Hospitality Industry

The Ladakh administration has decided to grant industry status to hotels and guest houses registered with the tourism department in a move aimed at strengthening the hospitality sector and boosting tourism-led economic growth, officials said. Lt Governor VK Saxena on Wednesday approved the grant of 'Industry' status to registered hotels and guest houses in the Union territory, they said. The decision, which will come into effect from June 1, 2026, is expected to provide a substantial fillip to tourism establishments through incentives, concessional utility tariffs and easier access to institutional finance, they said. Officials said hotels and guest houses would now be eligible for electricity and water tariffs at industrial rates, which are lower than the commercial rates which are currently applicable to such establishments. They would also qualify for concessional bank loans under various state and central government industrial policies besides exemption from property tax, they

The launch of the Sanigrease range at Plumbex India marks a strategic step in addressing one of the hospitality industry's most persistent infrastructure challenges - and signals the Group's deepening

India's hotel investment market surged 67 per cent year-on-year to $567 million in 2025 across 28 deals, driven by institutional capital, private equity, and strong demand from Tier II and III cities

Radisson Hotel Group expects to scale up its India portfolio to 157-160 operational hotels and 19,000-19,500 keys by December 2026, driven by a steady pipeline and continued expansion across markets, a top company executive said. Nikhil Sharma, Managing Director and Chief Operating Officer, South Asia, told PTI that the Group remains "very much on track" to achieve its target of 500 hotels in India by 2030. "We are at 17,000 keys in operation currently. With 18 more hotels set to open this year, we are adding between 2,000 and 2,500 keys," Sharma said. The global hospitality chain operates 142 hotels in India and has 84 more under development, reflecting a strong pipeline towards medium-term visibility. On the demand environment, Sharma pointed to a mixed impact from the ongoing West Asia crisis, particularly across key urban markets in the country. "We saw a slowdown in some metro cities, but tier-2 and tier-3 cities did not witness a large slowdown," he said. However, March saw

Two hotel projects in Thane and Mira Bhayandar to be developed with Rs 180-200 crore investment, targeting completion within three to four years

InterGlobe Hotels bets on India's travel boom, flags hotel room shortage, plans expansion to 300 properties amid rising domestic demand

Partnership targets India's growing mid-market hospitality segment, with plans to open two Spark by Hilton hotels this year across key business and leisure hubs

In just 15 days of the new financial year, bookings by foreign tourists in hotels have plummeted by 70 to 80 percent

Hospitality firm explores branded residences as a new growth vertical while targeting over 400 hotels globally in the next three to four years amid rising premiumisation trends

Hilton signs franchise agreement with Royal Orchid Hotels to launch 125 Hampton hotels across India, strengthening its presence in the midscale hospitality segment

Pride Hotels plans expansion across metros and pilgrimage hubs, eyes IPO launch as domestic travel demand surges and new luxury brand Pride Lux is introduced

Rising LPG prices push kiosks and restaurants to selectively hike prices, with smaller players facing sharper pressure amid West Asia fuel disruptions

Hotel stocks may rebound as valuations correct and expansion plans support growth, despite near-term pressure from weak demand, geopolitical tensions and cancellations

Kerten Hospitality enters India with plans for 1,000 keys, tying up with 3CF Advisors and working with asset owners to expand its lifestyle hotel brands

The project in Powai will include a dual-hotel complex, convention centre, and event spaces, aimed at boosting Mumbai's position as a key destination for business, tourism and MICE activities

Move aims to unlock shareholder value, streamline capital structure and enable separate listing of Sterling Holiday Resorts on stock exchanges

Many go back to coal and wood, while some give offers in return for cylinders

Former Compass Group India head will lead strategy and expansion as Hyatt targets 100 hotels in India, its fastest-growing market, over the next five years

Hotel and restaurant owners in Odisha warn they may shut establishments as disruptions in commercial LPG cylinder supply threaten operations, employment and tourism in the state

If airlines cancel flights due to war or airspace closure, passengers can seek full refunds. But if travellers cancel voluntarily, contractual rules apply and insurance may not cover war