2 hours ago

ITC Hotels Limited has signed a management agreement for Welcomhotel Dehradun Selaqui, a 117-key hotel that will expand its presence in Uttarakhand and strengthen the Welcomhotel brand in North India. The project, being developed in partnership with Orions Hospitality, marks the company's second Welcomhotel signing in Dehradun under its asset-right strategy. The hotel will comprise guest rooms, multiple dining venues and over 45,000 sq ft of indoor and outdoor event space, catering to business travellers, leisure guests and the meetings, incentives, conferences and exhibitions (MICE) segment. Located in Selaqui, an emerging commercial and industrial corridor of Dehradun, the project is expected to benefit from growing tourism, infrastructure development and improving regional connectivity, while complementing ITC Hotels' recently opened Welcomhotel by ITC Hotels Madhuban Dehradun.Read more

Navi Mumbai News Desk

7 hours ago

Nexus Seawoods Mall will host the Purple Day Sale from July 10 to 12, offering discounts across fashion, footwear, electronics, accessories and lifestyle categories as part of a wider campaign across participating Nexus Select Malls. The three-day retail event will feature offers of up to 50% on selected merchandise from several national and international brands, alongside in-store promotions and customer engagement activities. The initiative comes as organised retail centres continue to use large-scale promotional events to increase footfall and drive consumer spending across multiple product segments beyond traditional end-of-season apparel sales.Read more

18 Jul 2026

Blue Tokai Coffee Roasters will open a new café at Vihang Ventura, a commercial development in Mira Road being developed by Vihang Ahead. The outlet will become the speciality coffee chain's second café in the Mira Road market and is among the anchor retail brands signed for the mixed-use commercial project. Located opposite the Kashigaon Metro Station, Vihang Ventura has been planned as a destination for retail, office space and food and beverage outlets. The addition of Blue Tokai forms part of the developer's retail leasing strategy as it seeks to attract established national brands to the project. Blue Tokai currently operates more than 258 locations across seven Indian cities and said the new outlet reflects its continued expansion into emerging suburban markets with growing residential and commercial activity.Read more

17 Jul 2026

ITC Hotels Ltd reported a 36% year-on-year increase in consolidated net profit to INR 181.91 crore for the quarter ended 30 June 2026, supported by higher revenues across its hospitality business. Consolidated revenue from operations rose to INR 936.02 crore from INR 815.54 crore a year earlier, while hotel business revenue reached INR 881.06 crore. The company also recorded revenue from its newly launched branded residences business. Alongside its financial results, the board approved the acquisition of GHK Hospitality & Infrastructures Ltd at an enterprise value of INR 155 crore. The acquisition will enable ITC Hotels to expand its owned hotel portfolio in Ahmedabad by acquiring GHK, which owns the 130-key Welcomhotel Ahmedabad, currently operated by the company under an operating services agreement.Read more

17 Jul 2026

World of Hyatt has expanded its Asia Pacific partnership with HYROX to include race cities in India, offering race-focused stay packages for athletes and spectators. The collaboration covers upcoming HYROX events in New Delhi and Mumbai and includes exclusive room rates, hotel benefits and recovery amenities at participating Hyatt properties. Hyatt has also partnered with fitness enthusiast Milind Soman to support the initiative. The move comes as HYROX continues to expand its presence in India, where interest in fitness-based sporting events has been growing rapidly over the past few years.Read more

16 Jul 2026

Radisson Hotel Group has signed an agreement to develop the 208-key Radisson RED Mumbai International Airport, with the hotel scheduled to open by December 2026. Located about four minutes from Chhatrapati Shivaji Maharaj International Airport, the property will provide connectivity to major commercial and business districts, including Andheri MIDC, SEEPZ Mumbai, Bandra Kurla Complex (BKC) and the Jio World Convention Centre. The signing will expand Radisson Hotel Group's portfolio in the Mumbai Metropolitan Region (MMR) to eight properties, reinforcing its presence in one of India's busiest business and travel markets. The development reflects continued investment in airport-linked hospitality assets catering to business travellers and transit guests.Read more

15 Jul 2026

ITC Hotels Ltd has signed a management agreement with Orions Hospitality for the development of Welcomhotel Dehradun Selaqui, a 117-key property in Uttarakhand. The agreement expands the hospitality company's presence in the state as Dehradun continues to witness growth in business travel, tourism and destination events. The project will be managed under the Welcomhotel brand and is intended to cater to the evolving accommodation requirements of corporate and leisure travellers while strengthening ITC Hotels' portfolio in northern India.Read more

15 Jul 2026

India's retail inflation moved up to 4.38% in June from 3.93% in May, according to the latest government data. The increase was largely driven by higher food prices, which pushed food inflation to 5.32% during the month. While headline inflation remained within the Reserve Bank of India's prescribed tolerance band, it rose above the central bank's medium-term target of 4%. The latest figures indicate that food prices continue to have a significant influence on overall consumer inflation across the country.Read more

Priyanka Vig

14 Jul 2026

India's hospitality industry has evolved beyond the traditional model of hotel ownership, with a growing preference for operating structures that separate real estate ownership from hotel management. Owned-and-operated hotels, management contracts, franchise agreements and aggregator platforms each play a distinct role in the sector, offering different levels of control, investment and operational responsibility. As hotel brands continue to expand across the country, these business models have become central to attracting investment, supporting faster growth and strengthening the organised hospitality market.Read more

14 Jul 2026

Indian Hotels Company Limited (IHCL), part of the Tata Group, has opened the 154-key Vivanta Gurugram Sector 95A, taking its portfolio in the National Capital Region (NCR) to 18 hotels. The new property strengthens the hospitality company's presence in Gurugram, a key commercial hub witnessing sustained corporate activity and infrastructure development. The opening also expands the footprint of the Vivanta brand in a high-growth market. IHCL currently has a development pipeline of 263 hotels across India and opened 11 new properties during the quarter ended June, reflecting its continued expansion strategy across multiple hospitality segments.Read more