06 Jun 2025

IHG Hotels & Resorts has signed a management agreement with Kevit Retreats for the development of a 150-key Holiday Inn Express & Suites in Pithampur, Madhya Pradesh. Announced earlier this week, the property is expected to open in the first quarter of 2028. This move reflects IHG's ongoing strategy to penetrate emerging industrial locations with globally recognised hospitality offerings. Positioned as a rising industrial centre, Pithampur is especially known for its automotive and pharmaceutical sectors, making it a strategic location for hospitality expansion. IHG currently operates 50 hotels in India and is planning to add 63 more in the next three to five years.Read more

05 Jun 2025

The Himachal Pradesh government has rolled out an ambitious eco-tourism initiative under its newly framed Eco Tourism Policy 2024, aiming to develop 77 eco-tourism sites across multiple forest circles within the next five years. The policy seeks to strike a balance between nature preservation and tourism, while boosting local employment and sustainable economic growth. Initial developments are already underway at selected sites in Shimla and Kullu, with activities like trekking, forest camping, and bird watching being promoted. Local youth are also being trained as guides and workers, and digital tools such as a trekking management system and an upcoming mobile app are being introduced to assist travellers.Read more

03 Jun 2025

IHG Hotels & Resorts marked a key milestone earlier this week with the opening of its 50th operational hotel in India Crowne Plaza Lucknow, comprising 110 keys. The hospitality giant reaffirmed its commitment to the Indian market by announcing a robust pipeline of nearly 70 hotels slated for launch over the next two to three years. Meanwhile, Indian Hotels Company Ltd (IHCL) entered into an agreement for a 101-key Gateway-branded hotel in Nathdwara, Rajasthan. The move supports IHCL's strategy to strengthen its presence in religious and cultural destinations across India.Read more

02 Jun 2025

Indian Hotels Company Ltd (IHCL) has made a significant stride into luxury wildlife hospitality by signing agreements for three upscale lodges in South Africa's Balule Game Reserve, part of the renowned Kruger National Park. The properties include the 30-key Taj Lion Kings Hilltop Tented Camp and two intimate six-key lodges: Taj Lion Kings Bush Lodge and Taj Lion Kings River Lodge. This expansion under the iconic Taj brand underscores IHCL's commitment to responsible tourism, aiming to provide guests with an immersive, authentic nature experience. Partnering with OM USA LLC further supports IHCL's vision of combining luxury with ecological sensitivity in a globally acclaimed wildlife destination.Read more

30 May 2025

Oyo-owned Belvilla has acquired Australian short-term rental-platform MadeComfy in a cash-and-stock deal, issuing shares worth USD 1.9 million (INR 16 crore) upfront and USD 9.6 million (INR 81 crore) in deferred-stock, valuing Oyo at USD 5 billion (INR 42,500 crore). MadeComfy, founded in 2015, manages 1,200+ assets across Australia, New Zealand and earned USD 9.6 million (INR 81 crore) in 2024. Belvilla operates 50,000 homes in 20 European countries. Oyo also acquired G6-Hospitality in 2024 for USD 525 million. Founder Ritesh Agarwal projects FY26 profit of INR 1,100 crore, citing 60% YoY revenue-growth.Read more

29 May 2025

ITC Hotels announced the signing of a Welcomhotel property in Vrindavan, Uttar Pradesh, marking the brand's entry into a significant pilgrimage destination. This new development strengthens ITC Hotels' foothold in the state, adding to its existing portfolio of six operational hotels with 479 rooms and more properties planned across various brands. Strategically located 90 km from Noida International Airport along the Delhi-Agra Highway, the upcoming Welcomhotel will offer 120 guest rooms, catering to the increasing demand driven by the surge in domestic spiritual and cultural tourism across India.Read more

29 May 2025

Radisson Hotel Group recently announced the launch of five new hotels across diverse Indian locations, including Jamshedpur, Bengaluru's Yelahanka, Shimla's Koti, Punjab's Gaj, and Prayagraj. This expansion reflects the group's adaptive growth strategy tailored to India's evolving hospitality market. Radisson's approach focuses on leveraging its varied brand portfolio to establish meaningful local partnerships while ensuring world-class service. The company is broadening its reach to capture multiple traveller segments, from corporate visitors in tier II cities to leisure and spiritual tourists, underscoring its intent to deepen its presence across both industrial and leisure destinations.Read more

28 May 2025

Uttarakhand's tourism sector has gained significant momentum owing to robust infrastructure development, enhanced healthcare services, and improved accessibility. Under the guidance of Prime Minister Shri Narendra Modi, Chief Minister Shri Pushkar Singh Dhami has been actively implementing the AYUSH Policy 2023, aimed at transforming the state into a hub of wellness and health tourism. The spiritual significance of the Char Dham Yatra, coupled with modern facilities for pilgrims, is fuelling growth in footfall. Focused efforts on high-altitude healthcare, road connectivity, and medical emergency readiness are reshaping the state's appeal as a holistic destination for spiritual and wellness-based experiences.Read more

28 May 2025

ITC Ltd, one of India's leading diversified conglomerates, recorded an impressive financial performance for the quarter and fiscal year that concluded recently. The company's consolidated net profit for the final quarter saw a nearly four-fold increase year-on-year, while its annual profit surged close to 69%. Although quarterly revenue growth remained subdued, annual revenue witnessed a healthy 10.4% rise. The board has recommended a final dividend of INR 7.85 per ordinary share, reflecting confidence in the company's financial strength. Interestingly, ITC's shares closed lower on the day the results were declared, as the announcement came after trading hours.Read more

27 May 2025

Nexus Seawoods Mall in Navi Mumbai recently launched its Denim & Sneaker Fest, running from earlier this week through mid-June. This festival celebrates two of fashion's most enduring favourites denims and sneakers bringing together an extensive range of products from leading international and domestic brands. Shoppers have the opportunity to update their wardrobes with the latest styles from top labels such as Levi's, Nike, Puma, and many others, making it ideal for vacation preparations and back-to-campus shopping. The event also includes engaging Shop & Win contests, special offers, and giveaways, adding an extra layer of excitement for visitors of all ages.Read more