HOSPITALITY IHG Signs Holiday Inn Goa Kadamba, Expands Leisure Portfolio In India

IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with NCPL for the development of Holiday Inn Goa Kadamba. The 100-key hotel, scheduled to open in Q1 2030, will mark a further addition to IHG’s growing portfolio in India’s key leisure markets. Brand propositionAs one […]

CW Bureau · Apr 13, 2026

HOSPITALITY Aster Whitefield Expand Women & Children Facility Investing ₹6 Cr

Aster DM Healthcare has invested ₹6 crore to expand its Women & Children facility at Whitefield, Bengaluru, as part of its strategy to strengthen specialised healthcare services. With the expansion, the bed capacity at Aster Whitefield will increase from 380 to 539 beds, enhancing its ability to cater to growing demand for maternal and paediatric […]

CW Bureau · Apr 13, 2026

HOSPITALITY Real Estate Capital Flows Diversify, FY26 Deal Activity Hits 7-Year High

India’s real estate capital markets staged a measured yet decisive recovery in FY26, with total deal value reaching $4.3 billion. While the 13% and 16% growth over FY24 and FY25 signals renewed momentum, the more defining shift lies in the composition of this recovery. Unlike the previous two years, where headline numbers were skewed by […]

CW Bureau · Apr 12, 2026

HOSPITALITY Embassy To Sell Sepset Jodhpur ‘Mega Mall’ To Pen India For ₹100 Cr

Embassy Developments Ltd and its wholly owned subsidiary Ceres Estate Ltd have entered into a share purchase agreement with Pen India Ltd for the sale of 100% equity in Sepset Real Estate Ltd for a total consideration of ₹100 crore. The consideration will be received in one or more tranches, and the transaction is expected […]

CW Bureau · Apr 12, 2026

HOSPITALITY Everest Industries Completes Phase I Of Podanur Land Sale To G Square

Everest Industries has successfully completed Phase I of its land disposal plan, marking a key milestone in its ongoing asset monetisation strategy. The company executed a sale deed on April 10, 2026, with G Square Properties Pvt Ltd for the transaction. Phase I transaction detailsUnder Phase I, Everest Industries sold 16.84 acres of vacant land […]

CW Bureau · Apr 12, 2026

HOSPITALITY Adani Airport City Floats Four Entities To Expand Airport-Led Real Estate

Adani Airport City Ltd (AACL), a step-down wholly owned subsidiary of Adani Enterprises Ltd (AEL), has incorporated four new entities with a paid-up capital of ₹10 lakh each. The newly formed companies: Adani Mangaluru Airport City Ltd (AMACL), Adani Jaipur Airport City Ltd (AJACL), Adani Lucknow Airport City Ltd (ALACL) and Adani TRV Airport City […]

CW Bureau · Apr 11, 2026

HOSPITALITY Godrej Properties Reports Highest Ever Sales And Collections In FY26

Godrej Properties Ltd (GPL), one of India’s leading national real estate developers, reported its highest-ever bookings, collections, operating cash flow and business development additions in FY26. Strong booking growth GPL recorded a 16% year-on-year increase in booking value to ₹34,171 crore in FY26, driven by the sale of 17,515 units covering 27 million sq. ft., […]

CW Bureau · Apr 10, 2026

HOSPITALITY Prestige Estates To Develop ₹9,000 Cr Luxury Homes In Versova, Mumbai

Prestige Estates Projects Ltd has entered into a joint venture with Avinash Bhosale Group (ABIL Group) to develop a luxury residential project in Versova, Mumbai, through Aaramnagar Realty LLP, investing ₹180 crore to acquire a 50% stake. Strategic expansion in Mumbai Bengaluru-based Prestige Group, one of India’s leading real estate developers, is strengthening its presence […]

CW Bureau · Apr 10, 2026

HOSPITALITY Signature Global Cuts Debt By 77% To ₹200 Cr In FY26; Bolsters Finances

Signature Global India Ltd, one of the leading real estate developers in the Delhi-NCR region, has reduced its net debt by 77% to ₹200 crore in FY26 from ₹880 crore in the corresponding period last year, marking a historic low and reinforcing its balance sheet strength. Balance sheet strengthens The company reported cash and cash […]

CW Bureau · Apr 9, 2026

HOSPITALITY Royal Orchid Signs Pact With Hilton To Open 125 Hampton Hotels In India

Royal Orchid Hotels Ltd. has entered into a strategic agreement with Hilton to open 125 Hampton by Hilton hotels in India by 2035. The partnership will accelerate Hilton’s expansion in the upper midscale segment in India, driven by rising domestic travel and increasing demand from the country’s growing middle class. Expansion Strategy The hotels will […]

CW Bureau · Apr 8, 2026