18 Dec 2025

The Centre is moving ahead with the development of PM MITRA parks as large, integrated textile manufacturing hubs, with detailed project reports worth about INR 5,567 crore completed for three proposed locations. These include greenfield parks in Lucknow, Kalaburagi and Navsari, each spread over more than 1,000 acres. The projects are being planned under a public-private partnership model to attract master developers for design, construction, financing and operations. The PM MITRA scheme aims to strengthen India's textile value chain by creating scale, improving infrastructure and reducing logistics costs. Once operational, these mega textile parks are expected to support manufacturing, processing and allied activities while boosting competitiveness and employment in the sector.Read more

17 Dec 2025

ITC Hotels Ltd is planning to expand its boutique hospitality portfolio by adding four new properties under the Storii by ITC Hotels brand at key wildlife destinations in India. The upcoming hotels, with a combined inventory of 141 rooms, are proposed in Jawai, Ranthambore, Dhari Gir and Sasan Gir. The company aims to deepen its presence in nature-led and experiential stays through partnerships with regional developers and property owners. These additions align with ITC Hotels wider strategy of strengthening niche segments within India's growing wildlife tourism market.Read more

17 Dec 2025

EIH Ltd of The Oberoi Group has signed a management agreement to develop a 25-room luxury Oberoi resort at the historic Makaibari Tea Estate in Darjeeling. Scheduled to open in 2030, the project will strengthen the group's presence in heritage and nature-driven destinations. Established in 1859, Makaibari is among the world's oldest tea estates and is known for its Himalayan views, rich biodiversity and sustainable tea practices. The resort will be designed to blend luxury with the estate's ecological and cultural character. The project is also expected to support local employment and skill development, aligning with EIH's wider expansion plans of adding new luxury properties by 2030.Read more

17 Dec 2025

The Municipal Corporation of Chandigarh has announced a 25 per cent reduction in rents for vacant commercial shops to boost occupancy and revive activity in civic markets. The concession applies to a wide range of municipal retail properties and is aimed at attracting small traders, start-ups and local businesses that were discouraged by higher rents. The move comes amid rising vacancies and softer demand for public retail spaces due to competition from malls and online platforms. Officials said the revised rent structure will make municipal shops more affordable and improve utilisation. The initiative is expected to increase footfall, strengthen neighbourhood markets and support small businesses across the city's commercial zones.Read more

16 Dec 2025

Flight operations at Delhi airport faced major disruptions earlier this week as low visibility led to widespread cancellations. A total of 49 departures and 77 arrivals were called off, affecting several passengers. IndiGo, facing the brunt of the disruptions, cancelled 110 flights across its network. The airline stated that winter fog in northern India can occasionally slow down flight movements during early mornings. IndiGo emphasized that its teams were closely monitoring the weather and making ground adjustments to minimize inconvenience for travelers.Read more

16 Dec 2025

The Andaman and Nicobar administration has approved four major eco-tourism projects across the islands, aiming to boost sustainable tourism. Three new luxury resorts will be developed on Long Island, Aves Island, and Shaheed Dweep, while the existing Megapode Resort in Sri Vijaya Puram will be upgraded through a public-private partnership. Designed to meet international sustainability standards, the resorts will operate with renewable energy, maintain low ecological impact, and offer premium tourism experiences. Aves Island, previously uninhabited, is set to become a key attraction after Swaraj Dweep, with facilities including adventure activities and wellness amenities.Read more

16 Dec 2025

Indian Hotels Company Limited has opened Avantika by the Ganges, a 43-key hotel under its SeleQtions brand, in Varanasi, Uttar Pradesh. The launch strengthens IHCL's presence in spiritually and culturally significant destinations as demand for experiential travel continues to grow. Designed to reflect the city's heritage while offering modern comforts, the property blends local character with premium hospitality. Varanasi remains a key destination for pilgrims and cultural tourists, driving interest from organised hotel players. The new hotel aligns with IHCL's strategy to expand across leisure, pilgrimage and Tier II and Tier III markets, while supporting tourism growth and local employment in one of India's most iconic cities.Read more

15 Dec 2025

Palm Hills Development Company has entered into an agreement with Marriott International to develop a St. Regis-branded project in Cairo under the Palm Hills portfolio. The partnership marks another step in Palm Hills’ strategy to strengthen its presence in the premium and luxury real estate segment, while bringing an internationally recognised hospitality brand to its developments. Marriott’s St. Regis brand is known for high-end residences and hotels globally, and the collaboration is expected to enhance the positioning of the Palm Hills project in Egypt’s competitive real estate and hospitality market.Read more

14 Dec 2025

Auro Realty has acquired the Taj Banjara hotel in Hyderabad for INR 315 crore, strengthening its presence in the hospitality segment and expanding its commercial real estate portfolio. The deal adds a well-known five-star property in a prime city location, popular with both business and leisure travellers. Hyderabad's hotel market has remained strong, supported by steady corporate travel, conventions and domestic tourism, making branded luxury assets attractive to investors. The acquisition reflects growing interest in income-generating commercial properties such as premium hotels. While operational plans for the property are yet to be shared, the move highlights continued confidence in Hyderabad's hospitality sector and the long-term value of established hotel brands.Read more

13 Dec 2025

Ridhira Group has announced an investment of INR 117 crore in a new hospitality project in Yacharam, Telangana, signalling rising confidence in emerging travel destinations beyond major cities. The development will include a branded hotel with modern amenities aimed at both leisure and business travellers. The project is expected to generate employment during construction and operations, while supporting local businesses such as transport, retail and food services. Improved road connectivity and Yacharam's proximity to Hyderabad have made the location attractive for hospitality growth. With approvals underway and planning in progress, the project reflects growing investor interest in tier-II and tier-III markets offering new opportunities for tourism-led development.Read more