SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Hospitality & Retail

IHG Targets 400-Hotel Milestone in India as Hospitality Expansion Accelerates

25 Jun 2026

IHG Hotels & Resorts plans to more than triple its presence in India over the next five years, backed by a pipeline of 80 hotels and sustained signing momentum. The company views India as one of its most important growth markets, supported by rising travel demand, favourable demographics and increasing owner interest in branded hospitality assets. Alongside expanding established brands, IHG is introducing new offerings across luxury, premium and midscale segments. The strategy reflects growing confidence in India's hospitality sector and the country's emergence as a key destination for domestic and international travel.Read more

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Manglam Group to invest INR 350 crore in Jaipur hotel project, partners with Marriott

25 Jun 2026

Manglam Group has announced plans to invest around INR 350 crore in a new hospitality project in Jaipur, strengthening its presence in the city's growing hotel market. The company has partnered with Marriott International to bring the Sheraton brand to the project, which will be developed on the Jaipur–Ajmer highway. Spread across more than 3 lakh sq ft, the hotel will feature 220 rooms. The development reflects continued investor interest in Jaipur’s hospitality sector, driven by tourism growth, business travel, and rising demand for branded hotel properties.Read more

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IHCL signs Tree of Life resort in Odisha as Quess launches Indo-Japan GCC initiative

25 Jun 2026

Indian Hotels Company Limited (IHCL) has signed a 30-key Tree of Life resort at Chilika Lake in Odisha, marking the hospitality brand’s entry into the state through a greenfield development project. The company said the signing aligns with its strategy of expanding into experiential travel destinations. Separately, Quess Corp announced a strategic collaboration with Institution for a Global Society (IGS) and Indo-Pacific Advisory (IPA) to establish an Indo-Japan Global Capability Centre (GCC) corridor. The initiative aims to assist Japanese companies in setting up and expanding operations in India while creating skilled employment opportunities across high-growth sectors.Read more

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Sterling Accuris launches 30-minute home diagnostic sample collection service in Ahmedabad

25 Jun 2026

Sterling Accuris has launched Accuris Express, a home diagnostic sample collection service that promises priority sample collection within 30 minutes across Ahmedabad. The service, introduced in the past week, allows users to book eligible diagnostic tests through the company’s website and mobile application and receive home visits from trained phlebotomists. Initially available in select locations across Ahmedabad, the offering is expected to be expanded across Gujarat in phases. The launch comes amid growing demand for on-demand healthcare services and reflects changing consumer expectations around convenience, speed and doorstep delivery. Sterling Accuris said the initiative is aimed at improving access to diagnostic testing while maintaining established standards of clinical accuracy, safety and hygiene.Read more

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Adani Mundra Airport begins commercial operations with first flight from Goa

24 Jun 2026

Adani Mundra Airport has commenced commercial passenger operations with the arrival of its first flight from Goa, marking a significant step in enhancing connectivity for Gujarat's Kutch region. Through a partnership with Star Air, the airport has launched eight new flight services linking Mundra with key cities across India. The development is expected to strengthen trade, logistics, business travel and tourism while supporting the growth of Mundra Port and Mundra SEZ. The airport also expands the Adani Group's aviation network and strengthens integration between its port, logistics and airport infrastructure businesses.Read more

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ixigo offers two free Delhi Metro tickets monthly through its train booking platform

24 Jun 2026

Traveltechnology platform ixigo has launched a limited-period campaign offering Delhi Metro commuters two free metro tickets every month through the ixigo Trains app. The initiative became available on 21 June and is open to both new and existing users. Under the scheme, commuters can claim two complimentary metro tickets each month, with a maximum value of INR 100 per ticket. The company said the offer is aimed at making daily travel more affordable while encouraging greater use of the Delhi Metro network during the summer season. The campaign forms part of ixigo’s wider strategy to integrate public transport services into its travel ecosystem and expand convenience-led mobility solutions for urban commuters.Read more

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Hilton launches Spark brand in Bengaluru and Goa, marking Asia Pacific debut

24 Jun 2026

Hilton has introduced its premium economy brand, Spark by Hilton, in the Asia Pacific region with the opening of two hotels in Bengaluru and Goa. The launch forms part of the company's partnership with Olive Hospitality to develop 150 Spark by Hilton properties across India. Introduced globally in 2023, the brand has expanded rapidly across key international markets. Hilton said the new hotels are designed to meet the needs of value-conscious travellers while maintaining the company's established service standards. The move also reflects Hilton's growing focus on India's expanding hospitality market.Read more

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State plans six textile parks with potential to attract INR 10,000 crore investment

24 Jun 2026

The state government is advancing plans to develop six textile parks aimed at strengthening the textile and apparel value chain and attracting large-scale investments. The proposed parks are expected to provide integrated infrastructure for spinning, weaving, processing, garment manufacturing and allied activities. Authorities believe the initiative will boost industrial development, generate employment opportunities and enhance the state's competitiveness in textile manufacturing. The parks are also expected to support exports, improve logistics efficiency and create a comprehensive ecosystem for domestic and international investorsRead more

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IHG signs agreement for Holiday Inn hotel in Mathura; Air India partners with Booking.com

23 Jun 2026

IHG Hotels & Resorts has expanded its presence in India by signing a management agreement with Embrassio Hotels & Resorts, the hospitality arm of Vrindara Group, to develop a Holiday Inn hotel in Mathura, Uttar Pradesh. The property is expected to open in early 2030 with 115 rooms and suites. Separately, Air India and Booking.com have entered into a partnership to provide integrated travel booking services, allowing customers to book accommodation through Air India's platforms while accessing exclusive rewards and benefits.Read more

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Market Size & Scope: Understanding the True Scale of India's Hospitality Industry

Priyanka Vig

23 Jun 2026

India's hospitality industry is far larger than a single market-size figure suggests. Depending on the scope of measurement, estimates range from USD 24 billion for the organised hotel sector to over USD 281 billion for the broader hospitality ecosystem. This article explores how the industry is structured, where growth is coming from, and why investors remain optimistic about its future. From branded hotels and booking channels to revenue models and development pipelines, the sector reflects a market that is expanding rapidly while still remaining significantly underpenetrated compared to global benchmarks.Read more

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