Articles tagged “ratings”

It's notable how many of Michelin's favorite hotels are independently owned and run. Hard to find any properties run by the largest hotel groups on its lists.

This upgrade is a testament to Oyo's strengthening financial position and the broader positive trends within India's hospitality industry.

Michelin has bestowed its coveted "keys" upon a select handful of hotels, ranging from cliffside hideaways to palatial pads.

New York and California dominated in the top "key" category with Michelin's new U.S. hotel ratings.

Dubai has surged in the luxury hotel race, adding five five-star hotels to its existing seven. The strong showing came as the Middle East beat out other regions in growth of five-star awards.

Michelin Guide, whose star ratings are coveted by restaurants worldwide, said on Thursday it would begin designating "the most exceptional hotels."

Not too concerned about the Fitch downgrade, Oyo would rather look at the silver lining — a projected 80 percent growth in financial year 2023. The rating revision is in line with more modest expectations for Oyo's IPO.

The new California statewide Michelin Guide may be a nod to the state's culinary interests. But it could also be the result of a smart play by Visit California, a tourism organization, in the style of Singapore, Thailand, and other destinations who have partnered with the Guides.

It will be interesting to see how much energy The Infatuation devotes to Zagat and how loyal the older brand's readers will be following years of neglect compounded by radically changed consumer habits and a slew of more savvy competition.

Recent data shows that independent restaurants are faring better than chains, and are expected to grow at a faster rate. Don't discount larger corporations yet, though — innovation and creative ideas are happening across the industry.