HOSPITALITY Brigade Hotel Ventures Plans ₹1,000-Cr Investment In Karnataka In 5 Years

Brigade Hotel Ventures Ltd (BHVL), the hospitality arm of Brigade Group, has unveiled its ambitious roadmap with plans to invest around ₹1,000 crore over the next five years in Karnataka. Earlier, BHVL had unveiled ‘Vision 2031’ strategy to double its room inventory across Karnataka and key South Indian markets, as part of its ₹3,600-crore expansion […]

CW Bureau · May 9, 2026

HOSPITALITY Oberoi Realty Clocks 63% Rise In Q4 PAT At ₹705 Cr, Revenue At ₹1,824 Cr

Oberoi Realty Ltd reported a strong financial performance for the fourth quarter of FY26, with consolidated Profit After Tax (PAT) rising 63% year-on-year to ₹704.68 crore, compared with ₹432.50 crore in the corresponding quarter last fiscal. The company’s revenue for Q4FY26 stood at ₹1,823.71 crore as against ₹1,213.33 crore in Q4FY25, reflecting robust growth driven […]

CW Bureau · May 9, 2026

HOSPITALITY Chhattisgarh Gets Garner Brand, IHG Hotels Inks Deal For Jagdalpur Hotel

IHG Hotels & Resorts has announced the signing of a franchise agreement for Garner Hotel Jagdalpur, marking the debut of the Garner brand in Chhattisgarh. The 117-key hotel will be developed by Freedom Hospitality and managed by United Hospitality Management. Garner expands India footprint Garner, IHG’s newest midscale conversion brand, is positioned in the essentials […]

CW Bureau · May 8, 2026

HOSPITALITY Lemon Tree Hotels Opens Keys Select Property In Amritsar With 50 Rooms

Lemon Tree Hotels Ltd, one of India’s leading hospitality companies, has launched Keys Select by Lemon Tree Hotels Amritsar as part of its expansion strategy in cultural and spiritual destinations across the country. Located in the heart of Amritsar, the hotel offers access to key landmarks including the Golden Temple and Jallianwala Bagh, both within […]

CW Bureau · May 8, 2026

HOSPITALITY Brigade Hotel Ventures, Marriott Open Courtyard By Marriott Kochi Infopark

Brigade Hotel Ventures Ltd (BHVL) and Marriott have opened the 218-key Courtyard by Marriott Kochi Infopark, an upgraded and rebranded hotel that earlier operated as Four Points by Sheraton Kochi Infopark. Located in Kakkanad adjoining Infopark Kochi, the hotel is positioned in one of the city’s prominent IT and commercial corridors and represents a strategic […]

CW Bureau · May 8, 2026

HOSPITALITY Oberoi Realty Consortium Completes Hotel Horizon Acquisition For ₹460 Cr

Oberoi Realty Ltd along with consortium partners Shree Naman Developers Pvt Ltd and JM Financial Properties and Holdings Ltd has acquired 49.99% shareholding in Hotel Horizon Pvt Ltd by investing ₹460 crore following the implementation of the Corporate Insolvency Resolution Plan approved by the Mumbai bench of the National Company Law Tribunal (NCLT). As part […]

CW Bureau · May 8, 2026

HOSPITALITY Thomas Cook India, SOTC Partner Vinpearl To Boost Vietnam Travel

Thomas Cook (India) Ltd and its group company SOTC Travel have signed a long-term memorandum of understanding with Vinpearl to strengthen Vietnam’s positioning among Indian travellers. The collaboration combines Thomas Cook India and SOTC’s market reach and travel expertise with Vinpearl’s hospitality and entertainment portfolio across Vietnam. The MoU was signed by Thomas Cook (India) […]

CW Bureau · May 7, 2026

HOSPITALITY IHCL Brings Tree Of Life To Kamshet, Boosts Maharashtra Leisure Portfolio

Indian Hotels Company Ltd (IHCL) has announced the signing of a Tree of Life resort in Kamshet, Maharashtra. The property will undergo renovation and its room inventory will be doubled as part of the development plan. IHCL Executive Vice President, Real Estate & Development Suma Venkatesh said the Kamshet–Lonavala–Pawna corridor has emerged as a strong […]

CW Bureau · May 7, 2026

HOSPITALITY Lemon Tree Achieves 100% Green Certification Across Owned Portfolio

Lemon Tree Hotels Ltd (LTHL) has achieved 100% green building certification across its entire portfolio of 41 owned hotels and reached 50% renewable energy usage (exit rate) as of March 2026, marking a significant milestone in its sustainability journey. The certifications have been awarded by the Indian Green Building Council (IGBC), part of the Confederation […]

CW Bureau · May 5, 2026

HOSPITALITY Brigade Hotel Ventures Bets On Build-First Strategy; Targets Selective Buys

Brigade Hotel Ventures Ltd is sharpening its growth playbook with a continued focus on building hotels from the ground up, while keeping the door open for opportunistic acquisitions as market dynamics evolve. Speaking during the company’s latest earnings call, Managing Director Nirupa Shankar underlined that the firm’s core strength lies in its ability to develop […]

Sajan C Kumar · May 5, 2026