24 Apr 2026

Radisson Hotel Group plans to expand its India portfolio to 500 hotels by 2030, which is expected to generate between 65,000 and 80,000 jobs. The company currently operates over 200 properties and intends to drive growth primarily through upscale formats across tier I to IV cities, along with resorts and spiritual destinations. Around 55 per cent of upcoming projects will be in metro markets. The group is also focusing on skill development through institutional partnerships. While global geopolitical tensions have affected occupancy in certain regions, the India pipeline remains unchanged.Read more

24 Apr 2026

KEM Hospital in Parel is reviewing a proposal to construct a 42-storey tower with a helipad to address increasing patient pressure. The plan, revisited during a recent inspection by civic chief Ashwini Bhide, remains at an early stage due to heritage restrictions. The hospital’s Grade II-A status limits structural changes, making approvals complex. The move is part of ongoing efforts by the civic body to expand capacity at one of Mumbai’s busiest public hospitals, which continues to handle a high number of patients from across the state.Read more

24 Apr 2026

Indian Hotels Company Limited, part of the Tata Group, has completed the acquisition of a 51% stake in Brij Hospitality Private Limited for an investment of up to INR 222 crore. The transaction, executed through its subsidiaries, includes both share purchase and fresh capital infusion. With Brij now becoming a subsidiary, IHCL is expanding its presence in India’s growing boutique and experiential hospitality segment, aligned with rising demand for heritage-led and curated travel experiences.Read more

23 Apr 2026

Ventive Hospitality, promoted by Panchshil Realty and backed by Blackstone, is expanding its Maldives-led hotel portfolio into new international and regional markets. The company currently operates multiple luxury and upscale hospitality assets in the Maldives, which remain a key revenue contributor. It is now working on diversifying its presence by exploring additional tourism destinations while continuing its focus on premium leisure hospitality. The strategy also includes strengthening partnerships with global hotel brands and scaling its broader hotel pipeline across India and overseas markets for balanced long-term growth.Read more

22 Apr 2026

Qatar Airways has expanded its global network to over 150 destinations under a revised summer schedule aimed at handling peak travel demand. The plan includes new routes and increased frequencies through its Doha hub, improving connectivity across regions. The airline has also introduced flexible travel options, allowing passengers to change dates without fees or opt for refunds under certain conditions. This move follows a steady restoration of routes over the past year and reflects efforts to strengthen operations while maintaining reliability during the high-traffic summer period.Read more

22 Apr 2026

Jindal Stainless Ltd has entered the retail segment with the launch of its stainless steel rebar brand Jindal Infinity, extending its presence into the construction value chain. The move shifts the company from a traditional B2B model to directly serving consumers, builders, and fabricators. The product is designed to offer higher corrosion resistance and durability in challenging environments. The company highlighted the expansion of its distributor network and rising demand for high-performance materials. It also noted its FY25 turnover of INR 40,182 crore and capacity expansion plans to 4.2 million tonnes by FY27, along with global operations.Read more

21 Apr 2026

Construction costs for shopping malls in India have increased by 13.9% over the past two years, driven by higher spending on design, infrastructure and building systems. Developers are investing more in advanced fades, multi-level basements and upgraded mechanical, electrical and plumbing (MEP) systems to meet evolving consumer expectations. The rise has made mall development more capital-intensive, even as demand for organised retail space remains strong. The trend reflects a shift towards experience-led retail formats, requiring higher upfront investment. Developers are now recalibrating project economics amid rising costs, which may influence leasing strategies and timelines for new mall supply.Read more

21 Apr 2026

Indian Hotels Company (IHCL) has signed a 70-key greenfield Gateway hotel in Dirang, Arunachal Pradesh, as part of its expansion into emerging leisure destinations. The development reflects rising tourism demand in the region, supported by improved accessibility and natural landscape appeal. With this addition, IHCL's portfolio in the North East will increase to 21 hotels, including 12 under development. The project is being developed in partnership with a local stakeholder and aligns with the company's strategy of entering underpenetrated markets. The move highlights growing hospitality interest in smaller destinations driven by leisure and experiential travel demand across India.Read more

21 Apr 2026

The Hosteller, a backpacker hostel chain based in Mumbai, has secured INR 150 crore in a Series B funding round led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth Opportunities Fund, Merisis Wealth Trust and several family offices. The capital infusion is intended to support the company's expansion across key travel destinations in India, alongside investments in operational efficiency and brand development. The company has outlined plans to scale its inventory to 25,000 beds over the next 36 months while advancing its position in the organised budget hospitality segment. It is also preparing to introduce a travel-focused super app integrating accommodation, food and beverage services, mobility, and curated travel experiences into a single digital platform.Read more

21 Apr 2026

Govind Kripa Infratech Private Limited, a subsidiary of Globe International Carriers, has entered the hospitality sector through a memorandum of understanding with OPO Hotels & Resorts to develop and operate an upscale hotel in Mahindra World City SEZ, Jaipur. The proposed property will comprise around 56 rooms and target business and long-stay travellers. Located along the Jaipur Ajmer corridor with proximity to the airport, the hotel is positioned to cater to industrial and corporate demand in the region. The arrangement is structured as a management partnership, with OPO Hotels responsible for operations. The move reflects the company's diversification into hospitality assets amid rising demand for organised accommodation in industrial hubs.Read more