Topic
hotel industry
Markets #domestic travel#marriott
Marriott reports strong domestic travel since West Asia war, inbound hit
Marriott International reports that strong domestic travel in India is offsetting the impact of the West Asia war on inbound tourism. Over 40% of air traffic to India via the Middle East has slowed, but local travelers are shifting trips domestically, leading to a recovery in revenue per available room (RevPAR) after a March dip.
Jun 15, 2026 1 source
Business Economy #residency hotels#luxury convention hotel
Residency Hotels invests ₹450 cr in luxury convention hotel in Madurai
The Residency Hotels, owned by Chennai-based Appasamy Group, has launched a luxury convention hotel in Madurai with an investment of ₹450 crore. The hotel, named The Residency Signature, spans seven acres and includes 186 rooms, a convention centre, and event spaces targeting MICE tourism, weddings, and spiritual travel.
Jun 14, 2026 1 source