Luxury Hospitality

A scion of the clan is leading the sale of a 138,000 square meter deep-water marina on the Thai island that was one of the key filming locations for season three of The White Lotus

A pool or billiards table is more than a sporting indulgence - it's a stage for connection, where the click of the cue ball is as much about the game as it is about the company you keep

Roseate Hotels and Resorts -- which owns luxury properties in India and the UK -- is eyeing new markets including Dubai, Italy, France and Switzerland and looking at diversifying its portfolio with a mix of owned as well as managed properties, the company's CEO Kush Kapoor said. In an interview to PTI, Kapoor emphasised upon the need to market India better, streamline visa processes and improve the working conditions for hospitality sector employees in terms of rationalising their working hours and better wages, as key to attracting more foreign tourists to India and having a better talent pool for the hotel industry. The Roseate Hotels and Resorts CEO also sought rationalisation of GST rates for the hospitality sector and lowering the number of licences required for hotels to reduce the compliance burden. "Yes the focus is very heavily on India. We definitely want to be in the upscale market and would like to grow in tier 2 and tier 3 cities also. For us the most important thing is

Schloss Bangalore has received an 'overweight' rating from Morgan Stanley, with a target price of ₹549

From Game Palacio to Formula Karting — Prasuk Jain shares how he built India’s new-age entertainment empire.

ITC Hotels Ltd on Tuesday said it signed 14 'Fortune Hotels' and opened seven new properties under the brand in 2024-25, to further strengthen presence, especially tier II and tier III markets. The new properties are located across emerging markets and gateway destinations and will further strengthen the brand's presence, especially tier 2 and tier 3 markets in the upscale to midmarket category, the company said in a statement. As of March 31, 2025, Fortune brand had a portfolio of 78 hotels comprising 56 operational hotels across India and Nepal with 22 hotels in pipeline, it added. "As we enter this new financial year, we reaffirm our commitment to sustained growth and excellence in hospitality," ITC Hotels Ltd Managing Director Anil Chadha said. He further said, "This footprint expansion endeavours to offer travellers access to prime locations and Fortune's comfortable hospitality." In FY25, the company said Fortune saw six new hotel openings in India at Pahalgam, Puri, Chennai

"The happening place in the world is India, so international is not our focus," said Chhatwal, who revealed that he had done his internship at The Claridges back in 1982

The group aided Sarovar brand's re-entry into Kolkata after a gap of 5 years. Sarovar Portico Kolkata at Rajarhat was launched on Wednesday, a 128-key mid-market hotel

In this episode of Manager’s Mantra, we sit down with Manoj Adlakha, CEO and Founder of RedBeryl Lifestyle Services, to explore the evolving luxury service market in India.

The luxury British superyacht was carrying 22 people onboard when it was hit by a sudden tornado-like storm on early Monday in Sicily and then sank in water, reportedly trapping six people inside

Traditional management contracts and franchising agreements are among the potential collaboration models being explored

The hospitality industry is expected to clock 11-13 per cent revenue growth in 2024-25 on steady domestic demand and a rise in foreign travellers, a report said on Monday. This revenue growth will follow a likely 15-17 per cent growth in the current financial year, backed by steady domestic demand and ramp-up in foreign travellers, Crisil Ratings said in a report on Monday. The strong demand dynamics along with modest new supply will keep the operating performance of the industry healthy over the near term, the report added. According to the report, the healthy operating performance will augur well for the industry profitability where the EBITDA, or earnings before interest, taxes, depreciation, and amortization will continue the strong momentum over the current and the next fiscal. This, along with limited capital expenditure, will keep the credit profiles strong, the report noted. "The domestic travel demand, which remained a key driver this fiscal, will sustain next year as wel

Ride the wave of Q3FY24 strength, fuelled by rising average room rates and enhanced occupancy

The Radisson Hotel Group on Wednesday said it has accelerated its growth in India by signing 21 hotels under a portfolio of nine brands in 2023. These 21 hotels also include the signing and opening of the group's first property at Ayodhya, in Uttar Pradesh -- Park Inn by Radisson Ayodhya, as the destination gained a lot of national and international attention following the consecration of the Ram Temple last month, Radisson group said in a statement. In India, the Group continues to enjoy a first-mover advantage in the country's key pilgrim destinations. It will soon introduce branded hotels in Vrindavan in Uttar Pradesh and Ujjain in Madhya Pradesh, the statement added. Globally, Radisson Hotel Group added over 30,000 keys to its international portfolio. In the Indian market, Radisson Hotel Group is one of the largest international hotel operators with over 165 hotels in operation and development. It continues to be the largest hotel operator in tier I markets like Delhi NCR ...

The company's market share grew by 1.2%, biz surpassed pre-Covid levels

Born in 1929, Biki Oberoi was the executive chairman of EIH Limited, the flagship company of the Oberoi Group, from 2002 to 2022

In 2008, Oberoi was awarded the Padma Vibhushan, India's second-highest civilian honour for his contributions to the hospitality industry

Premium hotel occupancy in India is estimated to be at a decadal-high of 70-72 per cent with average room rates expected around Rs 6,000 to Rs 6,200 in FY24, ratings agency ICRA said on Wednesday. Consistent improvement in consumer sentiments despite the inflationary environment, stable corporate performance, and domestic air passenger traffic inching above pre-Covid levels augur well for travel and hotel demand, ICRA said in a statement. The ratings agency said it "estimates pan-India premium hotel occupancy at around 70-72 per cent in FY2024, after recovering to 68-70 per cent in FY2023." Pan-India premium hotel average room rates (ARRs) are expected to be at Rs 6,000 to Rs 6,200 in FY2024, it added. "While the occupancy is expected to be at decadal highs, the RevPAR (Revenue per available room) is expected to remain at a 20-25 per cent discount to the FY2008 peak," ICRA said. ICRA Ltd Vice President and Sector Head Corporate Ratings, Vinutaa S said gateway cities like Delhi an

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Room demand across business cities remained strong during the quarter, primarily driven by MICE and other business-related travel