Hotel Sector

Leela Palaces Hotels share price hit a life-time high of ₹518 in Monday's trade, after reporting a 460% surge in Q1FY27 net profit. JM Financial and Choice Broking raised the target price on stock.

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, ...

Healthy domestic travel demand, rising occupancies and higher room rates are expected to support Indian Hotels' revenue growth despite weakness in international operations

The hospitality sector is expected to remain stable in FY27, supported by domestic leisure travel and MICE sector demand, with room rates likely to remain firm, said Indian Hotels Company.

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

Global hospitality major Hilton on Wednesday announced the signing of a strategic agreement with Regenta Hotels Private Limited, owned by Royal Orchid Hotels Limited, for opening 125 'Hampton by Hilton' hotels across western and southern India by 2035. The partnership accelerates Hilton's upper mid-scale expansion in India, where rising domestic travel and growing demand from the country's expanding middle class are driving strong opportunities in the mid-market segment. The franchised hotels will primarily be developed across western and southern markets, including Goa, Maharashtra, Karnataka, Tamil Nadu, Andhra Pradesh and Telangana, joining more than 3,100 Hampton by Hilton properties operating globally. Alan Watts, President, Asia Pacific, Hilton, said, "India's economic growth, expanding middle class and rapid infrastructure development are reshaping the country's travel landscape, creating significant opportunities for our brands. Our new strategic partnership with the Regenta

Court continues interim relief, stays show-cause notice in case challenging 18% GST rate on restaurants in high-tariff hotels, with hearing slated for June

Geopolitical tensions may hit foreign tourist inflows, affecting occupancies and room rates even as domestic demand stays resilient; outlook hinges on conflict duration

In February, Lemon Tree Hotels shares plunged 16 per cent, Chalet Hotels tanked 14 per cent, Indian Hotels Company (IHCL) slipped 5 per cent and ITC Hotels fell 8 per cent

The spillover wasn't limited to the northern region. Executives ended up staying in Mumbai and Bengaluru hotels in several instances, travelling to and from Delhi for the event

The brokerage preference remains hotels over aviation and luggage within the travel and related consumption basket, reflecting stronger earnings visibility in hotels

As part of the transaction, Warburg Pincus has acquired APG's entire 41 per cent stake in Fleur and committed up to ₹960 crore of primary equity to fund Fleur's growth.

Lemon Tree Hotels announces strategic reorganisation, Fleur to be listed on bourses separately

EIH stock has witnessed the formation of 'Death Cross'. ITC Hotels, EIH Associated Hotels, Taj GVK and Mahindra Holidays have also seen the similar bearish formation in the recent past.

HRAWI has sought a limited extension for excise-licensed hotels and restaurants to serve till 5 am on December 24, 25 and 31, seeking clarity for planning and crowd management

Festive travel demand peaks as hotel bookings jump nearly 30% in December, pushing room rates and airfares higher across popular leisure destinations in India

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.

Hotel prices in India's metro cities are likely to remain firm due to limited supply additions, even as higher room availability in tier-2 markets may cap rate growth, YES Securities said.

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