Catch spices maker DS Group will invest ₹400 crore in a 200-room W Hotel in Delhi Aerocity and plans to add up to 12 hotels by FY29 with investments of around ₹1,000 crore
Indian conglomerate Dharampal Satyapal Group (DS Group), known for brands including Rajnigandha and Catch, is increasing its investment in the hospitality sector to Rs 1,500 crore as its initial target to double room count will be achieved ahead of schedule, according to Vice-Chairman Rajiv Kumar. Dharampal Satyapal Group (DS Group), which on Wednesday announced a new hospitality project in partnership with Marriott International under the 'W Hotels' luxury brand near the Indira Gandhi International Airport here in the Capital, is also scouting for brownfield acquisitions and also looking to expand in North East India, Kumar told PTI in an interview. "Last year, we said by 2029 we will invest Rs 1,000 crore and make our (room) inventory from 1,000 to 2,000. Maybe, we (will) do it before time," he said, sharing how the group's expansion in the sector has progressed. He further said, "If we complete our target in 2028, then we have to expand further to 2029 because 2029 we (DS Group)
Luxury homes and education campuses to come up as new local growth avenues
Indian corporations are poised to become large brand owners in the US, shifting American consumers' perception about India's soft power well beyond Bollywood and IT, founder and CEO of Oyo-parent firm PRISM Ritesh Agarwal said, stressing the importance of technology, as he underlined that "India's time is now". Agarwal noted that India is the second biggest office for 'FAANG' - an acronym for five of the most prominent US technology companies: Facebook (Meta), Amazon, Apple, Netflix, and Google. Agarwal highlighted that his company has "very aggressively" expanded its international footprint and now makes the most amount of sales globally in the United States. "We are also the single largest economy hotel brand owner here in the US, with the acquisition of Motel Six," he said. In 2024, OYO completed its USD 525 million acquisition of G6 Hospitality, the parent company of the US hospitality brand Motel 6, the largest owned-and-operated hotel chain in North America. "I feel we are go
Mumbai-Ahmedabad airfares have risen to ₹13,000-15,000 from the usual ₹3,000-5,000
Odisha plans a ₹1,500-crore tourism land bank to fast-track hotel and resort projects across major travel destinations in the state
Second at Dharamshala stadium in the works
Hotel chains and industry bodies expect stronger domestic tourism demand after PM Modi urged citizens to avoid non-essential foreign travel
IHCL to spend Rs 1,200 crore capex in FY27
Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development
Radisson Hotel Group expects to scale up its India portfolio to 157-160 operational hotels and 19,000-19,500 keys by December 2026, driven by a steady pipeline and continued expansion across markets, a top company executive said. Nikhil Sharma, Managing Director and Chief Operating Officer, South Asia, told PTI that the Group remains "very much on track" to achieve its target of 500 hotels in India by 2030. "We are at 17,000 keys in operation currently. With 18 more hotels set to open this year, we are adding between 2,000 and 2,500 keys," Sharma said. The global hospitality chain operates 142 hotels in India and has 84 more under development, reflecting a strong pipeline towards medium-term visibility. On the demand environment, Sharma pointed to a mixed impact from the ongoing West Asia crisis, particularly across key urban markets in the country. "We saw a slowdown in some metro cities, but tier-2 and tier-3 cities did not witness a large slowdown," he said. However, March saw
The LaLiT's Blueprint for Homegrown Talent
Hospitality chain plans balanced asset mix and Rs 600 crore expansion over five years, with focus on scaling midscale brand Lilac amid strong demand in the segment
Deal aims to build a unified hospitality advisory platform across Asia Pacific, combining Hotelivate's sector expertise with Savills' global real estate capabilities
In this session, Pranav Dangi, Founder & CEO of Hosteller, shares his thoughts on the evolving travel and tourism space and provides career tips
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
Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand
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
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
The chain is progressing towards the 100-hotel milestone in the country, with over 50 hotels in the pipeline across various stages of development