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Airbnb is hugely popular in The Netherlands, attracting 1.4 million guests to the country in 2016. (Photo: AFP)

Pinching pennies to minting billions: Here's how 2 roommates founded...

Airbnb is a startup now valued at more than USD 30 billion which boasts millions of places to stay in more than 191...

4 July 2018 3:38 PM IST

In 2018, the hotel industry saw 134 new hotels with a total 7,215 keys getting opened.

Over 8,500 keys to be added in hospitality sector this year

The investment transactions in the industry is expected to more than double in 2019 as the volumes had hit 18-year low...

12 April 2019 2:00 AM IST

Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

Fitment panel rejects GST rate cut for auto, biscuits; favours relief...

Automobile industry has long been demanding reduction in GST rate from the present 28 per cent to 18 per cent.

18 Sept 2019 7:51 PM IST

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar. (PTI Photo)

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM IST

A decision on reopening hotels and restaurants in Maharashtra will be taken soon. (PTI Photo)

Maharashtra government to allow reopening of hotels, restaurants soon

CM Uddhav Thackeray appealed to companies not to retrench their workers even if there is a wage cut

6 July 2020 11:35 AM IST

SDMC has issued directions to all hotels, restaurants and eateries in its jurisdiction to make their washrooms accessible to the public at a price of Rs 5 from April 1.

Hotel industry welcomes revised GST slab on hotel rooms

Tax rate for air-conditioned restaurants, including restaurants in five-star hotels will have GST at 18 per cent.

21 Jun 2017 2:33 PM IST