22 May 2026

Indian Hotels Company Limited has announced the signing of a 55-key brownfield Tree of Life resort in Wayanad, Kerala, expanding its presence in the state’s growing leisure hospitality market. The project marks the entry of the Tree of Life brand into Kerala and is being developed in partnership with Saeed Edavankandy. IHCL said the move aligns with its strategy to strengthen its footprint in high-potential tourism destinations across India. With this addition, IHCL’s portfolio in Kerala will increase to 23 hotels, including five properties that are currently under development.Read more

21 May 2026

The National Company Law Tribunal’s Amaravati Bench has approved the resolution plan submitted by Capri Global Holdings Pvt Ltd for SevenHills Healthcare Pvt Ltd under the Insolvency and Bankruptcy Code (IBC). The plan, backed by Reliance Strategic Business Ventures Ltd as equity support provider, relates to the resolution of the Mumbai hospital asset of SevenHills Healthcare. The insolvency proceedings, initiated in 2018 following a petition by Axis Bank, became one of India’s longest-running healthcare insolvency cases due to multiple legal disputes involving lenders, the Municipal Corporation of Greater Mumbai (MCGM) and ownership rights over the hospital land. The approval marks the conclusion of a category-wise resolution process undertaken for the company’s healthcare assets in Mumbai and Visakhapatnam.Read more

20 May 2026

• Indian Hotels Company (IHCL) has signed a 105-key brownfield gateway resort project in Bharatpur, Rajasthan.
• The company said Bharatpur is witnessing rising demand for experiential tourism, destination weddings and MICE activities due to its strategic location and bird sanctuary.
• With the new signing, IHCL’s Rajasthan portfolio will increase to 67 hotels, including 24 under development.
• Separately, Hilton has signed a 96-key Hilton Garden Inn hotel in Kompally, Hyderabad, which is expected to open in 2028.
• Hilton said it plans to significantly expand its India portfolio in the coming years, targeting both major gateway cities and emerging business destinations.Read more

20 May 2026

Investment activity in India’s hotel sector continued to remain strong during the first quarter of 2026, supported by growing investor confidence and rising demand for hospitality assets. According to a recent report by JLL, hotel investments rose 58 per cent year-on-year to nearly USD 185 million during the January-March period. The report highlighted increasing participation from institutional investors, private equity firms, hotel companies and high net-worth individuals. Large transactions, expansion plans by organised hotel operators and new development opportunities around airports and commercial hubs are also contributing to sustained investment momentum across both metro and emerging cities.Read more

20 May 2026

• ITC Hotels reported a 23.1% year-on-year rise in consolidated net profit to INR 317.43 crore for the quarter ended March 2026.
• Revenue from operations increased to INR 1,253.70 crore during the January–March period, while total expenses also rose to INR 895.35 crore.
• The company has signed an agreement to acquire 100% stake in Zuri Hotels and Resorts for an enterprise value of INR 205 crore on a cash-free, debt-free basis.
• The acquisition includes ‘The Zuri Kumarakom, Kerala Resort & Spa’, a 72-key luxury resort spread across 18 acres in Kerala, which will undergo renovation and rebranding.
• During FY26, ITC Hotels signed 33 hotels with over 3,300 keys and reiterated its target of operating 250 hotels with more than 22,000 keys by 2031 under its asset-right expansion strategy.Read more

19 May 2026

• Ventive Hospitality has filed a DRHP with SEBI for an IPO comprising a fresh issue of up to INR 20,000 million.
• The company operates 11 hospitality assets with 2,036 keys across Pune, Bengaluru and the Maldives.
• Its portfolio includes hotels such as JW Marriott Pune, The Ritz-Carlton Pune and Conrad Maldives.
• Ventive Hospitality also owns four Grade A annuity office assets in Pune spanning 3.40 million sq ft.Read more

19 May 2026

Adani Airport Holdings has entered into a partnership with IHG Hotels & Resorts to develop five hotels across Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region. The proposed developments will add nearly 1,500 hotel keys under multiple brands, including the India debut of IHG’s luxury lifestyle brand Kimpton Hotels & Restaurants. The projects will be part of airport-linked mixed-use developments being planned by Adani Airport Holdings. The move comes amid rising travel demand and growing investments in airport-led urban infrastructure and hospitality projects across India.Read more

18 May 2026

Adani Airport Holdings Ltd (AAHL) has partnered with IHG Hotels & Resorts to develop five hotels across major airport-linked and urban growth destinations, including Mumbai, Navi Mumbai, Ahmedabad, Jaipur, Mangaluru and Thiruvananthapuram. The agreement will add nearly 1,500 hotel keys across multiple brands and also mark the India debut of IHG’s luxury lifestyle brand, Kimpton Hotels & Restaurants. The move comes as airport-led developments continue to gain traction amid rising domestic travel, tourism and business movement. AAHL said the partnership aligns with its larger strategy of building integrated airport cities combining hospitality, retail and commercial infrastructure.Read more

17 May 2026

Nexus Seawoods has launched ‘Panda World’, a themed indoor entertainment attraction aimed at families and children during the summer holiday period in Navi Mumbai. The experiential installation, which opened on May 9, features an oriental-inspired panda-themed environment with interactive gaming areas, activity zones, rides and performance spaces within the mall premises. The ticketed attraction is priced from INR 499 onwards and includes arcade zones, AR-based photo experiences, children’s workshops and themed installations. The initiative reflects the continued focus of organised retail destinations on experiential programming to increase visitor engagement and footfall during seasonal periods. Located in Navi Mumbai, Nexus Seawoods has been expanding family-oriented entertainment and event-based attractions as malls increasingly position themselves as mixed-use lifestyle destinations beyond conventional retail formats.Read more

17 May 2026

HTL International is expanding its India operations with plans to double its retail footprint over the next two years as the upholstered furniture manufacturer targets 35% growth in 2026 across its brands Domicil, Fabbrica and Corium. The company currently operates one flagship outlet and 33 shop-in-shops in the country and intends to strengthen its presence in Tier 2 cities alongside new flagship stores in metropolitan markets. HTL stated that the strategy is being driven by rising demand for organised furniture retail, growing premium housing consumption and increasing discretionary spending on interiors in smaller cities. The company also expanded its Chennai manufacturing facility from 2.5 lakh sq ft to 3.5 lakh sq ft to support both domestic and export demand, reinforcing India’s role within its global supply chain.Read more