Hotel

The K Raheja Corp-backed hospitality firm adds 381 keys across Hyderabad and Pune under its Athiva brand, taking its total inventory, including the pipeline, close to 5,500 keys

The hotel company reported a sharp rise in June-quarter profit as debt repayment reduced finance costs, while higher room rates and occupancy offset weaker food and beverage demand.

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

Strong domestic travel, higher room rates and an expanding hotel portfolio are expected to drive IHCL's Q1FY27 performance and medium-term growth

Leading luxury hospitality players such as ITC Hotels and Radisson Hotel Group are reporting robust demand for domestic leisure travel this summer as affluent Indians increasingly choose destinations closer to home amid geopolitical tensions in West Asia. While outbound travel continues to remain an important aspiration for wealthy Indian travellers, factors like convenience, predictability and the expanding range of premium domestic experiences are encouraging more travellers to spend their summer holidays within India, top hospitality executives told PTI. "While affluent Indian travellers continue to maintain strong long-term interest in international travel, near-term geopolitical uncertainty, airline disruptions and elevated travel costs have encouraged many consumers to increasingly explore premium domestic alternatives," The Leela Palaces, Hotels and Resorts CEO Anuraag Bhatnagar said. At ITC Hotels, booking trends are running ahead of last year in several leisure markets. "T

Adani Airport Holdings on Thursday announced signing a deal with hospitality firm IHG Hotels & Resorts for developing five hotels across key airport-linked and high-growth urban destinations, including Mumbai, Navi Mumbai and Ahmedabad. The agreement will add close to 1,500 keys across multiple brands and locations, in line with IHG's growth plans for India, Adani Airport Holdings Ltd (AAHL) said. AAHL said it is also in advanced discussions with IHG to further deepen and expand this partnership. The pact also marks IHG's luxury lifestyle boutique brand, Kimpton Hotels & Restaurants' debut in the domestic market. The development aligns with rising travel demand and the rapid expansion of India's aviation, tourism and airport-led urban infrastructure sectors, AAHL said. These five hotels will be developed across Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region (MMR), strengthening hospitality infrastructure around major aviation and urban growth ...

Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development

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

Rising preference for short-haul trips and late bookings is pushing up occupancies and room rates, with hotels and villa rentals reporting strong demand across key leisure destinations

The conflict in West Asia is no longer a distant geopolitical story. It is beginning to affect daily life in India. LPG supplies are being rationed, businesses are feeling the squeeze,

As restaurants cite rising commercial LPG costs for the surcharge, here is what Indian law permits and where it draws a clear line

Royal Orchid Hotels Limited plans to expand to 250 hotels and 20,000 keys by 2030, remaining open to global partnerships and selective private equity while pursuing an asset-light growth strategy

Representatives from the hospitality sector, including members of hotel associations met Tourism Minister Gajendra Singh Shekhawat during the last two days amid reports of skyrocketing hotel room tariffs ahead of the upcoming India AI Impact Summit, scheduled at Bharat Mandapam here from February 16-20. Confirming the development, Hotel Association of India (HAI) said in light of recent articles reporting on hotel pricing in Delhi during the AI Impact Summit, a meeting was held by the Union Minister for Tourism and Culture Shekhawat. Industry sources said almost all standard rooms, which account for about 70 per cent of the inventory in top hotels in the national capital have been sold out. With demand surging, not just because of the AI summit but also due to wedding season and the ongoing T20 cricket world cup, room tariffs are already priced high. There has been an escalation in prices for last-minute bookings. An industry executive, requesting anonymity, said high prices of Rs

"You have to be strong in India to be strong outside India," said CEO Elie Maalouf on catering to India's growing number of outbound travellers alongside China

LaLiT ED Deeksha Suri says hotels must adopt airline-style dynamic pricing as the group consolidates, refinances and prepares for calibrated, asset-light expansion in emerging markets

Hospitality chain Pride Hotels is targeting to launch initial public offering (IPO) by March 2026 to fund renovations of existing properties and pare debt, its Chairman & Managing Director Sureshchand Premchand Jain said. The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO. The proposed IPO comprises a fresh issue of equity shares worth Rs 260 crore and an offer for sale (OFS) of 3.92 crore equity shares by existing shareholders. Of the fresh issue proceeds, Rs 159.68 crore will be used to modernise and renovate existing hotels, Rs 40 crore for debt repayment, and the balance for general corporate purposes. Total borrowings stood at Rs 65 crore as of March 2025, the draft papers showed. Elaborating on the utilisation plan, Jain told PTI that the company intends to deploy the funds over the next 12 to 27 months to undertake renovation, refurbishment and upgradation of six out of seven .

Business travel, MICE, and wedding season expected to drive Chalet Hotels' occupancy and RevPAR growth in H2 FY26

For years questions have swirled in the travel industry about whether the company can maintain impartiality in awarding stars to local restaurants

Auro Realty's bond issue is in advanced stages and could be completed as early as this month, while private credit funds are expected to be investors, the bankers added

The substantial correction in real estate rates across Goa is a trend that analysts believe is part of a 'healthy cycle' that would create stronger foundations for growth in the future