According to the police 45-year-old Ishtiyaq Ahmad Dar was shot at by unknown gunmen while he was returning home on his motorcycle.
"He was taken to a hospital where doctors declared him brought dead," a senior police officer said.
Kishtwar Police has constituted a special investigation team (SIT) to probe the murder and bring the assassins to justice, police added.
Protests erupted in the town immediately after the news about the hotelier's murder spread.
Dar owned a hotel near the local bus stand in Kishtwar town.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)