HOSPITALITY IHCL Confident Of Double-Digit FY27 Growth; Portfolio To Cross 650 Hotels

Indian Hotels Company Ltd (IHCL), India’s largest hospitality company, is confident of sustaining double-digit revenue growth in FY27, backed by a robust pipeline of hotel openings, higher management fee income, improved performance from renovated properties and an asset-light expansion strategy. Speaking to analysts after the company’s Q1 FY27 earnings, IHCL Managing Director and Chief Executive […]

CW Bureau · Jul 27, 2026

HOSPITALITY Mahindra Holidays On Track To Add 1,000 Keys In FY27 Despite Hurdles

Mahindra Holidays & Resorts India Ltd (MHRIL), the leisure hospitality arm of the Mahindra Group, has reaffirmed its expansion roadmap, saying it remains on track to add around 1,000 room keys during FY27 and has clear visibility to achieve its target of 10,000 keys by FY30, despite facing temporary execution challenges during the first quarter. […]

CW Bureau · Jul 22, 2026

HOSPITALITY ITC Hotels To Acquire 130-Key Welcomhotel Ahmedabad For ₹155 Cr

ITC Hotels Ltd has signed a definitive agreement to acquire 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns the 130-key Welcomhotel Ahmedabad. The acquisition will be completed at an enterprise value of ₹155 crore on a debt-free and cash-free basis through a combination of primary subscription and secondary purchase of GHK’s equity […]

CW Bureau · Jul 16, 2026

HOSPITALITY Brigade Hotel Ventures’ ₹3,600-Cr Expansion Eyes Premium Growth

Brigade Hotel Ventures Ltd (BHVL), the hospitality arm of Brigade Group, has unveiled an ambitious expansion roadmap with a planned capital expenditure of ₹3,600 crore, as the listed hotel company looks to strengthen its presence across key markets and expand its portfolio of premium and luxury assets. The investment programme will be financed through a […]

CW Bureau · Jul 15, 2026

HOSPITALITY IHG Brings 140-Key voco Hotel To Udaipur, Boosts Premium Footprint

IHG Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Circle View Estate Pvt Ltd to develop voco Udaipur, marking another step in the expansion of its premium hospitality portfolio in India. Scheduled to open in the first quarter of 2029, the 140-key greenfield hotel will strengthen the […]

CW Bureau · Jun 16, 2026

HOSPITALITY Hilton Signs Pact For First Hilton Garden Inn In Kompally Hyderabad

Hilton, a global hospitality company, has strengthened its presence in Hyderabad by signing a 96-key Hilton Garden Inn Hyderabad Kompally, expected to open in 2028. The hotel, Hilton’s third property in Hyderabad and its first Hilton Garden Inn in the city, will be developed by Fairmount and Friends LLP, part of the Fairmount Group. Hyderabad […]

CW Bureau · May 21, 2026

HOSPITALITY ITC Hotels Accelerates Asset-Right Strategy To Have 250 Hotels By 2031

ITC Hotels Ltd is pursuing an asset-right strategy to expand its portfolio to 250 operational hotels with more than 22,000 keys by 2031, amid rising domestic and global demand for hospitality services. The hospitality major said it would continue partnering with asset owners to strengthen its footprint across Tier II and Tier III cities, supported […]

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 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

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 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