3 hours ago

Hospitality companies IHG Hotels & Resorts and Indian Hotels Company Ltd (IHCL) have expanded their presence in India with the launch of new properties in Andhra Pradesh and Maharashtra. IHG has opened a 90-key Holiday Inn Express & Suites in Vijayawada, strengthening its footprint in one of Andhra Pradesh’s growing commercial and connectivity centres. The hotel is positioned to cater to both business and leisure travellers and benefits from its proximity to Amaravati. Separately, IHCL has launched Bandra House Mumbai under its SeleQtions brand. The 39-key property has been designed to reflect Bandra’s cultural and architectural character, adding a boutique offering to the company’s portfolio in Mumbai. Both announcements highlight continued investment by hotel operators in key urban and business destinations across India.Read more

16 Jun 2026

Indian Hotels Company Ltd (IHCL) has expanded its hospitality portfolio in Uttar Pradesh with the opening of Ayodhyam, Ayodhya under its SeleQtions brand. The newly launched property features 162 keys and is positioned to cater to the increasing flow of visitors to one of India’s most prominent spiritual destinations. The opening comes amid sustained growth in religious and spiritual tourism across the country, particularly in Ayodhya, which has witnessed a significant rise in visitor numbers in recent years. Through the new hotel, IHCL aims to strengthen its presence in the religious tourism segment while offering accommodation that reflects the cultural and spiritual character of the city.Read more

Priyanka Vig

16 Jun 2026

India’s hospitality industry is emerging as one of the fastest-growing and most structurally important sectors in the economy. The industry is entering a strong structural growth phase driven by rising demand across accommodation, travel, food & beverage, and events. The sector spans everything from luxury hotels to budget stays and contributes significantly to GDP, employment, and local economies. With market projections indicating rapid expansion, improving occupancy, and rising RevPAR, India’s hotel ecosystem is showing sustained momentum even amid new supply additions. However, branded hotel penetration remains low compared to global benchmarks, highlighting a large untapped opportunity for long-term expansion.Read more

15 Jun 2026

• Third Wave Coffee is aiming to achieve operational breakeven in FY27 while accelerating its expansion across India.
• The specialty coffee chain plans to open around 100 new cafés, strengthening its presence in both existing and emerging markets.
• The company is capitalizing on India's growing appetite for premium café experiences and specialty beverages.
• Its expansion strategy reflects the increasing competition and investment in the country's organized coffee retail sector.Read more

15 Jun 2026

Marriott International has reached a significant global milestone with the opening of its 10,000th property, the 127-key JW Marriott Ranthambore Resort & Spa in Rajasthan. The launch marks a major expansion benchmark for the hospitality company, which now operates across 146 countries and territories worldwide. The new luxury resort also strengthens Marriott's presence in India's growing leisure and wildlife tourism market. The achievement comes nearly a century after the company began operations as a small root beer stand and reflects the scale of its global growth across multiple hospitality segments. Marriott stated that the milestone was made possible through the continued support of property owners and the efforts of its global workforce.Read more

14 Jun 2026

• The Central government has approved INR 15 crore for three road improvement projects in the Belagavi constituency.
• The sanctioned funds will be utilised to strengthen and rehabilitate damaged stretches, enhancing connectivity and commuter safety.
• The projects are expected to improve transportation links for local communities while supporting regional economic activity.
• The approval reflects continued investment in upgrading critical road infrastructure across Karnataka.Read more

14 Jun 2026

Direct-to-consumer nutrition and sports supplement brand BeastLife has reported a turnover of INR 105 crore for FY26 and is targeting INR 250 crore in revenue during FY27. The Gurugram-based company recently achieved net monthly sales of INR 20 crore, exceeding its internal target of INR 15 crore and taking its annual revenue run rate to around INR 240 crore. Founded in 2024 by fitness influencer Gaurav Taneja and former Mamaearth executive Raj Vikram Gupta, the company has also become EBITDA positive within two years of operations. To support future growth, BeastLife plans to expand through offline retail partnerships, branded cafés, vending machine networks and continued investment in product development following a recent INR 20 crore funding round.Read more

12 Jun 2026

Unicorn Infosolutions, Apple’s largest premium retail and service partner in India, has announced plans to expand its network from 100 to 150 stores over the next three years, driven by growing demand for Apple products across smaller cities. The company expects its revenue to rise from INR 3,700 crore in FY2025-26 to between INR 5,500 crore and INR 6,000 crore during the expansion period. Having opened its 100th store in Gurugram, Unicorn is focusing on tier-III and tier-IV markets, where physical access to Apple product demonstrations and after-sales services remains limited. The retailer currently operates across 49 cities in nine states and expects new product categories, including entry-level Mac offerings, alongside financing options such as equated monthly instalments (EMIs), to support future growth.Read more

12 Jun 2026

• Nexus Select Trust plans to deploy INR 2,000 crore to expand its retail presence in Northeast India through acquisitions and greenfield developments.
• The REIT is assessing opportunities across key cities where organised retail supply remains limited despite growing consumption and urbanisation.
• The investment forms part of the company's broader portfolio expansion strategy beyond established metropolitan markets.
• The planned deployment highlights increasing investor interest in the Northeast's retail and commercial real estate sector.Read more

11 Jun 2026

Pride Hotels Limited has expanded its presence in Madhya Pradesh by signing a long-term lease agreement for a 141-key hotel in Indore. The property will operate under the Pride Plaza brand, becoming the fifth hotel in the company’s Plaza portfolio after Delhi, Ahmedabad, Kolkata and Jaipur. The development also marks Pride Group of Hotels’ second property in Indore, strengthening its footprint in one of central India’s key commercial and industrial centres. The company said the agreement reflects its continued focus on growth through strategic expansion while reinforcing its commitment to the Indore market and the wider region.Read more