Indian Hotels Company Limited is prioritizing the midscale segment, led by Ginger, aiming for over 250 hotels. IHCL plans significant capital expenditure in the coming years. Qmin’s success complements Ginger, while Amã Stays shows growth. Acquisition strategies focus on scaling up and rebranding opportunities. The hospitality sector is expected to grow, with demand outpacing supply.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per