Hotels & Accommodations
MICHELIN Guide to unveil first-ever global hotel Key selection on October 8, 2025 :: Michelin North America, Inc.
This is a true gem with its own character and personality. It may break the mold, offer something different, or simply be one of the best of its type. Service always goes the extra mile and provides significantly more than similarly priced establishments.
Two MICHELIN Keys: an exceptional stay
Somewhere truly unique and exceptional in every way, where a memorable experience is always guaranteed. A hotel of character, personality and charm that’s operated with obvious pride and considerable care. Eye-catching design or architecture, and a real sense of the locale make this an exceptional place to stay.
Three MICHELIN Keys: an extraordinary stay
It’s all about astonishment and indulgence here – this is the ultimate in comfort and service, style and elegance. It is one of the world’s most remarkable and extraordinary hotels and a destination for that trip of a lifetime. All the elements of truly great hospitality are here to ensure any stay will live long in the memory and hearts of travelers.
After celebrating over 1,500 outstanding hotels through its initial Key selections, The MICHELIN Guide now goes a step further in showcasing the very best of global hospitality, with Inspectors currently finalizing this first worldwide selection.
Introducing Four New Special Awards.
In addition to the MICHELIN Keys, The MICHELIN Guide will introduce four Special Awards, recognizing properties for achievements that transcend classic categories, and celebrating excellence and uniqueness in specific hospitality fields:
- MICHELIN Architecture & Design Award: Celebrates hotels whose architecture and design inspire unforgettable journeys, and elevate the guest experience through a distinctive aesthetic identity.
- MICHELIN Wellness Award: Recognizes properties with pioneering and holistic wellness programs nurturing body, mind, and spirit.
- MICHELIN Local Gateway Award: Honors hotels that offer guests immersive connections to their surroundings, evoking the character and spirit of their region.
- MICHELIN Opening of the Year Award: Rewards newly opened hotels that have made an exceptional impact on the hospitality landscape within their first year.
Each Special Award will be attributed to one winning property. The winner will be revealed during the Ceremony on October 8th, 2025. Ahead of this, nomination lists (five nominees per award) will be unveiled on the MICHELIN Guide social media and editorial platforms according to the following schedule:
- Architecture & Design Award Nominees: August 13th
- Wellness Award Nominees: August 27th
- Local Gateway Award Nominees: September 10th
- Opening of the Year Award Nominees: September 24th
The MICHELIN Guide Hotels Ceremony
The unveiling of the 2025 MICHELIN Keys selection will take place both digitally – across The MICHELIN Guide social media and editorial platforms – and physically during an exclusive Ceremony to be organized in Paris on October 8th, 2025.
Offering a glimpse into timeless culture and exceptional design, The MICHELIN Guide Hotels Ceremony will take place at the spectacular Musée des Arts Décoratifs in Paris, overlooking the Louvre and the Tuileries Garden.
This exclusive professional event will gather a selection of awarded hotels (represented by approximately 300 international hoteliers), Special Award winners, top journalists, and leading industry opinion leaders.
Conceived as an immersive and celebratory occasion, the Ceremony will honor global hospitality cultures, genuine concepts, and remarkable know-how.
Hotels & Accommodations
Wipro, LTIMindtree, Axis Bank, Indian Hotels, Jio Financial, RIL
Axis Bank Q1FY26 Highlights (Standalone, YoY)
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NII up 1% to Rs 13,560 crore versus Rs 13,448 crore (Estimate: Rs 13,970 crore).
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Net Profit down 3.8% to Rs 5,806 crore versus Rs 6,035 crore (Estimate: Rs 6,376 crore).
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Provisions up 94% to Rs 3,948 crore versus Rs 2,039 crore.
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Net NPA at 0.45% versus 0.33% (QoQ).
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Gross NPA at 1.57% versus 1.28% (QoQ).
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Fresh slippages at Rs 8,200 crore versus Rs 4805 crore.
