19 May 2026

Adani Airport Holdings has entered into a partnership with IHG Hotels & Resorts to develop five hotels across Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region. The proposed developments will add nearly 1,500 hotel keys under multiple brands, including the India debut of IHG’s luxury lifestyle brand Kimpton Hotels & Restaurants. The projects will be part of airport-linked mixed-use developments being planned by Adani Airport Holdings. The move comes amid rising travel demand and growing investments in airport-led urban infrastructure and hospitality projects across India.Read more

18 May 2026

Adani Airport Holdings Ltd (AAHL) has partnered with IHG Hotels & Resorts to develop five hotels across major airport-linked and urban growth destinations, including Mumbai, Navi Mumbai, Ahmedabad, Jaipur, Mangaluru and Thiruvananthapuram. The agreement will add nearly 1,500 hotel keys across multiple brands and also mark the India debut of IHG’s luxury lifestyle brand, Kimpton Hotels & Restaurants. The move comes as airport-led developments continue to gain traction amid rising domestic travel, tourism and business movement. AAHL said the partnership aligns with its larger strategy of building integrated airport cities combining hospitality, retail and commercial infrastructure.Read more

17 May 2026

Nexus Seawoods has launched ‘Panda World’, a themed indoor entertainment attraction aimed at families and children during the summer holiday period in Navi Mumbai. The experiential installation, which opened on May 9, features an oriental-inspired panda-themed environment with interactive gaming areas, activity zones, rides and performance spaces within the mall premises. The ticketed attraction is priced from INR 499 onwards and includes arcade zones, AR-based photo experiences, children’s workshops and themed installations. The initiative reflects the continued focus of organised retail destinations on experiential programming to increase visitor engagement and footfall during seasonal periods. Located in Navi Mumbai, Nexus Seawoods has been expanding family-oriented entertainment and event-based attractions as malls increasingly position themselves as mixed-use lifestyle destinations beyond conventional retail formats.Read more

17 May 2026

HTL International is expanding its India operations with plans to double its retail footprint over the next two years as the upholstered furniture manufacturer targets 35% growth in 2026 across its brands Domicil, Fabbrica and Corium. The company currently operates one flagship outlet and 33 shop-in-shops in the country and intends to strengthen its presence in Tier 2 cities alongside new flagship stores in metropolitan markets. HTL stated that the strategy is being driven by rising demand for organised furniture retail, growing premium housing consumption and increasing discretionary spending on interiors in smaller cities. The company also expanded its Chennai manufacturing facility from 2.5 lakh sq ft to 3.5 lakh sq ft to support both domestic and export demand, reinforcing India’s role within its global supply chain.Read more

16 May 2026

• Ministry of Textiles inaugurated India’s first operational PM MITRA Park in Warangal, developed at a cost of INR 1,695.54 crore under the central government’s integrated textile infrastructure programme.
• The 1,327-acre project is expected to attract investments exceeding INR 6,000 crore and generate more than 24,400 jobs across the textile value chain.
• According to the ministry, nearly 62 per cent of the park has already been allotted to industrial units, indicating early investment traction within the integrated manufacturing ecosystem.
• The PM MITRA scheme aims to establish textile manufacturing hubs across seven states with multimodal connectivity, common infrastructure and investment incentives. The Warangal project has been positioned as a key industrial and employment-focused development for Telangana’s manufacturing sector.Read more

15 May 2026

• NILE Hospitality has signed a 120-key Courtyard by Marriott property in Somnath, Gujarat, expanding branded hospitality presence in a key religious tourism destination.
• The hotel will cater to increasing visitor inflow to Somnath, one of India’s prominent pilgrimage centres.
• The development forms part of NILE Hospitality’s strategy to introduce global hospitality brands into emerging cultural and spiritual destinations.
• Company executives stated that the project is intended to enhance hospitality standards along the pilgrimage and tourism corridor.
• The signing reflects continued investor and operator interest in religious tourism-driven hotel markets across India.Read more

15 May 2026

• Indian Hotels Company Ltd reported a 14.71% year-on-year increase in consolidated net profit for the quarter ended March 2026, supported by growth across hotel operations and allied businesses.
• The Tata Group hospitality company posted a net profit of INR 645.43 crore compared with INR 562.66 crore in the corresponding period last year.
• Revenue from operations rose to INR 2,765.29 crore during the quarter, while total expenses also increased on an annual basis.
• The board has recommended a dividend of INR 3.25 per share, subject to shareholder approval at the upcoming annual general meeting.
• The company said growth was driven by higher hotel RevPAR, catering business expansion, management fees and new business segments.Read more

14 May 2026

• Brigade Hotel Ventures plans to invest around INR 1,000 crore in Karnataka over the next five years towards new hospitality projects and modernisation of existing hotel assets.
• The company has also outlined a broader expansion strategy targeting addition of nearly 1,700 hotel keys with a planned capital outlay of approximately INR 3,600 crore under its “Vision 2031” roadmap.
• Separately, the company and Marriott International have launched the rebranded Courtyard by Marriott Kochi Infopark, formerly operating as Four Points by Sheraton Kochi Infopark.
• The 218-room hotel in Kakkanad, Kochi, is positioned to cater to business, MICE, and leisure travellers and includes over 8,000 sq ft of meeting and event space.
• The investment push reflects growing hospitality demand across Bengaluru, Mysuru, Kochi, and other South Indian urban and tourism markets amid expanding business travel and infrastructure-led regional growth.Read more

13 May 2026

• Retail leasing across malls and high streets in India’s top seven cities fell 15 per cent quarter-on-quarter to 3.1 million sq ft during the January-March period, as per JLL.
• The decline was mainly due to limited fresh supply of institutional-grade mall space, with only 0.25 million sq ft added during the quarter compared to 2.5 million sq ft in the previous quarter.
• On a year-on-year basis, leasing remained stable, indicating steady demand from retailers despite supply constraints.
• Fashion and apparel led leasing activity with a 33 per cent share, followed by entertainment at 16 per cent and food & beverage at 15 per cent.
• Indian retailers dominated the market with a 79 per cent share, supported by expansion from D2C brands and rising physical retail adoption.Read more

12 May 2026

• iNvent has expanded its retail presence in Delhi NCR with the launch of a new Apple Authorised Reseller store at DLF Mid Town Plaza in Moti Nagar.
• The 900 sq. ft. outlet is expected to serve the growing premium residential and commercial catchment across West Delhi, supported by developments including DLF Midtown and nearby mixed-use projects.
• The company stated that the launch marks its return to a location where it had previously operated nearly a decade ago.
• Alongside the full Apple product portfolio, the store will offer guided purchase assistance, device support services and financing options, reflecting continued expansion of organised premium technology retail across NCR’s urban corridors.Read more