07 Jul 2025

Mahindra Holidays & Resorts, through its Finnish subsidiary Holiday Club Resorts Oy, has fully acquired Keskin in Kiinteistö Oy Salla Star (KKOSS) for INR 2.35 crore in an all-cash deal. The acquisition transitions Mahindra from a lessee to the outright owner of a holiday property in Märkäjärvi, Salla, Finland—previously leased since 2012 under a share purchase arrangement. KKOSS is now a wholly owned unit, with no related-party involvement. This move strengthens Mahindra's footprint in Europe's leisure market, particularly in the scenic Lapland region. The company now gains full control to upgrade or integrate the resort into its broader Holiday Club portfolio across Finland.Read more

03 Jul 2025

Anant Raj Ltd is entering India's booming data centre space with a INR 18,000 crore ($2.1 billion) investment to build two new facilities in Haryana, targeting 300 MW total capacity by 2032. The move builds on its initial 2023 entry, when it began converting IT buildings into data centres. This expansion aligns with India's digital surge, as JLL predicts a 77% rise in national data centre capacity by 2028. Backed by state incentives like land and power support, Haryana is emerging as a hotspot for hyperscale and edge centres. Anant Raj aims to tap into growing demand driven by AI adoption and data localisation policies.Read more

02 Jul 2025

Radisson Hotel Group has added a new property to its portfolio with the opening of the 91-key D Square Statue of Unity Kevadia in Gujarat. Operated under the Radisson Individuals brand, the hotel is positioned to serve the rising demand in emerging leisure destinations. The group stated that this expansion aligns with its strategic plan to reinforce its presence in key tourism locations, particularly in Gujarat where travel-linked infrastructure is expanding rapidly.Read more

01 Jul 2025

Vardhman Amrante Pvt Ltd, the real estate arm of the Oswal Group, has committed an investment of INR 260 crore to develop a 200-key five-star hotel in Ludhiana, Punjab. The project will be operated under the 'Westin Hotels & Resorts' brand by Marriott International. The hotel will form part of a seven-acre commercial complex spanning 17 lakh sq ft, with construction expected to begin in the coming year and the hotel slated to open in the final quarter of 2030. This initiative marks a key milestone in the company's continued expansion in Punjab's real estate market.Read more

28 Jun 2025

India's retail sector recorded a 7% year-on-year sales growth in May 2025, according to the Retailers Association of India's latest survey, signalling revived consumer confidence and rising discretionary spending. South India led with a 9% increase, followed by the West (7%), North (6%), and East (4%). Quick Service Restaurants (QSRs) topped category growth at 10%, while electronics and furniture both saw 8% gains. RAI CEO Kumar Rajagopalan noted this as a shift from recent modest growth trends, with a positive outlook for the festive season. Retailers are optimistic that strong category and regional trends will continue in the coming months.Read more

27 Jun 2025

Liebherr Appliances India has launched its first-ever Made-in-India range of Fully Integrated refrigerators, freezers, and combination units, manufactured at its Sambhajinagar plant. This marks India as the only country outside Europe producing these luxury appliances. Designed for high-end modular kitchens, the new range blends German engineering with features tailored to Indian climate needs. With immediate product availability, BIS compliance, and strong after-sales support, Liebherr aims to drive local adoption of built-in kitchen solutions. The launch was celebrated in Mumbai and aligns with India's growing demand for stylish, performance-driven home appliances-particularly in urban markets where modular kitchens and luxury housing are on the rise.Read more

27 Jun 2025

IHG Hotels & Resorts, in partnership with Samhi Hotels, has launched its second Holiday Inn Express in Kolkata with a 113-room property developed for INR 40 crore. This brings the total number of Holiday Inn Express hotels in India to 18, with Samhi owning 12. IHG now operates 52 hotels across six brands in India and foresees potential for up to 20 Holiday Inn Express locations in Kolkata alone. The group is eyeing expansion into West Bengal's emerging destinations. Samhi, operating 32 hotels nationwide, views eastern India as a growth hotspot. Meanwhile, 84 IHG-affiliated hotels are currently under development across India.Read more

26 Jun 2025

Nexus Seawoods Mall has kicked off its much-awaited End of Season Sale, offering flat 50% discounts across 100+ top fashion and lifestyle brands, including GAP, Tommy Hilfiger, ALDO, and Lifestyle. Shoppers spending INR 5,000 or more stand a chance to win a Jawa motorcycle, with added perks like 50% off select F&B and double reward points. To maximise convenience, the mall will remain open till midnight during the sale weekend. Known for its high-energy retail events, Nexus Seawoods continues to cement its reputation as Navi Mumbai's ultimate shopping and lifestyle destination, combining big-brand bargains with immersive customer experiences.Read more

24 Jun 2025

Saya Group has partnered with Carnation Hotels, a Lemon Tree Hotels subsidiary, to manage 336 BIZTOP Business Class Suites at the Saya SouthX project in Greater Noida West. Spanning floors 7 to 25, each 668 sq. ft. suite is designed for business travellers seeking high-quality serviced accommodation. Lemon Tree will bring hotel-grade operations to the mixed-use development, which includes retail, dining, a multiplex, banquet space, and more. Saya SouthX covers 6.8 lakh sq. ft. and targets over 50,000 daily footfalls. The collaboration blends Saya's infrastructure with Lemon Tree's hospitality expertise, reinforcing Saya's footprint in premium commercial real estate.Read more

23 Jun 2025

The Asia Pacific hospitality sector is undergoing a transformative shift, with global hotel operators increasingly dominating the landscape. Over 86% of future hotel supply in the region is expected to come through international brands. This rise is fuelled by brand proliferation, acquisitions, and strategic partnerships tailored to local markets. Branded hotels in the region are outperforming independent ones in revenue and performance, backed by global loyalty programmes and stronger distribution systems. Investors are also actively favouring branded properties, leveraging opportunities in rebranding and value-add strategies to maximise returns.Read more