Hotels / Restaurants
IHCL puts spotlight on North East for development of new properties
Indian Hotels Company is focusing on developing properties in North East India. This move aligns with India's ambition to develop the region. IHCL has plans for new hotels in Assam, including Jagiroad and Kaziranga. The company will upgrade the Vivanta in Guwahati to Taj. IHCL also signed its first Taj Palace property in Agartala, Tripura.
Retailers, restaurants in tech hubs fear festive slump amid TCS, IT layoffs
Tata Consultancy Services' layoff announcement has sparked concerns among pubs, restaurants, and retailers, particularly in IT hubs like Bengaluru and Hyderabad. Delayed salary hikes and a poor business outlook have already led to reduced consumer spending by IT professionals. The real estate sector remains cautiously optimistic, anticipating a short-lived impact with demand potentially shifting towards non-IT sectors.
Malls, restaurants & hotels turn galleries for art
Art is now finding its way into malls, restaurants, and hotels. Developers like DLF and Prestige are showcasing art. Hotel chains like Leela are opening art-focused restaurants. Ambrosia Hospitality's Arts Room allows diners to buy art via QR codes. Experts believe this trend will create more art awareness. Even cultural centers and museums are incorporating retail spaces.
Hotels gear up for busy Independence Day weekend
Hotels and resorts across India are experiencing high demand for the Independence Day long weekend, with many destinations already significantly booked. Room tariffs have increased by 10-15% compared to last year, driven by travelers seeking premium experiences. Popular destinations include Goa, Udaipur, Lonavala, and spiritual circuits, with cruise tourism also seeing a surge in interest.
Supreme Court dismisses Hyatt International Southwest Asia's appeal in tax case
The apex court said that on the basis of all the materials available on record, Hyatt is a permanent establishment, so tax procedures are applicable to it.
Radisson Hotel Group launches Radisson Flights in India with Etraveli Group
Radisson Hotel Group has introduced Radisson Flights in India, collaborating with Etraveli Group to provide a seamless booking experience. This digital platform allows Indian guests to book flights and hotels in a single transaction via the Radisson Hotels platform. The launch is part of a global expansion, aiming to meet the increasing demand for convenient travel solutions in India.
Hotels revamp services and offerings in a bid to resonate better with guests
Hotels are evolving to meet modern traveler expectations by offering curated, personalized experiences. Properties are introducing innovative concepts like cocktail bar check-ins, smart laundry closets, and AI-enabled gyms. Chains are also partnering with literary companies, offering spiritual concierge services, and extending spa timings to cater to diverse guest preferences and enhance their overall stay.
IHCL, Ambuja Neotia Group ink pact for 15 new hotels, focus on east, northeast region
Indian Hotels Company (IHCL) and Ambuja Neotia Group have announced a partnership. They will develop 15 new hotels, primarily in east and northeast India. Ambuja Neotia Group will invest up to Rs 2,000 crore. The hotels will be a mix of greenfield, brownfield, and conversion projects. These projects will add over 1,000 rooms to the existing 1,500.
For Breitling, the good times continue in India
While the global luxury market may slow down, India shows promise, with Breitling experiencing significant growth. Swiss watch exports to India increased, contrasting with declines in other major markets. The brand aims to expand its presence, but high duties and limited retail space pose challenges. India's young population and entrepreneurs are expected to drive future growth.
Roseate Hotels looking to diversify portfolio with managed properties in Dubai, Italy, France and more: CEO
Roseate Hotels and Resorts plans expansion. The luxury hotel chain aims to explore markets like Dubai, Italy, and Switzerland. They will manage and own properties. Focus remains on upscale Indian market growth in tier 2 and 3 cities. Roseate will open a Noida hotel near Jewar airport. Expansion also includes Rishikesh and Goa properties.
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ITC Hotels plans to expand portfolio to over 220 units by 2030
ITC Hotels plans significant expansion. The company aims to have over 220 operational units with 20,000 keys by 2030. Growth will be driven by management contracts and franchise agreements. Seventy percent of keys will operate under this model. The company focuses on partnerships and leveraging brand credentials. Thirty hotels launched in two years, mostly managed or franchised.
IHCL Q1 profit rises 19% YoY; records 13th straight quarter of growth despite global headwinds
Indian Hotels Company, backed by Tata Group, announces impressive first quarter results. Revenue reached ₹2,102 crore, a 32% increase. Profit after tax rose by 19% to ₹296 crore. The company signed 12 new hotels, expanding its portfolio. Six new hotels opened during the quarter. IHCL's domestic hotels showed strong revenue growth.
Delhi govt's ease-of-doing-biz boost to hospitality sector: Eating house certificate norm relaxed
In a move to boost ease of doing business, the Delhi government has eliminated the requirement for the "Eating House Registration and Lodging Certificate" for hotels, clubs, and restaurants.
Not just Taj: Tata Group-owned Indian Hotels' diversified portfolio fuels 13th record quarter
Indian Hotels Company Limited is experiencing significant growth. This growth is fueled by new ventures like Ginger, Qmin, and amã Stays & Trails. These businesses contributed substantially to IHCL's revenue. Ginger leads with impressive revenue and margins. Qmin expands its presence across various formats. amã Stays & Trails capitalizes on experiential travel demand.
IHCL acquires over 3.3 lakh shares in wholly-owned arm for over Rs 165 cr
Indian Hotels Company Ltd has invested over Rs 165 crore to acquire 3.3 lakh equity shares in its wholly-owned subsidiary, ELEL Hotel and Investment Ltd, through a rights issue. This investment aims to develop Taj Bandstand on the land parcel at Bandstand Bandra, for which ELEL Hotel holds the leasehold rights.
Oberoi Hotels & Resorts voted the best hotel group in the world at The Telegraph Travel Awards 2025
The Oberoi Group's Oberoi Hotels & Resorts secured the title of 'Best Hotel Group in the World' at the Telegraph Travel Awards 2025, UK. Furthermore, The Oberoi Luxury Nile Cruisers were awarded 'Best River Cruise Line'.
