Hospitality Industry

Radisson aims 160 hotels, 19,500 keys in India by 2026-end: South Asia MD

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

Radisson partners Vihang for two hotel projects in MMR with ₹200 cr outlay

Two hotel projects in Thane and Mira Bhayandar to be developed with Rs 180-200 crore investment, targeting completion within three to four years

InterGlobe Hotels charts growth path on back of surging demand: JB Singh

InterGlobe Hotels bets on India's travel boom, flags hotel room shortage, plans expansion to 300 properties amid rising domestic demand

Hilton, Olive sign India's first 10 Spark hotels; two to open this year

Partnership targets India's growing mid-market hospitality segment, with plans to open two Spark by Hilton hotels this year across key business and leisure hubs

West Asia conflict hits Rajasthan tourism, bookings plunge sharply

In just 15 days of the new financial year, bookings by foreign tourists in hotels have plummeted by 70 to 80 percent

Sarovar Hotels taps branded residences, aims over 400 hotels in 5 years

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

Hilton to open 125 Hampton hotels across India under franchise deal

Hilton signs franchise agreement with Royal Orchid Hotels to launch 125 Hampton hotels across India, strengthening its presence in the midscale hospitality segment

IPO-bound Pride Hotels eyes premiumisation amid strong travel demand

Pride Hotels plans expansion across metros and pilgrimage hubs, eyes IPO launch as domestic travel demand surges and new luxury brand Pride Lux is introduced

Datanomics: Restaurants, kiosks face fuel price heat amid West Asia war

Rising LPG prices push kiosks and restaurants to selectively hike prices, with smaller players facing sharper pressure amid West Asia fuel disruptions

Valuations, expansion plans may drive gains for hotel majors despite risks

Hotel stocks may rebound as valuations correct and expansion plans support growth, despite near-term pressure from weak demand, geopolitical tensions and cancellations

Kerten Hospitality forays into India, eyes 1,000 keys in expansion push

Kerten Hospitality enters India with plans for 1,000 keys, tying up with 3CF Advisors and working with asset owners to expand its lifestyle hotel brands

K Raheja Group, IHG Hotels to open ₹1,800 cr hospitality project in Mumbai

The project in Powai will include a dual-hotel complex, convention centre, and event spaces, aimed at boosting Mumbai's position as a key destination for business, tourism and MICE activities

Thomas Cook India announces demerger of resorts business into Sterling

Move aims to unlock shareholder value, streamline capital structure and enable separate listing of Sterling Holiday Resorts on stock exchanges

Serving, still: Restaurants turn to coal, wood amid LPG supply crisis

Many go back to coal and wood, while some give offers in return for cylinders

Hyatt appoints Vikas Chawla as president for India, Southwest Asia

Former Compass Group India head will lead strategy and expansion as Hyatt targets 100 hotels in India, its fastest-growing market, over the next five years

Odisha hotels, restaurants warn of shutdowns amid LPG supply crunch

Hotel and restaurant owners in Odisha warn they may shut establishments as disruptions in commercial LPG cylinder supply threaten operations, employment and tourism in the state

War disruption: When airlines, hotels must refund cancelled bookings

If airlines cancel flights due to war or airspace closure, passengers can seek full refunds. But if travellers cancel voluntarily, contractual rules apply and insurance may not cover war

India is the hottest market in Asia: Hilton APAC President Alan Watts

Hilton announces third Waldorf Astoria - its topmost luxury brand - to come up in Goa in 2030

India plays central role in our international strategy: Wyndham Hotels

The chain is progressing towards the 100-hotel milestone in the country, with over 50 hotels in the pipeline across various stages of development

SAMHI Hotels shares advance 4% on Marriott pact, Whitefield expansion nod

SAMHI Hotels reported a 573.08 per cent Y-o-Y rise in net profit to ₹1.75 crore for the quarter ended December 2025, compared with ₹0.26 crore in the corresponding quarter last year