hotel industry – storyboard18

Five-star hotel chain ‘The Leela Palace’ to file for Rs 5,000 crore IPO soon: Report

The Leela Palace, Jaipur

The share sale of The Leela Palace will be managed by eleven investment banks such as Kotak Mahindra Capital, JM Financial, BofA Securities, Morgan Stanley, JP Morgan, Axis Capital, Citi, ICICI Securities, IIFL Capital, Motilal Oswal and SBI Caps

Wedding Fever: Hotel industry seizes on pre-wedding shoots, nuptial ceremonies to generate revenue

The growing popularity of lavish destination weddings accounted for an expenditure close to Rs 3.75 trillion in 2023 across the country (Photo: Hilton)

India hosts approximately 80 lakh to one crore weddings annually. An average Indian spends Rs 12 lakh, or roughly $15,000 on a wedding