Hospitality

Brics Summit is the latest to turn the focus on the missing mid-segment

Former ITC executive Nakul Anand's book unpacks every aspect of the service industry, giving us the behind-the-scenes story of its iconic restaurant brands, Dum Pukht and Bukhara

Hilton has 60 hotels under construction and commitments for 400 more in India, as it bets on rising travel demand, religious tourism and growth in tier-II and tier-III cities

Sri Lankan tea company plans Urban Estate lounges in India and revival of its Coimbatore plant as it targets rising demand for non-alcoholic beverages among Gen Z

Hotel major plans to add over 7,000 rooms through 55 new hotels, taking its India portfolio to 150, while expanding into larger properties and tier-1 cities

ITC Hotels Chairman Sanjiv Puri said rising domestic travel and experience-led tourism are driving hospitality growth, with the company targeting 250 hotels over five years

The rating agency expects hotel occupancy to remain at 72-74 per cent and premium room rates to rise, although geopolitical and inflationary risks could weigh on margins

Hospitality chain expands into pilgrimage towns, wildlife destinations and metro markets through greenfield, resort and conversion projects across seven states

Thomas Cook (India)'s hospitality arm aims to expand to 95 resorts and 4,500 rooms by 2027, banking on demand for experiential travel despite industry headwinds

The hospitality company reported higher June-quarter earnings on revenue growth but cautioned that the West Asia conflict has disrupted air travel and added to inflationary pressures

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The hospitality startup will use the funds to expand across leisure destinations, invest in technology and strengthen its portfolio of managed holiday homes

The 220-key luxury hotel on the Jaipur-Ajmer Highway is part of Manglam Group's broader Rs 1,000 crore hospitality investment plan over five years

Catch spices maker DS Group will invest ₹400 crore in a 200-room W Hotel in Delhi Aerocity and plans to add up to 12 hotels by FY29 with investments of around ₹1,000 crore

Indian conglomerate Dharampal Satyapal Group (DS Group), known for brands including Rajnigandha and Catch, is increasing its investment in the hospitality sector to Rs 1,500 crore as its initial target to double room count will be achieved ahead of schedule, according to Vice-Chairman Rajiv Kumar. Dharampal Satyapal Group (DS Group), which on Wednesday announced a new hospitality project in partnership with Marriott International under the 'W Hotels' luxury brand near the Indira Gandhi International Airport here in the Capital, is also scouting for brownfield acquisitions and also looking to expand in North East India, Kumar told PTI in an interview. "Last year, we said by 2029 we will invest Rs 1,000 crore and make our (room) inventory from 1,000 to 2,000. Maybe, we (will) do it before time," he said, sharing how the group's expansion in the sector has progressed. He further said, "If we complete our target in 2028, then we have to expand further to 2029 because 2029 we (DS Group)

Luxury homes and education campuses to come up as new local growth avenues

Indian corporations are poised to become large brand owners in the US, shifting American consumers' perception about India's soft power well beyond Bollywood and IT, founder and CEO of Oyo-parent firm PRISM Ritesh Agarwal said, stressing the importance of technology, as he underlined that "India's time is now". Agarwal noted that India is the second biggest office for 'FAANG' - an acronym for five of the most prominent US technology companies: Facebook (Meta), Amazon, Apple, Netflix, and Google. Agarwal highlighted that his company has "very aggressively" expanded its international footprint and now makes the most amount of sales globally in the United States. "We are also the single largest economy hotel brand owner here in the US, with the acquisition of Motel Six," he said. In 2024, OYO completed its USD 525 million acquisition of G6 Hospitality, the parent company of the US hospitality brand Motel 6, the largest owned-and-operated hotel chain in North America. "I feel we are go

Mumbai-Ahmedabad airfares have risen to ₹13,000-15,000 from the usual ₹3,000-5,000

Odisha plans a ₹1,500-crore tourism land bank to fast-track hotel and resort projects across major travel destinations in the state

Second at Dharamshala stadium in the works