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
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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.
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Mumbai-based Advent Hotels International is set to list on the BSE and NSE on November 13 and plans to expand in metro cities through upper upscale and luxury hotels
India's 45 lakh weddings, festive travel, and corporate events are set to drive record hotel rates and occupancies, capping another strong year for the hospitality industry
Hotel industry sustains growth momentum in September 2025 as room rates and occupancy rise despite a traditionally slow quarter; Bengaluru and Hyderabad emerge top performers
Royal Orchids share price rose after the company announced the signing of its latest property at Ambala, a city in Haryana bordering Punjab.
For the first six months of 2025, Hilton Hotels has recorded a double-digit growth in its revenue per available room (RevPAR) on a year-on-year (Y-o-Y) basis