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

HOSPITALITY ClubMahindra Names Rajiv Vimal As New CFO; Agarwal Gets New Role

Mahindra Holidays & Resorts India Ltd (ClubMahindra) has announced a key leadership change at the company with the Board approving the appointment of Rajiv Vimal as Chief Financial Officer, effective July 1, 2026. The move comes following the resignation of Vimal Agarwal, who is set to transition to a new role within the Mahindra Group. […]

CW Bureau · May 5, 2026

HOSPITALITY Espire Hospitality Pact With Marriott For Ultra-Luxury Resort In Vrindavan

Espire Hospitality Ltd has entered into an agreement with JW Marriott Resort & Spa to manage its upcoming ultra-luxury resort in Vrindavan, marking a significant expansion of its premium portfolio. The 14-acre project, slated to open in January 2029, will feature 151 keys, including luxury rooms, villas with cascading waterfalls, and a Presidential Suite, aimed […]

CW Bureau · May 4, 2026

HOSPITALITY Oriental Hotels Q4 PAT Soars 108% To ₹29 Cr; Revenue Up 15% To ₹141 Cr

Oriental Hotels Ltd (OHL) delivered a robust performance in Q4FY26, with sharp gains in profitability and steady revenue growth, supported by strong domestic travel demand and operational efficiencies. Q4: Profit more than doublesThe company reported a standalone profit after tax (PAT) of ₹29.16 crore for the March quarter, marking a 108% year-on-year surge compared to […]

CW Bureau · May 4, 2026

HOSPITALITY Godrej Properties Q4 Profit Zooms 70% To ₹650 Cr, Income At ₹3,895 Cr

Godrej Properties Ltd (GPL) reported a robust performance for Q4FY26, capping what the company described as a record-breaking financial year driven by strong housing demand and execution momentum across key markets. Earnings surge in Q4Consolidated net profit jumped 70% year-on-year to ₹650 crore in Q4FY26, while EBITDA rose 51% to ₹959 crore. Total income grew […]

CW Bureau · May 4, 2026

HOSPITALITY Lemon Tree Hotels Expands In Nepal With Third Property In Biratnagar

Lemon Tree Hotels Ltd has expanded its international footprint with the opening of its third hotel in Nepal; an 80-key Lemon Tree Premier in Biratnagar. Located in Biratnagar, the capital of Koshi Province and a key industrial and commercial hub, the hotel is positioned to cater to rising business and tourism demand in eastern Nepal. […]

CW Bureau · May 1, 2026

HOSPITALITY Homestay: IHCL Takes amã Stays & Trails To Andaman & Nicobar Islands

amã Stays & Trails, the premium homestay offering from Indian Hotels Company Ltd (IHCL), has announced the signing of a cluster of bungalows in Port Blair in the Andaman and Nicobar Islands. Strategic expansion into island destinations IHCL Managing Director and CEO Puneet Chhatwal said, “As travel preferences continue to evolve towards experience-led stays, the […]

CW Bureau · Apr 30, 2026

HOSPITALITY IHG Signs Holiday Inn Resort Alwar, Targets Emerging Leisure Market

IHG Hotels & Resorts has signed a management agreement with Yash Hotels & Resorts LLP to develop Holiday Inn Resort Alwar, marking its entry into the Rajasthan city. Slated to open in Q1 2030, the signing reinforces IHG’s strategy to expand its footprint across high-potential leisure and emerging destinations in India. The 150-key resort is […]

CW Bureau · Apr 29, 2026