Hotels
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CG Group to take CG Hospitality Global and The Fern brand public, sets sights on aggressive growth
CG Group, a multinational conglomerate, plans to gradually take its hospitality company CG Hospitality Global and The Fern brand public over time, according to...
Marriott International sees India as a ‘shining star’ for growth with plans to expand to 250 hotels in next five years
India continues to be a 'shining star around the world' in terms of growth opportunities for Marriott International, according to a top executive at...
Wyndham Hotels & Resorts eyes massive growth in India amidst anticipated surge in domestic air travel
Wyndham Hotels & Resorts, the world's largest hotel franchisor, is betting big on India's air travel market, with Dimitris Manikis, the company's president for...
Sarovar Hotels accelerates expansion drive, aims for 150 properties by 2025
Sarovar Hotels aims to expand its portfolio to 150 hotels by 2025, representing a nearly 30% increase from the current count in the coming...
Accor bullish on India, plans to launch 30 new luxury hotels with 5,500 rooms over next 3-5 years
India should expect the opening of more luxury hotels from renowned brands like Fairmont, Raffles, and Sofitel, as stated by Sébastien Bazin, the group...
After $4M Series A funding, Brij Hotels targets 50 boutique properties in five-year plan
Brij Hotels aims to have 50 operational boutique hotels in the next five years before considering international expansion, according to its co-founder Udit Kumar.The...
Royal Orchid Hotels to expand footprint in India with 30-35 new properties in the coming year
Royal Orchid Hotels is set to expand its reach across India in the fiscal year 2024-25, with plans to add 30-35 new properties comprising...
IHCL triples hotel signings in FY24, surpassing expansion targets ahead of schedule
In FY24, the Indian Hotels Company Ltd (IHCL) inked deals for 52 hotels, almost tripling its signings from FY22 and boosting its expansion rate.The...
Retail brands flock to religious cities as spiritual tourism surges
Retail brands are actively expanding into religious cities, drawn by the burgeoning tourism industry and the opportunity to establish a presence in these promising...
Suba Group of Hotels partners with Hotelogix for cloud-based multi-property management system, enhancing operations and growth
Hotelogix, a leading cloud-based hospitality technology provider, announced that India's Suba Group of Hotels has implemented its multi-property management system. Hotelogix will equip the...
Oberoi Group eyes expansion with 50 new hotels by 2030
The Oberoi Group, a hospitality major, plans to open 50 new hotels by 2030, as stated by Vikram Oberoi, CEO and MD of EIH...
Hotels set to achieve 11-13% revenue growth in next fiscal despite high base: CRISIL Ratings
According to a recent CRISIL Ratings analysis of branded hotel companies with 70,000 rooms across categories, the hospitality industry in India is poised for...