Market pulse › Hotels and travel
Hotels and travel
Today5 stories · 5 articles
Net tone● ±0% today
Market checkIndia Tourism +0.11%
Developing0 storylines
424 Sept
925 Sept
926 Sept
227 Sept
428 Sept
IPO▼ bearishPrestige Estates shares in focus after hotel arm shelves ₹2,700 crore IPO planPrestige Hospitality Ventures shelved its planned **₹2,700 crore IPO**Prestige EstatesReal estateSEBI
Policy▲ bullishGovt launches initiative to build digital public infra for tourism sectorCentre launched a project to build national digital public infrastructure for tourismInfrastructureGovernment capex
● mixedPremium travel cards are changing as banks tie perks to broader customer relationships; here’s what you need to knowBanksAirlines
● mixedWorld Tourism Day 2026 special: 5 common money mistakes Indian tourists should avoidInternational trip budgets should include costs beyond flights and hotelsAviation
Data▲ bullishIndia’s tourism sector contributes 5.22% to GDP, supports 8.46 crore jobs: GovtTourism contributes 5.22% to GDP and supports 8.46 crore jobsGDPJobs and layoffsEconomic growth
● mixedFree flights and hotel stays with credit card points? Here’s how to get more from your rewardsAviationAirlinesSpiceJet
Policy● mixedOne year of GST 2.0: What changed for hotel room pricing and guest behaviourAccor’s ibis says the ₹7,500 hotel-room threshold is drawing greater guest attentionGSTTaxes
● mixedTravel industry may need to prioritise continuity, trust as AI reshapes booking journey: ReportTravel companies may need to build continuity across the customer journey and strengthen traveller trust as AI reshapes bookingsAI
● mixedWorld Tourism Day: From travel insurance to hotel refunds, what to know when plans changeInsuranceAviation
Expansion▲ bullishLemon Tree Hotels opens 71-room resort in Nashik; second property in cityLemon Tree Hotels opened a 71-room resort in Nashik, its second property in the cityLemon Tree Hotels
● mixedAI is shopping for you now. What does that mean for ecommerce in India?AI agents could handle consumers’ shopping decisions and transactionsAIE-commerceInsurance
Expansion● mixedThree midcap stocks with strong growth potentialKalpataru Projects, ITC Hotels and Waaree Energies are expanding capacity and entering new marketsKalpataru ProjectsITC HotelsWaaree Energies
● mixedGlobal tourism enters a digital era: WEF highlights role of online payments, technology, AIOnline booking platforms help smaller tourism businesses reach customers beyond traditional marketsFintech and paymentsAI
● mixed‘I don’t begrudge them their money’: My husband and I have friends who spend, spend, spend. How do we keep up?Friends’ weekend trips involve luxury hotels, expensive meals and last-minute upgrades
IPO▼ bearishPrestige Estates withdraws ₹2,700 crore IPO plan for its hospitality businessPrestige Estates withdrew the hotel business IPO plan amid uncertain market conditionsPrestige EstatesReal estateMarket valuations
Funding and debt● mixedDextr AI raises $6.7 million in seed funding led by Elevation CapitalThe hospitality-focused AI startup raised $6.7 million, about ₹64.2 croreStartup fundingAIStartups and VC
Legal● mixedNIA case: Delhi Court allows US' Van Dyke, 6 Ukrainians to travel homeDelhi Court allowed US national Matthew Aaron VanDyke and six Ukrainians to travel homeUkraineSupreme Court
Market move● mixedChalet Hotels among 3 stocks closed above VWAPChalet Hotels was among three Nifty 500 stocks that closed more than 1% above VWAP on September 24Chalet HotelsMarket valuations
Expansion● mixedRadisson Hotel Group working on 'India booster' plan to fast track expansion: COORadisson aims to open 500 hotels in India by 2030
Market move▼ bearishStocks in news: Waaree Energies, PB Fintech, Lemon Tree Hotels and Dr Lal PathLabsNifty 50 fell by over 380 pointsPB FintechNifty and SensexFintech and payments
Deal● mixedMGM Resorts Is Discussing Making a Bid for People, WSJ ReportsWarner Bros. DiscoveryParamount
Expansion● mixedLemon Tree Hotels acquires Mumbai land for ₹120 crore, signs 90-room Telangana hotelLemon Tree Hotels acquired Mumbai land for ₹120 crore and signed a 90-room Telangana hotelLemon Tree Hotels
Expansion● mixedAxis Bank readies major customer-connect initiative to mark World Tourism DayAxis Bank plans an outreach programme across India focused on tourism and hospitality in GoaAxis BankBanks
Data● mixedMoSPI data shows domestic travel spending varies by trip purposeIndian households spend different amounts depending on why they travelConsumer demandEconomic growthMoSPI
Deal● mixedInterGlobe set to take controlling stake in Mamagoto parent Azure Hospitality in $15-20 million dealDeal values Azure Hospitality at $15-20 million and combines a secondary share purchase with fresh capitalIndiGo