Indian Hotels

Demand woes may pull hotel occupancies down amid West Asia crisis

Analysts expect room rates to improve in the upcoming quarters as the impact of the West Asia crisis may normalise

Luxury hotels seeing strong demand from domestic travellers this summer

Leading luxury hospitality players such as ITC Hotels and Radisson Hotel Group are reporting robust demand for domestic leisure travel this summer as affluent Indians increasingly choose destinations closer to home amid geopolitical tensions in West Asia. While outbound travel continues to remain an important aspiration for wealthy Indian travellers, factors like convenience, predictability and the expanding range of premium domestic experiences are encouraging more travellers to spend their summer holidays within India, top hospitality executives told PTI. "While affluent Indian travellers continue to maintain strong long-term interest in international travel, near-term geopolitical uncertainty, airline disruptions and elevated travel costs have encouraged many consumers to increasingly explore premium domestic alternatives," The Leela Palaces, Hotels and Resorts CEO Anuraag Bhatnagar said. At ITC Hotels, booking trends are running ahead of last year in several leisure markets. "T

Hospitality chains upbeat about PM Modi's call for domestic travel

Hotel chains and industry bodies expect stronger domestic tourism demand after PM Modi urged citizens to avoid non-essential foreign travel

PM's call for cut in forex spend great for hospitality sector: IHCL MD, CEO

IHCL to spend Rs 1,200 crore capex in FY27

IHCL completes acquisition of 51% stake in Brij Hospitality for ₹222 cr

Tata Group-backed Indian Hotels Company, along with its subsidiaries, has completed the acquisition of a 51 per cent stake in Brij Hospitality for a total investment of approximately Rs 222 crore, according to a regulatory filing. Consequent to the acquisition, Brij has become a subsidiary of Indian Hotels Company Limited (IHCL). In January, the country's largest hospitality player IHCL said it had entered into share subscription and share purchase agreements to acquire around 51 per cent shareholding in Brij Hospitality Private Limited. "IHCL, along with its step-down subsidiaries, namely ANK Hotels Private Limited and Pride Hospitality Private Limited, has completed the acquisition of 51 per cent of the share capital in Brij Hospitality Private Limited (Brij), for a total investment of up to Rs 222 crore," the filing said on late Tuesday evening. The acquisition comprises the purchase from existing shareholders of Brij, as well as primary investment in it through a combination of

Motilal Oswal sector of the week: Travel & Hospitality; check top bets here

From a structural standpoint, the Indian hospitality sector continues to benefit from favourable demand-supply dynamics and sustained growth in domestic travel

Listed hotel companies may add 70,000 keys to sector by FY30: CBRE

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

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

Strong domestic demands defy global headwinds: ICICI Sec on hotel sector

ICICI Securities has maintained 'Buy' ratings on major listed players - Indian Hotels, ITC Hotels, Leela Palaces Hotels & Resorts, Lemon Tree Hotels, and Chalet Hotels

Lemon Tree Hotels books long-term stay in West Asia despite conflict

Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand

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

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

Hotels likely to wait before unlocking West Asia biz expansion door

Indian hotel companies exploring growth opportunities in West Asia are adopting a wait-and-watch stance as the sudden conflict in the region injects uncertainty into long-term expansion plans

Indian Hotels slips 4% despite strong Q3 show; brokerages stay bullish

Indian Hotels Company reported a net profit of ₹954.2 crore, up 50.2 per cent compared to ₹635.2 crore in the year-ago period

Indian Hotels may raise 2030 targets amid strong quarterly revenue growth

Ginger brand set to contribute 10% of consolidated revenue with 250 hotels by FY27, becoming IHCL's third-largest brand by revenue share

Why hospitality needs policy reforms to achieve India’s tourism goals

In this session of Guru gyaan, M P Bezbaruah provided his rich insights on the Indian tourism sector that includes the current situation, reforms and other aspects.

Oberoi Realty JV partners with Aman Group for luxury Worli development

Oberoi Realty's JV I-Ven Realty has signed agreements with Swiss hospitality firm Aman to develop a luxury hotel and branded residences project in Mumbai's Worli

₹30 lakh a night: Luxury hotel rates soar as Delhi awaits global AI elite

Around 35,000 delegates from across the world are likely to attend India AI Impact Summit on February 19-20