Tag: Hospitality Sector
HOSPITALITY IHCL Opens Ginger Goa, Arpora With 77 Rooms; Targets Business Events

Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the opening of Ginger Goa, Arpora, expanding the Ginger brand’s presence in Goa. Located in North Goa, the new hotel features 77 rooms and is designed around Ginger’s lean luxe positioning, combining contemporary design with social spaces and modern amenities. Contemporary stay in North Goa […]

CW Bureau · Sep 22, 2026
HOSPITALITY Juniper Hotels To Acquire Novotel Imagicaa For ₹248 Cr In Maharashtra

Juniper Hotels Ltd has proposed to acquire the operating Novotel Imagicaa hotel from Imagicaaworld Entertainment Ltd for an aggregate consideration of ₹248 crore, translating to approximately ₹86 lakh per key. The transaction, which is subject to definitive agreements and customary closing conditions, will add the 287-key leisure hotel in Khopoli, Maharashtra, to Juniper Hotels’ portfolio. […]

CW Bureau · Sep 16, 2026
HOSPITALITY Seeking Synergies: Oriental Hotels Approves Merger With Indian Hotels

The board of directors of Oriental Hotels Ltd (OHL) has approved a scheme of arrangement for the amalgamation of the company with The Indian Hotels Company Ltd (IHCL), subject to requisite regulatory, shareholder and creditor approvals. Board approves amalgamation The approval was given at OHL’s board meeting on August 24, 2026, based on the recommendations […]

CW Bureau · Aug 24, 2026
HOSPITALITY Viceroy Hotels Targets 10,000 Keys Across India As It Steps Up Expansion

Viceroy Hotels Ltd (VHL), which has built a legacy in the premium hospitality sector since 1965, plans to scale its portfolio to over 10,000 rooms across India, driven by strategic acquisitions, greenfield developments and asset enhancements. The company is targeting growth across business, leisure, luxury and destination segments, with a focus on building a differentiated […]

CW Bureau · Aug 20, 2026
HOSPITALITY Lemon Tree Hotels Announces New Properties In Nepal, Andhra Pradesh

Lemon Tree Hotels Ltd has expanded its hospitality pipeline with the signing of two new properties, one in Nepal and another in Andhra Pradesh, as it continues to deepen its presence in high-growth domestic and international markets. The company has signed Lemon Tree Hotel, Siddharthanagar in Nepal and Keys Select by Lemon Tree Hotels, Vijayawada […]

CW Bureau · Jul 30, 2026
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