HOSPITALITY Taj Opens Its Doors To Continental Europe With Frankfurt Landmark

Indian Hotels Company (IHCL) has marked a significant milestone in its global expansion journey with the opening of Taj Hessischer Hof Frankfurt, bringing the iconic Taj brand to Continental Europe for the first time. The 126-key luxury hotel in Frankfurt, Germany, strengthens IHCL’s international footprint and aligns with its strategy of expanding the Taj brand […]

CW Bureau · Jun 1, 2026

HOSPITALITY InterContinental Mahabalipuram Gets Luxury Makeover, Reopens To Guests

InterContinental Chennai Mahabalipuram Resort, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, has completed the final phase of its multi-million-dollar transformation, introducing new luxury accommodations, dining concepts, wellness experiences and a large ocean-facing event venue. Located along the East Coast Road near Mahabalipuram, the reimagined beachfront resort aims to strengthen its position as […]

CW Bureau · Jun 1, 2026

HOSPITALITY Godrej Properties Wins Bid For 23.2-Acre Land Parcel In Greater Noida

Godrej Properties Ltd, the real estate development arm of the Godrej Group, has secured a 23.2-acre residential land parcel in the DMIC Integrated Township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Ltd. The company plans to develop a premium group housing project on the site, comprising residential apartments across […]

CW Bureau · Jun 1, 2026

HOSPITALITY Multi-City Expansion Drives 18% Rise In Listed Developers’ FY26 Pre-Sales

India’s leading listed real estate developers recorded an 18% year-on-year rise in pre-sales revenue in FY26, driven largely by aggressive expansion into multiple cities and strong demand in the premium and luxury housing segments. According to an analysis by Anarock Research, the combined pre-sales revenue of the top 11 listed real estate developers increased to […]

CW Bureau · May 29, 2026

HOSPITALITY Royal Orchid Hotels Vision 2030 Targets 345 Hotels, 22,000 Keys

Royal Orchid Hotels Ltd, Bengaluru headquartered Indian hospitality chain, has outlined an aggressive Vision 2030 roadmap to expand its hospitality network to 345 hotels and 22,000 keys while strengthening its asset-light operating model and technology-led guest ecosystem. “Our ambition for the future is bold and extremely clear. The next phase of Royal Orchid Hotels will […]

CW Bureau · May 29, 2026

HOSPITALITY Alibaug Land Prices Projected To Rise 3.5x In Six Years: Liases Foras Study

Liases Foras, an independent real estate research firm, has projected sharp appreciation in Alibaug’s premium property market, driven by infrastructure expansion, rising tourism, growing second-home demand and severe land scarcity. Alibaug  is a coastal town, about 100 km from the South of Mumbai. In its report titled ‘Alibaug: The Rise of Mumbai’s Premium Coastal Market’, […]

CW Bureau · May 29, 2026

HOSPITALITY Indian Buyers Remain Dubai’s Largest Property Investor Group: Anarock

Indian investors continue to retain their position as the largest international buyer group in Dubai’s property market, accounting for an estimated 20-22% of all foreign real estate purchases in the Emirate, according to Anarock Group. The report comes amid record real estate transactions worth AED 917 billion in 2025 (₹2,400 crore), according to the Dubai […]

CW Bureau · May 29, 2026

HOSPITALITY Hotels Risk Losing Direct Bookings In AI Search Era, Says RateGain Report

RateGain Travel Technologies Ltd, a global provider of AI-powered SaaS solutions for the travel and hospitality industry, has released its Direct Booking Friction Report 2026, warning that hotels across the APMEA region are losing direct revenue because of friction within their own digital booking experience. The report highlighted that hotels are not losing bookings due […]

CW Bureau · May 29, 2026

HOSPITALITY Dr Agarwal’s Plans 60 New Facilities In FY27, Sets Aside ₹400 Cr Capex

Dr Agarwal’s Healthcare Ltd, the eyecare major, plans to commission 60 new facilities during FY27, including 40 surgical centres and 20 clinics, as the company accelerates its nationwide expansion strategy backed by a planned capital expenditure of ₹380 crore to ₹400 crore. Speaking to analysts, Chief Executive Officer Dr Adil Agarwal said the expansion would […]

CW Bureau · May 27, 2026

HOSPITALITY Prestige Estates Eyes 15–20% Growth In FY27, Plans Up To ₹4,500 Cr Capex

Prestige Estates Projects expects to achieve a growth of 15% to 20% in FY27, backed by strong residential demand, aggressive project launches and continued expansion across key markets, senior company officials said during the earnings call. The Bengaluru-headquartered real estate developer also plans a capital expenditure of around ₹4,000 crore to ₹4,500 crore during the […]

Sajan C Kumar · May 27, 2026

HOSPITALITY Shriram Properties Guides For ₹5,000 Cr Sales, PAT Of ₹2,500 Cr In FY28

Shriram Properties Ltd (SPL), a leading property developer, has guided for sales bookings of ₹3,300-3,500 crore in FY27, backed by a strong project pipeline, healthy residential demand and accelerated execution across key markets. The company expects sales volumes of 5-5.5 million sq. ft. during FY27, while customer collections are projected at ₹2,100-2,200 crore. Project deliveries […]

CW Bureau · May 26, 2026

HOSPITALITY Brigade Group Signs JDA For ₹850 Cr Residential Project In Hyderabad

Brigade Enterprises Ltd, a leading property developer, has signed a Joint Development Agreement (JDA) to develop a premium residential project on a 5.6-acre land parcel at Kompally in Hyderabad. The proposed project, located in the fast-growing North Hyderabad corridor, is expected to have a revenue potential of around ₹850 crore and will cater to rising […]

CW Bureau · May 25, 2026