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By Author
Published on November 2, 2023
In a decisive move to counter the increasing concerns over food safety, the Food Safety and Standards Authorities of India (FSSAI) is taking significant steps towards ensuring the health and well-being of the Indian populace. Amidst frequent reports of adulterated food and compromised hygiene standards, FSSAI's recent actions come as a welcome development, especially in educational institutions like schools and university hostels, where food safety has often been a pressing issue.
In an effort to promote safe food practices, the FSSAI has urged states and union territories across India to impart specialised training to the staff managing food sections in educational institutions. This directive was emphasised by Kamala Vardhana Rao, the CEO of FSSAI, during the 42nd Central Advisory Committee (CAC) meeting held in Pahalgam, Jammu and Kashmir. His call for action primarily aims to ensure that students receive hygienically prepared and safe food.
A key component of these new initiatives includes comprehensive training for the food handlers, a strategy to increase public awareness about the importance of food safety. The FSSAI also plans to expand and upgrade the network of food testing laboratories throughout the country, a move essential for maintaining stringent food safety standards.
The CEO's directive also extends to the close monitoring of milk products and sweets, particularly in light of the upcoming festive season. This vigilance is part of FSSAI's ongoing nationwide milk survey, which encompasses 766 districts, reflecting the Authority's commitment to ensuring food quality.
In addition to these measures, FSSAI is actively working on its ambitious project of modernising 100 street food hubs under the Eat Right India Initiative. This initiative focuses on certifying “Clean Street Food Hubs” and has already accredited about 110 hubs, enhancing the safety and hygiene standards of street food vending across India. Madhya Pradesh has notably taken a lead in this initiative, making significant strides in modernising numerous street food hubs.
Another critical aspect of FSSAI's action plan includes aiding street vendors in serving healthy, hygienic food within well-organised and infrastructurally sound areas. Technical support, setting benchmarks, and ensuring compliance are also part of this comprehensive approach.
The discussions and decisions made at the CAC meeting, attended by over 50 officials, including Commissioners of Food Safety, FSSAI representatives, and various stakeholders, underscore the holistic approach FSSAI is adopting to elevate food safety standards.
In a recent development, FSSAI has streamlined the process of obtaining food safety licences. This initiative, highlighted by District Collector Kranthi Kumar Pati, includes an online route for licence acquisition with a nominal fee of ₹1,000, simplifying the procedure for food business operators.
FSSAI's multifaceted strategy to revamp food safety and hygiene standards in India marks a significant advancement in the country's journey towards ensuring a healthier future for its citizens.
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By Manu Vardhan Kannan
Published on November 9, 2025
Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.
The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.
Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.
Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,
“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”
He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.
Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.
“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.
With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.
By Hariharan U
Published on October 27, 2025
Wyndham Hotels & Resorts reported its Q3 2025 financial results, showing steady growth across operations and financial metrics. Global system-wide rooms increased 4% year-on-year to 855,400, including 503,400 in the U.S. and 352,000 internationally, while the company awarded 204 new development contracts, up 24% from Q3 2024. The global development pipeline grew 4% to 257,000 rooms, with roughly 70% in midscale and above segments and 58% internationally.
Ancillary revenues rose 18% compared to the same period last year. Net income climbed 3% to $105 million, and adjusted net income reached $112 million, with diluted EPS increasing 5% to $1.36 and adjusted diluted EPS up 5% to $1.46. Adjusted EBITDA grew 2% to $213 million, while global RevPAR declined 5% in constant currency, mainly due to softer results in Asia Pacific and Latin America, partially offset by gains in EMEA and Canada.
Wyndham generated $86 million in net cash from operating activities and $97 million in free cash flow, ending the quarter with $70 million in cash and total liquidity of about $540 million, maintaining a net debt leverage ratio of 3.5x. In October 2025, the company refinanced its $750 million revolving credit facility, extending maturity to 2030, increasing capacity to $1 billion, and reducing borrowing costs by 35 basis points. Shareholder returns included the repurchase of 830,000 shares for $70 million in Q3 and year-to-date buybacks of 2.5 million shares for $223 million, alongside $31 million in dividends.
Looking ahead, Wyndham expects full-year global room growth of 4–4.6%, global RevPAR change of -3% to -2%, fee-related revenues of $1.43–$1.45 billion, adjusted EBITDA of $715–$725 million, adjusted net income of $347–$358 million, and adjusted diluted EPS of $4.48–$4.62, while maintaining a focus on portfolio expansion, strengthening its development pipeline, and delivering consistent shareholder value amid evolving industry conditions.
Published on October 26, 2025
Alaska Air Group reported strong financial results for the third quarter of 2025, posting a GAAP net income of $73 million and adjusted earnings per share of $1.05. The airline’s growth is being fueled by new nonstop routes from Seattle to London and Reykjavik, set to launch in May 2026, and the introduction of the Atmos Rewards loyalty program, which exceeded premium credit card sign-up expectations.
In a major technological upgrade, Alaska Air is installing Starlink high-speed Wi-Fi across its fleet, offering complimentary access to Atmos Rewards members. The company is also progressing with the integration of Hawaiian Airlines and advancing its Alaska Accelerate strategy, aiming for significant growth and profitability by 2027.
Analysts have assigned a Hold rating on ALK stock with a $49.00 price target, citing strong financial recovery but noting bearish technical indicators and increased leverage as potential risks. The airline continues to focus on expanding its global reach and enhancing customer loyalty through strategic partnerships and its Atmos Rewards program.
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