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
Technical charts suggest that share price of ITC Hotels, Indian Hotels, Taj GVK, Lemon Tree and Chalet Hotels could see up to 20 per cent upside from here.
Nuvama said the hotel operator's Q1 growth was "driven by improving average room rates (ARRs) and occupancies across portfolio brands" despite geopolitical tensions and air travel disruptions.
Bridage Hotel IPO: The unlisted shares of Brigade Hotel were trading flat at ₹90 on Monday, which is the upper price band
Indian Hotels share rose after the company delivered a robust performance in Q1FY26, reporting a 32% Y-o-Y jump in consolidated revenue to ₹2,102 crore, compared to ₹1,596 crore in Q1FY25.
Shares of Samhi Hotels hit a 52-week high of ₹234.90, rallied 6% on the BSE in Wednesday's intra-day, trading close to its record high level of ₹237.80, touched on February 27, 2024.
Ventive Hospitality and Marriott International expand their partnership to develop six hotels in India by 2030, adding more than 1,400 rooms across key cities
Hotel chains have partnered with reputed hospitality institutes, participate in campus placement drives but to bridge the talent gap
Embassy Group's Olive introduces Open Hotels, a fully remote-run brand using AI and live video reception, with plans to scale to 130 hotels and go global by 2030
In May 2025, the country's average rates showed resilience, holding firm despite the seasonal slowdown and the heightened tensions with Pakistan
Analysts believe tourist arrival in Kashmir will take a halt for some time and domestic travelers will switch to other domestic tourist destinations in the near term.
Real estate company Pacific Group will develop a 15 lakh square shopping mall and a hotel in Jaipur to expand business amid rising demand for premium retail spaces, a top company official said. Pacific Group has nine shopping malls, comprising more than 30 lakh sq ft of retail spaces, in Delhi, Ghaziabad, Faridabad, and Dehradun. In an interview with PTI, Pacific Group Managing Director Abhishek Bansal said, "We have a portfolio of nine shopping malls and now we are expanding in Jaipur, Rajasthan." He said the company has acquired 11 acre land in Jaipur to develop a shopping mall with total area of about 15 lakh sq ft. Pacific Group will also build a hotel comprising 130 rooms, he said, adding that the hotel will be managed by some hospitality chain. Bansal said there is a huge demand for superior shopping malls and hotels in tier-II and III cities. He said the mall in Jaipur is expected to be operational by 2026-end while the hotel will open in 2027. "We have started the proces
Earlier in March, the Indian Hotels Company (IHCL), under its loyalty program, Taj InnerCircle, reached 10 million members
The hotel industry is poised to continue its strong recovery in Q4FY25, fueled by healthy traction in MICE activities, cultural events, and a strong wedding season, believe analysts at Motilal Oswal.
The new properties are expected to be launched soon after Ramadan for an undisclosed amount, according to a company release
Buoyed by the government's policy interventions for the hospitality sector and a flourishing domestic tourism industry, ITC Hotels has strong growth enablers in place.
Earlier in the day, the Indian Hotels share rose as much as 2.60 per cent to hit an intraday high of Rs 835 per share
Eco Hotels and Resorts Ltd on Thursday said it has expanded into the Bengaluru market by opening a 60-room property and looks to make operational two new hotels in Kota and Nagpur by early next month. The mid-segment hotel chain in a statement said that it has achieved a major milestone and will be entering Bengaluru, the Silicon Valley city of India, with a 60-room property under the 'EcoExpress' brand. Eco Hotels is also gearing up to open two properties at Nagpur with 44 rooms and Kota with 63 rooms by the month-end or early February 2025, it said. The sustainable hospitality services provider said Baroda and Aurangabad hotels are undergoing interiors and will become operational soon. Through our expansion into fast-growing markets like Mysore, Nagpur, and Shirdi, we are strengthening our footprint as well as catering to the travel requirements of environmentally conscious hospitality, Vinod K Tripathi, Executive Chairman of Eco Hotels and Resorts said. The new openings align .
Even as hotel shares fell up to 5% on Monday; technical charts hint up to 15% upside potential for Mahindra Holidays, TAJ GVK, Apollo Sindoori, ITDC, EIH, Oriental Hotels and Advani Hotels.
Branded hotels in the country are likely to see double-digit revenue growth of 13-14 per cent in 2024-25, and 11-12 per cent in the next financial year on demand surge, a report said on Thursday. While domestic leisure and business travel will continue to be the primary demand drivers, growing traction in the MICE (meetings, incentives, conventions and exhibitions) segment and pickup in foreign tourist arrivals will provide additional fillip, Crisil Ratings said in a report. The branded hotels segment registered a strong 17 per cent growth last fiscal, it added. To meet the increasing demand, the pace of room additions, which has increased since last fiscal, is expected to pick up further and majorly through the asset-light management contract route, it said. As a result, supply will increase by 20 per cent over this fiscal and the next, it added. Operating margin is expected to improve by 100-150 basis points (bps) this fiscal and sustain at similar levels in the next, it ...