Wipro Q1FY26 Highlights (Consolidated, QoQ)
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Revenue down 1.65% to Rs 22,134 crore versus Rs 22,504.2 crore. (Estimate: Rs 22,078 crore).
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EBIT decreased 9.09% to Rs 3,548 crore versus Rs 3,902 crore. (Estimate: Rs 3,783 crore).
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EBIT margin contracted 132 basis points to 16.02% versus 17.3%. (Estimate: 17.1%).
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Net profit fell 7.02% to Rs 3,336 crore versus Rs 3,588 crore. (Estimate: Rs 3,249 crore).
LTIMindtree Q1 FY26 Highlights (Consolidated, QoQ)
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Revenue 0.7% up at Rs 9,840.60 crore versus Rs 9,771.70 crore. (Estimate: Rs 9,855 crore).
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EBIT up 5% to Rs 1,406.50 crore versus Rs 1,345.40 crore. (Estimate: Rs 1416 crore).
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EBIT margin at 14.3% versus 13.8%. (Estimate: 14%).
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Net profit up 11% to Rs 1,254.10 crore versus Rs 1,128.50 crore. (Estimate: Rs 1,194 crore).
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Trailing 12-month attrition was 14.4%.
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Revenue – Constant Currency (CC) terms grew by 0.8% QoQ and 4.4% YoY.
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Order Inflow at 1.63 (USD Billion) vs 1.60 (USD Billion) QoQ, 1.40 (USD Billion) YoY.
Indian Hotels Co Q1 FY26 Highlights (Consolidated, YoY)
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Revenue 31.7% up at Rs 2,041.08 crore versus Rs 1,550.23 crore.
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Ebitda up 28% to Rs 576.03 crore versus Rs 449.60 crore.
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Ebitda margin at 28.2% versus 29%.
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Net profit up 19% to Rs 296.37 crore versus Rs 248.39 crore.
Jio Financial Services Q1 FY26 Highlights (Consolidated, YoY)
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Net Profit up 3.8% to Rs 325 crore versus Rs 313 crore.
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Total Income up 48.3% at Rs 619 crore versus Rs 418 crore.
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AUM of JioBlackRock Asset Management exceeds Rs. 17,800 crore.
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Jio Credit Limited AUM at Rs. 11,665 crore, up from Rs. 217 crore in Q1 FY25
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Pre-provisioning Operating Profit at Rs. 366 crore, up 8% YoY
Nuvoco Vistas Corporation Q1 FY26 (Consolidated, YoY)
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Revenue up 8.95% at Rs 2872 crore versus Rs 2636 crore.
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Ebitda up 51.02% at Rs 518 crore versus Rs 343 crore.
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Ebitda margin up 502 bps at 18.03% versus 13.01%.
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Net profit at Rs 133 crore versus Rs 2.25 crore.
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Other income grew by 3.2 times at Rs 14.8 crore vs Rs 4.52 crore
Ceat Q1 FY26 (Consolidated, YoY)
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Revenue up 10.5% at Rs 3,529 crore vs Rs 3,193 crore.
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Ebitda up 1.3% at Rs 388 crore vs Rs 383 crore.
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Margin at 11% versus 12%.
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Net Profit down 27% At Rs 112 crore versus Rs 154 crore.
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Re-appoints Arnab Banerjee as MD, CEO for a further 2 years.
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To spend Rs 450 crore on capex at Chennai Plant.
Sterling and Wilson Renewable Energy Q1 FY26 Highlights (Consolidated, YoY)
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Revenue up 92.5% to Rs 1,761.63 crore versus Rs 915.06 crore.
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Ebitda at Rs 85.46 crore versus Rs 24.68crore.
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Margin at 4.9% versus 2.7%.
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Net Profit up multifold to Rs 31.97 crore versus Rs 4.19 crore.
Tata Communications Q1 FY26 Highlights (Consolidated, QoQ)
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Revenue down 0.5% to Rs 5,959.85 crore versus Rs 5,990.35 crore.
