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LUXURY HOTEL ACQUISITIONS
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...
India emerges APAC’s top bet for real estate returns across sectors: CBRE surveyIndia leads Asia Pacific in real estate yields across all asset classes. Global investors are actively deploying capital into Indian real e...
ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
Chalet Hotels to acquire 144-room Udaipur resort for Rs 171 croreChalet Hotels Limited is set to acquire Seasons Hotels Private Limited, the owner of Inder Residency Resort & Spa Udaipur. The deal is valu...
IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
India’s hotel expansion gains pace, draws institutional capital into real estate foldIndia's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and ...
IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
Hyatt explores new brands, acquisition partnerships in IndiaHyatt Hotels is planning significant expansion in India, including introducing The Standard and UrCove brands. The group is also considerin...
Luxury hotel signings surge across IndiaIndia's luxury hotel sector is experiencing significant growth, with major international and domestic chains aggressively expanding their p...
Impact of West Asia conflict getting mitigated for April-June quarter: Leela CEOThe Leela Palaces, Hotels and Resorts is seeing cancellations due to the West Asia conflict but expects bookings to recover. The company an...
The Leela Palaces acquires ultra-luxury resort in Coorg for Rs 560 croreThe Leela Palaces, Hotels and Resorts has acquired a luxury resort in Coorg for Rs 560 crore. This marks the brand's expansion into nature-...
ITC Hotels launches the ITC Grand Goa Resort & SpaThe 252-keys beach-side hotel will have 6 signature dining options, besides ITC's Kaya Kalp Royal spa.
Accor to bring ultra luxury hotel brand Raffles to IndiaBesides Raffles, AccorHotels is also launching the second Fairmont hotel in India that will be located close to the Mumbai airport.
David Grossniklaus joins Belmond chain as senior director of development for India, Middle East and AfricaGrossniklaus joins Belmond from Starwood Hotels & Resorts, where he held the position of associate director acquisitions and development fo...
Bird Group to open 3 hotels in India; mulls acquisitionsThe company already has land for these hotel properties, he said, adding all hotels of the Group are luxury boutique hotels.
Indian hospitality sector sees revival, posts record M&A deals in 2015Indian hospitality sector has posted record number of deals this year — highest in the past four years — with softening of valuations and i...
Donald Trump plans 30 hotels globally by 2020“There’s no hospitality brand that has the strength to deliver success in both real estate and hospitality like Trump,” said Syed.
- Accor to invest euro 150 million for hotels in India
Accor Hospitality plans to set up 40 hotels in the country with an investment of euro 150 million in the next three years.