HOSPITALITY
IHCL Signs 125-Room Gateway Hotel In Siliguri To Meet Tourism Demand
Indian Hotels Company (IHCL), India’s largest hospitality company, has signed a greenfield project to develop a 125-room Gateway hotel in Siliguri, West Bengal. The project will strengthen IHCL’s presence in Siliguri, a key commercial centre serving as a gateway to North Bengal, the Northeast and Bhutan. Gateway Siliguri to have 125 rooms Gateway Siliguri will […]
CW Bureau
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Oct 1, 2026
HOSPITALITY
Lemon Tree Hotels Forms JV With RJ Corp For Aurika Shillong Project
Lemon Tree Hotels Ltd’s wholly owned subsidiary Carnation Hotels Pvt Ltd has entered into a Joint Venture Agreement with RJ Corp Ltd for the development and execution of the Aurika Shillong project through Arum Hotels Pvt Ltd. Arum is the special purpose vehicle formed for the project and is currently a step-down wholly owned subsidiary […]
CW Bureau
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Sep 14, 2026
HOSPITALITY
Chalet Hotels Targets Disciplined Growth With 11 Hotels And 3,389 Keys
Chalet Hotels Ltd, a part of K. Raheja Corp group, which operates 11 hotels with 3,389 keys, is focusing on improving operating performance while expanding its portfolio through selective investments and new development opportunities. The company is targeting higher occupancies, improved average room rates and stronger food and beverage revenues, while also seeking to grow […]
CW Bureau
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Aug 29, 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
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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
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Aug 10, 2026
HOSPITALITY
IHG Signs Holiday Inn Hotel In Mandi, Expands Himachal Pradesh Presence
IHG Hotels & Resorts has signed a management agreement with Mac View Infrabiz Pvt Ltd for the development of Holiday Inn Mandi, further strengthening its presence in Himachal Pradesh and expanding its portfolio across high-growth commercial and transit destinations in North India. The proposed hotel will feature 100 keys and will be developed under the […]
CW Bureau
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Jun 10, 2026