HOSPITALITY Apollo Hospitals Q1 PAT Rises 34%; Revenue Climbs 21% To ₹7,043 Cr

Apollo Hospitals Enterprise Ltd reported a strong performance for the first quarter of FY27, with consolidated revenue rising 21% year-on-year to ₹7,043 crore, while reported profit after tax (PAT) increased 34% to ₹581 crore from ₹433 crore in Q1 FY26. Consolidated EBITDA grew 28% to ₹1,092 crore from ₹852 crore a year earlier. Diluted EPS […]

CW Bureau · Aug 12, 2026

HOSPITALITY Jonjua Overseas Signs MoU For Private Rooftop Helipad In Himachal

Jonjua Overseas Ltd has signed a Memorandum of Understanding (MoU) with entrepreneur Anjali Sharma to facilitate setting up of a private rooftop helipad near Rampur in Himachal Pradesh. The helipad will be located near the National Highway at Rampur BSR. The project aims to improve connectivity in the remote Himalayan region and support tourism, emergency […]

CW Bureau · Aug 11, 2026

HOSPITALITY Athulya Senior Care Opens Third Geriatric Care Centre In Bengaluru

Athulya Senior Care, India’s largest assisted living provider, inaugurated its third Integrated Geriatric Care Centre in Mathikere, Bengaluru. With more than 300 dedicated senior care beds across Bengaluru, Athulya is now the city’s largest provider of integrated geriatric care. Demand for elder care rises Older adults account for 9.2% of Karnataka’s population, among the highest […]

CW Bureau · Aug 10, 2026

HOSPITALITY Lemon Tree Hotels Signs Two Properties In Madurai & Mcleodganj

Lemon Tree Hotels Ltd, a leading hospitality company, has signed two License Agreements in Madurai and Mcleodganj under the Lemon Tree Premier and Keys Select by Lemon Tree Hotels brands. Both properties will be managed by wholly owned subsidiary Carnation Hotels Pvt Ltd. Lemon Tree Premier, Madurai will have 100 rooms, while Keys Select by […]

CW Bureau · Aug 10, 2026

HOSPITALITY Embassy Developments Hits ₹868 Cr Q1 Pre-Sales, Keeps ₹8,000-Cr Goal

Embassy Developments Ltd has started FY27 on a strong note, with pre-sales in the first quarter surging 338% year-on-year to approximately ₹868 crore, backed by sustained demand for its residential projects. Collections during Q1 FY27 grew 54% to approximately ₹496 crore, according to Aditya Virwani, Managing Director & Promoter, Embassy Developments. “We have started FY27 […]

CW Bureau · Aug 10, 2026

HOSPITALITY Leela Palaces Proposes To Invest ₹185 Cr In Ayodhya Hotel Subsidiary

Leela Palaces Hotels & Resorts Ltd has proposed to invest up to ₹185 crore in its subsidiary Buildminds Real Estate Pvt Ltd through subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds, incorporated on April 23, 2024, is developing an upcoming five-star hotel in Ayodhya. The investment will support its capital requirements and ongoing business operations. […]

CW Bureau · Aug 10, 2026

HOSPITALITY Mahindra Group Sharpens Focus On Holidays, Lifespaces To Boost Growth

Mahindra Group has announced a dedicated strategic focus on its Holidays and Lifespaces sectors, aimed at accelerating growth and unlocking operational synergies between the two businesses. The move comes as the group seeks to build on the strong performance of its “Growth Gems” over the past five years. Several businesses identified under this portfolio have […]

CW Bureau · Aug 10, 2026

HOSPITALITY Kolte-Patil Bets Big On MMR With Six Redevelopment Projects Of ₹6,000 Cr

Kolte-Patil Developers Ltd has significantly strengthened its Mumbai growth strategy by adding six society redevelopment projects across the Mumbai Metropolitan Region (MMR), with a combined estimated gross development value (GDV) of ₹6,000 crore. The latest acquisitions represent the Pune-based real estate developer’s largest annual business development addition in MMR to date, underscoring its growing focus […]

CW Bureau · Aug 6, 2026

HOSPITALITY Lemon Tree Hotels Signs 24-Room First Keys Lite Property In Manali

Lemon Tree Hotels Ltd has entered Manali with the signing of Keys Lite by Lemon Tree Hotels, marking the brand’s debut in one of North India’s most popular leisure destinations. The 24-room property will be operated under a franchise agreement, strengthening the hospitality company’s presence in Himachal Pradesh. Expands Himachal portfolio With this signing, Lemon […]

CW Bureau · Aug 6, 2026

HOSPITALITY Chalet Hotels Expands Athiva Brand With New Hyderabad, Pune Hotels

Chalet Hotels Ltd has expanded its hospitality pipeline with two new upper-upscale hotels under its in-house brand Athiva in Hyderabad and Pune. The projects will add 150 keys to Hyderabad’s portfolio and 231-keys in Pune. The additions will strengthen Chalet’s presence in both cities and support Athiva’s expansion as a pan-India premium lifestyle hospitality brand. […]

CW Bureau · Aug 5, 2026

HOSPITALITY Park Medi World Buys Mehar Hospital For ₹107 Cr, Boosts Tricity Footprint

Park Medi World Ltd has signed a definitive agreement to acquire Mehar Hospital in Zirakpur, Punjab, for ₹107 crore in an all-cash deal, further expanding its footprint in North India’s fast-growing healthcare market. The 150-bed multi-super speciality hospital will be rebranded under the Park name and is expected to commence operations as part of the […]

CW Bureau · Aug 3, 2026

HOSPITALITY Park Enters Uttarakhand With 330-Bed Medicity Hospital In Rudrapur

Park Group of Hospitals has expanded its footprint in North India with the launch of The Medicity Hospital, Rudrapur, a 330-bed multi-super-specialty facility that marks the group’s entry into Uttarakhand and strengthens its presence across six states. The company said the new hospital is the largest healthcare facility in the Kumaon region and forms part […]

CW Bureau · Aug 2, 2026