HOSPITALITY Brigade Hotel Ventures Names Vinay Gupta As Its Chief Executive Officer

Brigade Hotel Ventures Ltd (BHVL), a hospitality company, has appointed Vinay Gupta as Chief Executive Officer, as the company strengthens its leadership team and prepares for its next phase of expansion. In his new role, Gupta will lead a team of seasoned professionals and oversee BHVL’s business growth, operational expansion and long-term value creation. Leadership […]

CW Bureau · Aug 24, 2026

HOSPITALITY IHCL-OHL Merger: Why The Deal Matters For Taj’s South India Portfolio

The proposed merger of Oriental Hotels Ltd (OHL) with The Indian Hotels Company Ltd (IHCL) is more than a restructuring of two related hospitality companies. It is aimed at simplifying the group’s holding structure while bringing a strategically important portfolio of hotels under IHCL’s direct ownership and giving OHL shareholders a direct stake in India’s […]

Sajan C Kumar · Aug 24, 2026

HOSPITALITY Lemon Tree Hotels Opens 85-Key Hotel In Bharuch, Expands In Gujarat

Lemon Tree Hotels Ltd, a leading hospitality chain, has opened an 85-key Lemon Tree Hotel in Bharuch, marking its 12th operational hotel in Gujarat and strengthening its presence across the State. With 20 hotels in the pipeline, the expansion underlines the company’s long-term focus on Gujarat as a strategically important market. The property is managed […]

CW Bureau · Aug 20, 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 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 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 Lemon Tree Hotels Expands In Nepal With Third Property In Biratnagar

Lemon Tree Hotels Ltd has expanded its international footprint with the opening of its third hotel in Nepal; an 80-key Lemon Tree Premier in Biratnagar. Located in Biratnagar, the capital of Koshi Province and a key industrial and commercial hub, the hotel is positioned to cater to rising business and tourism demand in eastern Nepal. […]

CW Bureau · May 1, 2026

HOSPITALITY Hilton Worldwide Reports 28% Rise In Q1 Net Income; Raises CY26 Outlook

Global hospitality company Hilton Worldwide Holdings Inc reported a 28% increase in net income at $383 million for the first quarter of 2026 compared with the year-ago period, and raised its outlook for the full year. The company expects system-wide Revenue Per Available Room (RevPAR) to grow 2%–3% in 2026, with net income projected between […]

CW Bureau · Apr 29, 2026

HOSPITALITY SAMHI Skyline Inks Pact With Ingka Centres For Upscale Hotel In Noida

SAMHI Skyline Pvt Ltd has entered into a long-term lease/sub-lease agreement with INGKA Centres India Pvt Ltd for the development of a 162-room upscale hotel in Noida, as part of a larger mixed-use project. According to the terms of the agreement, the proposed hotel will form part of an integrated development comprising commercial, hospitality and […]

CW Bureau · Apr 15, 2026

HOSPITALITY Samhi Hotels Forays Into Experiential Leisure, Buys 70% Rare India Stake

Samhi Hotels Ltd is set to enter the fast-growing experiential leisure hospitality segment through an asset-light platform investment, acquiring a 70% stake in Rare India in two tranches for a total consideration of ₹47 crore. The acquisition will be executed through a primary investment of ₹23 crore in the company and a secondary purchase of […]

CW Bureau · Mar 6, 2026