HOSPITALITY Premium Offices Tighten Dominance As Middle Tier Spaces Struggle

Anarock Group has highlighted a widening divide in India’s commercial office market, with Grade A office spaces witnessing record leasing demand while mid-tier and secondary office assets continue to lose occupier interest. According to Anarock, Grade A office leasing across the top seven cities touched a record 58.2 million sq ft in 2025, registering a […]

CW Bureau · May 15, 2026

HOSPITALITY Wonderla Eyes New Parks, Resorts Expansion Amid Demand Growth

Amusement park operator Wonderla Holidays Ltd is planning to expand its footprint through new parks, resort projects and upgrades to existing properties as it remains optimistic about demand growth in FY27. The company currently operates five parks in Chennai, Bengaluru, Kochi, Hyderabad and Bhubaneswar and plans are on to add at least five more over […]

CW Bureau · May 15, 2026

HOSPITALITY Lemon Tree Hotels Opens Second Hotel In Bhubaneswar With 65 Keys

Lemon Tree Hotels Ltd, a leading hospitality company, has expanded its presence in Eastern India with the opening of its second hotel in Bhubaneswar. The new property, located in Bharatpur, features 65 rooms and is positioned to cater to business, leisure, medical and spiritual travellers. Of the total inventory, 50 rooms commenced operations on May […]

CW Bureau · May 14, 2026

HOSPITALITY Adani Airport Holdings, IHG Sign Five-Hotel Pact; Kimpton To Debut In India

Adani Airport Holdings Ltd and IHG Hotels & Resorts have signed a managed hotel portfolio agreement to develop five hotels across airport-linked and high-growth urban destinations in India. The agreement will add nearly 1,500 keys across multiple hospitality brands and locations as part of IHG’s expansion strategy in India. The companies said the development is […]

CW Bureau · May 14, 2026

HOSPITALITY IHCL To Develop Goa Gateway Resort Near Colva Beach With Dempo Group

Indian Hotels Company Ltd (IHCL) has announced the signing of a new Gateway-branded resort project in South Goa near Colva Beach, strengthening its presence in one of India’s key leisure tourism markets. The greenfield project, spread across 2.9 acres, will be developed as Gateway Resort Colva Beach Road, Goa and will feature 175 rooms with […]

CW Bureau · May 14, 2026

HOSPITALITY IHCL Hits 630-Hotel Milestone, Posts Record FY26 Net Profit Of ₹2,084 Cr

The Indian Hotels Company Ltd (IHCL) has accelerated its expansion strategy by adding three new brands in FY26, taking its total major brand count to 14. The hospitality major also achieved a record 250 hotel signings during the year, pushing its portfolio to 630 hotels with a robust pipeline of 255 properties. The company opened […]

CW Bureau · May 12, 2026

HOSPITALITY Brigade Enterprises To Invest ₹6,000 Cr In Commercial Projects in 4 Years

Leading realtor Brigade Enterprises Ltd is targeting at least 20% growth in pre-sales to around ₹9,000 crore in FY27, supported by a strong residential launch pipeline and expansion of its commercial portfolio across multiple cities. Managing Director Pavitra Shankar said during the earnings call that the company remains watchful of macroeconomic uncertainty arising from geopolitical […]

CW Bureau · May 12, 2026

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