Tag: Hotel Industry
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