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Ebitda up 1% to Rs 1,136.81 crore versus Rs 1,122.08 crore.
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Margin at 19.1% versus 18.7%
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Net Profit down 82% to Rs 190.14 crore versus Rs 1,040.51 crore.
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Notable slip in net profit owing to Rs 311.2 crore exceptional gain in the previous quarter.
Sunteck Realty Q1 FY26 Highlights (Consolidated, YoY)
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Revenue down 40.5% at Rs 188 crore versus Rs 316 crore.
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Ebitda up 52% to Rs 47.7 crore versus Rs 31.4 crore.
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Ebitda margin at 25.4% versus 9.9%.
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Net profit up 46.8% to Rs 33.4 crore versus Rs 22.8 crore.
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Pre-sales grew to ~Rs.657 crore, up 31% YoY.
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Collections stood strong at ~Rs.351 crore.
Shoppers Stop Q1 FY26 Highlights (Consolidated, YoY)
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Revenue 8.6% up at Rs 1,161.08 crore versus Rs 1,069.31 crore.
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Ebitda up 20% to Rs 171.51 crore versus Rs 142.92 crore.
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Ebitda margin at 14.8% versus 13.4%.
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Net loss at Rs 15.74 crore versus loss of Rs 22.72 crore.
Clean Science Q1 FY26 Highlights (Consolidated, YoY)
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Revenue up 8.4% to Rs 243 crore versus Rs 224 crore.
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Ebitda up 5.5% to Rs 99.8 crore versus Rs 94.7 crore.
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Margin at 41.1% versus 42.3%.
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Net Profit up 6.3% to Rs 70.1 crore versus Rs 65.9 crore.
360 One WAM Q1 FY26 Highlights (YoY)
Hotels & Accommodations
Packages and promotions – The Korea Herald
Packages and promotions The Korea Herald
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Hotels & Accommodations
Hotels, restaurants now don’t need police cert for liquor licence | Delhi News
New Delhi: Delhi govt has removed the requirement for an eating house registration and lodging certificate from police for serving liquor in hotels, clubs and restaurants in the national capital.According to officials, the certificate was a prerequisite to apply for a licence from the excise department to serve beer, wine and spirits, and it often took weeks to be issued by Delhi Police. However, lieutenant governor VK Saxena issued directions in June to withdraw powers from Delhi Police to issue licences/certificates/no-objection certificates to seven categories of businesses, including eateries, hotels, motels and guesthouses. A notification was subsequently issued by the commissioner of police, repealing its regulatory power in the matter with immediate effect.In an order issued earlier this week, the excise department stated that applications for the grant or renewal of different kinds of licences, including L-11 (retail vend of microbreweries), L-15 (hotel, guesthouse with room service of liquor), and L-16 (serving of liquor at bars, restaurants attached to hotels), were not required to submit the eating house registration and lodging certificate.The exempted categories also include L-17 (service of liquor at independent restaurants) and L-19 (round-the-clock service of liquor at departure and arrival lounges of international airports), among other excise licences.The certificate from police used to be a significant hurdle before obtaining the appropriate excise licence. “The process of getting a police licence was very cumbersome. Even if all the papers were in order, they would still find faults and make you take rounds to their office. They were aware that this licence is the last hurdle for a restaurant to cross to get a liquor licence and would try their best to delay it. Even though we had to apply online, they would not issue it until you visited,” said a restaurateur. Manpreet Singh, treasurer of National Restaurant Association of India, said Delhi was one of the two cities in the entire country that required such a licence, and the lieutenant governor and the chief minister gave a “great gift” by abolishing it. “Now the process of opening a restaurant has become easier and faster. This will attract more investment in this sector, not just locally but also nationally and internationally,” he added.Another restaurateur mentioned that the process of issuing a police licence was specified to be completed within 45 days but often took months due to last-minute queries.The excise department grants licences to any club, restaurant or hotel to serve liquor after the submission of fire safety and municipal corporation certificates. With the eating house certificate gone, the process to get the excise licence will speed up now.
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