HOSPITALITY IHCL Q2 PAT Rises 23% To ₹349 Cr, Revenue Surges 21% To ₹2,566 Cr

The Indian Hotels Company Ltd (IHCL), India’s largest hospitality company, reported a 23% year-on-year increase in consolidated profit after tax (PAT) to ₹349 crore for the second quarter of FY2027, while revenue rose 21% to ₹2,566 crore, marking its 18th consecutive record quarter. EBITDA increased 21% to ₹788 crore, with the EBITDA margin at 30.7%. […]

CW Bureau · Oct 21, 2026

HOSPITALITY IHCL Signs 215-Key Gateway Hotel In Lucknow, Expands UP Presence

Indian Hotels Company Ltd (IHCL), India’s largest hospitality company, has signed an agreement to develop a 215-room Gateway hotel in Lucknow, Uttar Pradesh, strengthening its presence in a market where infrastructure development and business activity are driving demand for hospitality services. The greenfield project will be located in Gomti Nagar, a prominent commercial and residential […]

CW Bureau · Oct 15, 2026

HOSPITALITY IHG To Develop 130-Key voco Hotel In Vrindavan, Opening Set For Q1 2031

IHG Hotels & Resorts has signed a management agreement with Vrindam Developers Pvt Ltd to develop voco Vrindavan, a 130-key premium hotel in Vrindavan, Uttar Pradesh. The hotel is scheduled to open in Q1 2031 and will mark Vrindam Developers’ entry into the hospitality sector. The project will strengthen IHG’s premium hotel portfolio in North […]

CW Bureau · Oct 6, 2026

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 · Oct 1, 2026

HOSPITALITY IHG Set To Bring voco Brand To Karjat With 200-Room Hotel By 2028

IHG Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Discover Resorts Neral Pvt. Ltd. to bring its premium voco brand to Karjat, Maharashtra. Under the agreement, the existing property will be converted into voco Karjat by early 2028, adding more than 200 rooms to IHG’s portfolio and […]

CW Bureau · Aug 25, 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 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 Radha Hotels Group Names S Sriram As Its New Chief Operating Officer

By Venkatachari Jagannathan Hospitality group Radha Hotels has appointed S Sriram as its Chief Operating Officer (COO), elevating a long-serving executive who has played a key role in the group’s operational and business growth. Sriram has been an integral part of the Radha Group and has held several leadership positions within the organisation. Before being elevated as […]

CW Bureau · Jun 19, 2026

HOSPITALITY Chhattisgarh Gets Garner Brand, IHG Hotels Inks Deal For Jagdalpur Hotel

IHG Hotels & Resorts has announced the signing of a franchise agreement for Garner Hotel Jagdalpur, marking the debut of the Garner brand in Chhattisgarh. The 117-key hotel will be developed by Freedom Hospitality and managed by United Hospitality Management. Garner expands India footprint Garner, IHG’s newest midscale conversion brand, is positioned in the essentials […]

CW Bureau · May 8, 2026

HOSPITALITY IHCL Debuts SeleQtions In Kanpur, Offers 104 Neo-Classical Rooms

Indian Hotels Company (IHCL), India’s largest hospitality company, has unveiled Eternity, Kanpur – IHCL SeleQtions, marking the brand’s debut in one of Uttar Pradesh’s key commercial centres. Strategically located on NH 91, away from the city’s bustle, the hotel features 104 neo-classical rooms offering sweeping cityscape views. Kanpur emerges as high-growth hospitality market IHCL executive […]

CW Bureau · Mar 31, 2026