Realty firm Omaxe on Monday said it will invest Rs 6,200 crore over the next five years to develop 19 hotels across five states as part of its expansion plan. In a regulatory filing, the company announced its dedicated hospitality business vertical. The company "plans to develop 19 hotels spread over nearly 5 million sq ft across five states in the next 4-5 years," it said. The company proposes to invest about Rs 6,200 crore over the next 4-5 years, the filing said. Omaxe will rope in hospitality chains to manage these hotels. These hospitality projects will be constructed across high-growth urban centres, pilgrimage destinations, and transit corridors. These hotels will be integrated with Omaxe's existing ecosystem of townships, mixed-use developments, commercial destinations and urban infrastructure projects. Of the 19 hotels, 12 will be developed in Uttar Pradesh, including two each in Ayodhya and Vrindavan, and three in Lucknow. Among the key projects, Omaxe will develop a
IHG Hotels aims to double its India footprint to 400 hotels by 2030 and is open to acquiring assets as demand and branded hospitality growth accelerates
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)
Hotel investments in India surged 67 per cent to $567 million last year, according to JLL, while demand is forecast to rise about 11 per cent annually over the next several years, outpacing supply
In November 2025, Advent Hotels International was listed on the BSE and NSE following its demerger from Valor Estate
Travel platform ixigo will acquire a 54.66 per cent stake in Brevistay for Rs 65.69 crore, expanding its hotel network and strengthening its accommodation business
India's hospitality sector is set for long-term expansion as strong domestic tourism, rising incomes and premiumisation trends drive hotel chains to add over 70,000 keys by 2030
Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand
Aviation, hospitality, travel, e-comm, q-com, logistics prepare for dent to bottomlines; IT services insulated for now
Hotel and restaurant operations in the city are likely to be affected starting March 10, following a sudden and total halt in the supply of commercial gas cylinders, the Bangalore Hotels Association said on Monday. This development comes amid rising energy costs and supply constraints caused by the West Asia conflict. "Since the gas supply has stopped, the hotels will be closed from tomorrow," the association said in a release. Noting that the supply of commercial gas cylinders stopped today, it said, since the hotel industry is an essential service, common people, students, and medical professionals, who rely on the hotels for daily meals, will be affected. "In addition, our hotel industry will also face difficulties until the gas supply returns to normal," it added. The association said oil companies had guaranteed an uninterrupted gas supply for 70 days, making the sudden stoppage a "big blow" to the hotel industry. "Therefore, we expect the concerned Union Ministers to take .
Global hotel chains are racing to expand in India, riding a post-pandemic rebound in leisure travel among wealthier consumers
Hilton announces third Waldorf Astoria - its topmost luxury brand - to come up in Goa in 2030
Travel tech platform EaseMyTrip on Monday said it plans to raise up to Rs 500 crore in capital to support expansion across high-potential segments, particularly in hotels and holidays. The Board has approved, in principle, a proposal to raise funds through the issuance of equity shares and/or other eligible securities, subject to requisite approvals, EaseMyTrip stated. The fundraising may be undertaken in one or more tranches through permissible modes under applicable law, including rights issue, qualified institutions placement (QIP), preferential issue, private placement or other approved methods, subject to regulatory and shareholder approvals. Detailed terms including size, structure and timing will be determined at an appropriate stage in accordance with applicable regulations and market conditions, EaseMyTrip stated. The proposed capital raise is intended to support EaseMyTrip's expansion across high-potential segments, particularly in hotels and holidays, while also enabling
NASDAQ-listed travel booking platform MakeMyTrip on Monday announced a strategic partnership with Minor Hotels, a global hospitality group that operates more than 560 properties worldwide. The collaboration expands international stay options for Indian travellers across city hotels and resort destinations in Europe, Asia, and the Middle East when booked through the platform. It is part of MakeMyTrip's broader strategy to expand its direct international hotel inventory. Minor Hotels portfolio, including Anantara Hotels & Resorts, Elewana Collection, The Wolseley Hotels, Tivoli Hotels & Resorts, Minor Reserve Collection, NH Collection Hotels & Resorts, nhow Hotels & Resorts, Avani Hotels & Resorts, Colbert Collection, NH Hotels & Resorts, Oaks Hotels, Resorts & Suites and iStay Hotels. Currently, 60 Minor Hotels properties are live on the MakeMyTrip platform, with the listing expected to scale rapidly across Minor Hotels' wider global portfolio. Rajesh Magow,
Nomura maintains 'Buy' rating for the Indian Hotel Company and a target price of ₹830, which implies an upside potential of 20.64 per cent from Wednesday's close price
The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants for mandatory levying of service charges in violation of the law. These restaurants have been fined up to Rs 50,000, and were asked to refund the service charge amount to customers and also modify their billing system, as the mandatory levy of service charge has been declared as an unfair trade practice. The CCPA took action based on consumer complaints on the government helpline number. According to an official statement by the Department of Consumer Affairs, the CCPA has taken "suo motu cognizance against 27 restaurants located across the country for violation of consumer rights and adoption of unfair trade practices under Section 2(47) of the Consumer Protection Act, 2019, relating to the mandatory levy of service charge". Investigations revealed that several restaurants, including Caf Blue Bottle, Patna, and China Gate Restaurant Pvt Ltd (Bora Bora), Mumbai, wer
Bird group, Chalet, Samhi, Lemon Tree see opportunity close to Jewar, Navi Mumbai airports
Hotels near metros are seeing a sharp late surge in New Year's Eve bookings and higher rates, while restaurants and delivery firms face disruptions amid a gig workers' strike
As throngs of tourist groups crowd popular destinations like Goa, Jaipur and Shimla, travel operators are racing to invest in untouched corners of the country
Radisson Hotel Group has promoted Vikram Berry and Faisal Nafees to senior operational leadership roles, reinforcing its expansion and performance focus across South Asia