Services
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Parina Sood, TFW Bureau Oct 05, 2024 - 6 min readWhen did you join Lemon Tree Hotel Group? How has the journey been so far? I joined Lemon Tree Hotels in 2022 as CEO of franchise division as they wanted to expand via franchising. Later, I took over as CEO for managed business as well. It’s been a great experience. This is ...
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Parina Sood, TFW Bureau Oct 01, 2024 - 3 min readWith festive season all set to knock on our doors, e-commerce is well and truly gearing up for the party. As it is, the Indian economy is looking at consumption boom and festive season is ensuring that all sectors get to enjoy the celebration. As per the recent Festive 2024 report by Redseer, e-commerce is ...
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TFW Bureau Oct 01, 2024 - 1 min readSwiggy Instamart has become the first quick commerce platform to launch a 24x7 free delivery service in Delhi NCR. Considering the increased festive demand, Swiggy Instamart, quick commerce platform will deliver products to customers in Delhi NCR within minutes. Customers can seamlessly access a wide range of products like groceries, festive treats, electronics, and ...
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TFW Bureau Sep 28, 2024 - 1 min readQuick commerce has emerged as a pivotal growth driver in grocery shopping as 31 per cent of online shoppers now rely on instant delivery platforms and 39 per cent for their top-up purchases, according to a report from NielsenIQ (NIQ). The report is based on a survey base of 4,500 consumers ...
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TFW Bureau Sep 26, 2024 - 1 min readNishant Pitti, one of the promoters of Easy Trip Planners has divested a 14 per cent stake in the company for Rs 920 crore through open market transactions. According to the bulk deal data available on the NSE, Nishant Pitti sold 24,65,49,833 shares, amounting to a 14 per cent stake in Easy Trip ...
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TFW Bureau Sep 25, 2024 - 2 min readThe EBITDA of IPO-bound travel tech platform OYO is expected to cross Rs 2,000 crore in 2025-26 with the American budget hotel chain Motel 6 adding substantially to its topline, according to documents. The travel tech unicorn estimates that Motel 6 will add over Rs 630 crore to its EBITDA (Earnings Before Interest, Taxes, ...
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TFW Bureau Sep 19, 2024 - 2 min readAyyappan R, the former chief executive of Flipkart-owned Cleartrip, is all set to launch a new quick-commerce retail venture in India. Currently, as per sources, the venture is seeking substantial seed funding from venture capital firms Accel and RTP Global. The new venture will focus on delivering a curated selection of premium ...
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Parina Sood, TFW Bureau Sep 18, 2024 - 8 min readAfter tasting stupendous success and through the roof sales during Rakshabandhan this year, the Quick-Commerce big-wigs are now turning to Diwali 2024 to celebrate the festive season with a bang. For the first time ever, quick commerce companies like Blinkit, Swiggy Instamart and Big Basket are partnering with FMCG giants like Parle, Mondelez and ITC, ...
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TFW Bureau Sep 10, 2024 - 1 min readThomas Cook (India) Limited, India’s leading omnichannel services company, has inaugurated its new franchise outlet in Chennai. The new outlet is located at Parry’s Corner - to leverage the high-growth market of the city and its surrounding catchments. This outlet is in close proximity to the Tamil Nadu High Court, Chennai Central railway station and ...
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Parina Sood, TFW Bureau Sep 06, 2024 - 2 min readWyndham Hotels & Resorts, which is the world’s largest hotel franchising company with approximately 9,200 hotels over more than 95 countries has announced the opening of Ramada by Wyndham Ahmedabad Narendra Modi Stadium Motera in partnership with Sankalp Recreation Private Limited, a leading hospitality and restaurants company based out of Ahmedabad. Being adjacent to the world’s largest cricket stadium by ...