06 Mar 2026

Mahindra Holidays & Resorts India (MHRIL) has signed a 110-key resort in Dapoli near Murud Beach, marking a further expansion of its presence along Maharashtra's coastline. The first phase of 52 keys is scheduled for launch in Q1 FY27, with the remaining inventory set to open in Q2 FY27. The addition forms part of the company's FY26-FY30 growth roadmap, under which it plans to exceed 10,000 keys under the Club Mahindra brand and scale its overall portfolio to 12,000 keys. The move reflects MHRIL's strategy of strengthening inventory in high-demand leisure destinations, catering to India's expanding base of holidaying families and growing domestic travel demand.Read more

05 Mar 2026

Indian airlines have launched more than 12 special flights to Saudi Arabia and the UAE to bring back passengers stranded due to the ongoing Middle East conflict. Carriers including IndiGo, Air India, Air India Express and SpiceJet operated repatriation services and additional flights to key cities such as Jeddah, Dubai, Muscat and Fujairah. Gulf airlines Emirates and Etihad also ran limited relief operations while suspending regular services. Over 250 flights were cancelled at major Indian airports, reflecting the scale of disruption caused by regional airspace closures.Read more

05 Mar 2026

Escalating geopolitical tensions following the US-Israel strikes on Iran have severely disrupted aviation activities across West Asia, prompting Indian airlines to suspend operations to the region and cancel more than 170 flights from India, aviation sources said. The disruptions have affected one of the busiest international air corridors linking India with the Gulf and beyond, stranding thousands of passengers and placing Indian airports on high operational alert. Carriers including IndiGo, Air India, Air India Express, Akasa Air and SpiceJet have adjusted or cancelled services as airspace closures and security advisories expand across Persian Gulf air routes. The Ministry of Civil Aviation and the Directorate General of Civil Aviation (DGCA) have advised close monitoring of Notices to Air Missions (NOTAMs) and risk assessments before operating flights through high-risk zones, while international carriers and passengers await further developments as the situation evolves.Read more

05 Mar 2026

Delhi's Indira Gandhi International Airport faced significant operational challenges this week, with 87 international flights cancelled amid escalating tensions in the Middle East. Indian carriers had already cancelled about 760 overseas flights over the previous two days due to airspace closures caused by the conflict. IGIA, the country's largest airport handling more than 1,300 flights daily, reported that westbound international flights were particularly affected. The airport management advised passengers to stay updated on schedules. The cancellations highlight how geopolitical conflicts can directly impact international travel and airline operations.Read more

04 Mar 2026

The US and Israel's strikes on Iran earlier this week disrupted global air travel, forcing the closure of major Middle Eastern airports in Dubai, Doha, and Abu Dhabi. Airlines including Aegean, Air France-KLM, Air India, British Airways, Emirates, Etihad, Finnair, IndiGo, ITA Airways, Cathay Pacific, Lufthansa, Malaysia Airlines, Singapore Airlines, Qatar Airways, Turkish Airlines, and Wizz Air suspended or cancelled flights across the region, affecting tens of thousands of passengers. Flights to Israel, the UAE, Saudi Arabia, Qatar, and surrounding countries faced widespread disruption, with some cancellations extending into mid-March as airlines navigated airspace closures and safety concerns.Read more

04 Mar 2026

Indian Hotels Company Limited (IHCL) has announced the opening of Gateway Dehradun, a 100-key property that marks the debut of its Gateway brand in the capital city of Uttarakhand. The launch expands IHCL's presence in northern India and reflects the company's strategy of aligning its mid-scale and upscale brands with emerging leisure and business destinations. Dehradun has seen rising traction as a mixed-use urban centre, supported by tourism inflows, improving connectivity and its role as a gateway to key hill destinations. IHCL said the new hotel strengthens the Gateway brand's footprint while responding to the city's evolving hospitality demand. The development also underlines the company's broader portfolio expansion across state capitals and high-potential regional markets, as domestic travel, corporate movement and destination-led hospitality continue to gain momentum.Read more

04 Mar 2026

Shares of Clean Max Enviro Energy Solutions made a weak stock market debut, falling 18% below their issue price amid poor retail participation. The company, backed by Brookfield, listed below expectations despite raising around USD 341 million in what was the largest IPO in India this year. Retail subscription stood at just 6%, reflecting cautious investor sentiment. Analysts attributed the soft listing to high valuations and weak secondary market conditions. The broader market was also under pressure, with the Nifty 50 declining as global tensions weighed on risk appetite.Read more

02 Mar 2026

Hyatt Hotels is targeting a fivefold expansion in India over the next five years, driven by growing domestic travel and higher consumer spending. Currently operating 55 hotels in key cities like New Delhi, Mumbai, and Bengaluru, the company had earlier aimed for 100 properties by 2030. India's hospitality market, expected to nearly double by 2031, attracts other global chains such as Hilton and Leela Hotels. Industry leaders see the country as a long-term investment opportunity, supported by urbanisation, rising travel demand, and a shortage of luxury accommodations.Read more

02 Mar 2026

Uber has pumped almost INR 3,000 crore into its Indian subsidiary, Uber India Systems Pvt Ltd, in a bid to strengthen its position amid rising competition from homegrown rival Rapido and other players in the country's ride-hailing market. Parent company Uber B.V. invested the funds in two tranches about INR 200 crore in November and roughly INR 2,721 crore in January according to corporate filings. The capital boost comes as Uber's India operations face slowing revenue growth and widening losses, while Rapido has been rapidly expanding market share since entering the cab segment in late 2023. Industry estimates suggest Uber's share of the four-wheeler segment has remained around 45 per cent, but overall ride volume has shifted in favour of Rapido, particularly in two- and three-wheeler services, intensifying the battle for commuters and drivers alike.Read more

02 Mar 2026

Global hospitality major Hilton has announced the signing of Waldorf Astoria Goa, bringing one of the world's most established luxury hotel brands to India's western coastline for the first time. Scheduled to open in 2030, the 148-room resort will be developed by West Coast Hotels Pvt. Ltd, a joint venture between the VS Dempo Group and Triton Hotels & Resorts Private Ltd. Hilton said the signing aligns with its broader Asia Pacific growth strategy, under which the company plans to expand its luxury and lifestyle portfolio significantly over the coming years. The Goa project reflects sustained investor interest in high-end hospitality assets in established leisure destinations, supported by long-term tourism demand and premium positioning.Read more