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hospitality sector: 2024: Hospitality sector looks to tap opportunities in underserved Indian market

The hospitality sector in India is optimistic about the potential for growth in the underserved market in 2024, despite challenges such as long-term funding accessibility, high GST rates, talent acquisition, and complex business processes. In 2023, listed hotel companies reported double-digit revenue growth due to domestic demand, recovery in foreign tourist arrivals, and large global events like India s G20 Presidency and men s cricket World Cup.

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Fortune Hotels signs agreement to operate two hotels in Kochi

Fortune Hotels signs agreement to operate two hotels in Kochi
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Fortune Hotels signs agreement to operate two upscale hotels in Kochi

Fortune Hotels, a member of the ITC hotel group, announced the inking of its latest operating agreements for two Fortune Park brownfield projects in Kochi –one each in Athani and Kakkanad. The two strategically located hotels, scheduled to open in the year 2025, mark Fortune Hotels’ much anticipated entry into Kerala.

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Fortune Park Hotels on expansion mode; opens sixth facility in TN

Fortune Park Hotels on expansion mode; opens sixth facility in TN
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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Fortune Hotels enters Tiruppur in Tamil Nadu

Fortune Hotels enters Tiruppur in Tamil Nadu
travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.

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