WebinarsNew
Deep DiveNew
Explore Business Standard
Hotel Industry
Hotels are witnessing strong demand for weddings ahead of the winter season, with bookings being made well in advance as sought-after properties report double-digit growth in wedding business and near-full availability during key months. Noor Mahal Delhi NCR Karnal, branded as India's first Autograph Collection Hotel by Marriott International, has seen its wedding business grow around 15 per cent from last year, with substantial business already confirmed for 2027 and enquiries extending to November next year, its Executive Director Roop Partap Choudhary told PTI. "We are witnessing encouraging momentum in the wedding segment, with approximately 15 per cent growth over last year, accompanied by an expanding and more diverse customer demographic," Choudhary said. More significantly, he said, families were committing to wedding venues much earlier than before, giving hotels visibility well beyond the immediate season. "Perhaps the most significant development is the widening of the .
IHG Hotels & Resorts on Monday said it has signed a management agreement with Discover Resorts Neral Pvt. Ltd. for a 200-key voco in Karjat, Maharashtra. The property will convert to IHG's premium brand by early 2028, the global hospitality company said in a statement. "voco is well suited to a destination like Karjat, where travellers are looking for a premium experience that feels distinctive, relaxed, and connected to the character of the place." said Sudeep Jain, IHG Hotels & Resorts Managing Director, South West Asia. IHG currently has 53 open hotels operating across seven brands in India and a strong pipeline of 110 hotels due to open in the next 3-5 years.
Further rationalisation in goods and services tax (GST) on domestic hotels and restaurants could help fuel tourism growth in India, even as the country's travel market continues to grow despite global uncertainties, according to SOTC Travel Managing Director and CEO Vishal Suri. The GST Council had last year reduced GST on hotel rooms with tariffs of up to Rs 7,500 per night to 5 per cent from 12 per cent, without input tax credit, to make accommodation more affordable and support tourism. The new rates came into effect from September 22 last year. Suri said the government's decision to reduce the tax collected at source (TCS) on overseas tour packages to a uniform 2 per cent was a positive step for the industry. "The government has already reduced TCS on overseas tour packages to 2 per cent (uniform rate) and can further consider GST rationalisation on domestic hotels & restaurants," Suri told PTI in an interview. He said tourism has the potential to emerge as a major contributor
India has emerged as one of Radisson Hotel Group's strategic global growth engines and the company remains on track to reach 500 hotels target by 2030, as it is betting on emerging urban hubs and regional towns, religious tourism destinations and hotel conversions to drive its next phase of expansion, Nikhil Sharma, Managing Director & COO, South Asia, said. Backed by strong owner confidence and growing demand beyond traditional metros, the company expects faster conversion of its hotel pipeline into operational properties over the next two years while expanding deeper into Tier II, III and IV markets -- emerging urban hubs and regional towns -- leisure destinations and religious tourism hubs. "Without question. India has evolved from being an important market to becoming one of Radisson Hotel Group's strategic growth engines globally," Sharma told PTI in an interview. He said the company's India strategy was focused on execution, noting that in the first half of 2026 alone, ...
Radisson Hotel Group on Monday announced it has signed 10 new hotels in the second week of July, expanding its footprint across seven states and strengthening its growth trajectory in India. The 10 hotel signings span six brands, Radisson Blu, Radisson, Park Inn by Radisson, Radisson Individuals Premier, Park Inn & Suites by Radisson, and Radisson Individuals Retreats. The signings add hotels across major pilgrimage and temple-town markets, including Radisson Hotel Tirupati (Andhra Pradesh), Park Inn & Suites by Radisson Mathura Vrindavan (Uttar Pradesh), and Park Inn & Suites by Radisson Kadapa Airport (Andhra Pradesh). Besides, the group also plans to add more hotels to its current portfolio of 7 operational properties and a pipeline of 5 hotels in Bengaluru, India's technology capital and a strategic growth market. The recent signings include Radisson Blu Resort & Spa Bengaluru, Park Inn by Radisson Electronic City, and Lavish Hotel Bengaluru, a member of Radisson ..