Hotel Industry

Chains hope for revival as stabilisation measures kick in

The structural outlook remains favourable, analysts said. Mumbai contributes nearly 15 per cent to India's hotel room revenue and disproportionately dominates the luxury segment.

NRAI says it will ramp up fire safety advisories and set up a task force to help members plug compliance gaps, after a nightclub fire in Goa's Arpora killed 25 people

Targeting luxury and mid segments, companies to chip at US, European brands' market share

Tourism Ministry seeks increased budget for conservation activities and promotion of museums

Mahindra Holidays is expanding beyond vacation ownership with Mahindra Signature Resorts, targeting its first luxury hotel by FY27 and eyeing 2,000 keys by FY30 as rising incomes

Gaurav Sharma that the growing investor confidence was leading to record levels of signings and transactions, pushing up industry metrics

Pre-Budget representations made to finance ministry, tourism ministry

India's infra growth and tier-II and III markets to drive demand

MakeMyTrip's year-end campaign reveals a clear premiumisation trend, with one in three domestic travellers opting for 4- or 5-star stays and Goa, Jaipur, and Udaipur emerging as favourites

Aratt One World and Marriott International will jointly develop a JW Marriott in Bengaluru's Electronic City with a Rs 3,500 crore investment; the luxury hotel opens in 2030

The hospitality major strengthens its India presence with 59 new signings in 18 months, aiming to open 500 hotels by 2030 across business and leisure destinations

Firm's Q2 net profit surges 74%; outlook for H2 upbeat

Nine hotels to be added by FY30 with Rs 3,600 crore investment, doubling its portfolio

From Dubai to London, Indian hospitality majors like Leela, Taj, and Oberoi are stepping up their international presence to tap into high-spending global travellers

The OYO Assets firm aims to expand its premium and mid-premium portfolio, with acquisitions funded through a mix of debt and equity backed by InCred, Analah, and SoftBank

The Leela will require upfront capital ₹4,370 million for the 25 per cent stake, while private funds, managed by Brookfield, will acquire the balance 75 per cent stake

Hospitality body seeks regularisation of past GST dues, restoration of input tax credit for hotels, and flexibility in F&B taxation linked to room pricing

An extended monsoon slowed Q2 occupancy for hospitality players, but brokerages expect a strong second half led by MICE, festive, and wedding demand

ITC Hotels on Monday announced the signing of definitive agreements with Kumar Infra Hotel Private Limited (KIHPL) to manage a 140-room luxury hotel in Patna, Bihar. Part of Bihar Tourism development initiatives, the new hotel project was part of a competitive government bid process, which was secured by KIHPL with ITC Hotels as the finalised hotel operator. The project is set within a 1.5-acre site, helping the company expand its luxury hotel portfolio in the state. It will showcase "our iconic culinary and service excellence in Bihar through this ITC Luxury Hotel," according to Anil Chadha, Managing Director at ITC Hotels Ltd. "Our luxury properties epitomise the culture and ethos of each destination, offering indigenous experiences while celebrating the rich heritage of the region through distinctive architecture, arts, crafts & rituals," Chadha said. Manish Kumar, Director - Kumar Infra Hotel Private Limited, said, "It is a matter of pride for us to develop this project with .