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Total 19 Results

Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1148 Views
Sun Estates Developers Launches Ambitious INR 1000 Crore Hospitality Venture in Goa

Sun Estates Developers expands into Goa's hotel market, investing ₹1000 crore in several projects. This strategy builds on their previous successes, like buying the Astor Hotel.

By Admin

  • 29th Apr 2024
  • 1151 Views
Singapore Based Ascott Unveils Premier Serviced Apartments in Gurugram, Expanding its Indian Portfolio

The Ascott Limited, Singapore's hospitality giant, launches Citadines Paras Square Gurugram in North India via a strategic partnership with Paras Buildtech. Ascott's first hotel in the dynamic area expands its Indian portfolio to 18 hotels in Bangalore, Hyderabad, Pune, Goa, and Chennai.

By Admin

  • 7th Apr 2024
  • 1192 Views
Oberoi Group Will Have 50 New Hotels by 2030

Vikram Oberoi, CEO and MD of EIH Limited, is leading the Oberoi Group in establishing 50 additional hotels by 2030 to expand its portfolio. The Skift India Summit announced this expansion to strengthen Oberoi and Trident brands in desirable locations. Oberoi explained his plan to integrate smaller,

By Admin

  • 21st Mar 2024
  • 1168 Views
Keys Lite by Lemon Tree Hotels Set to Debut in Coimbatore

Lemon Tree Hotels proudly announces the signing of its newest venture – Keys Lite by Lemon Tree Hotels, Coimbatore.

By Admin

  • 14th Mar 2024
  • 1169 Views
Lemon Tree Hotels Adding 2 New Hotels in Rajasthan & Vijaywada

Legendary hospitality brand Lemon Tree Hotels is expanding. With two additional hotels, the hotel chain will expand its offers and strengthen its position in the competitive hospitality sector.

By Admin

  • 1st Mar 2024
  • 1221 Views
Reliaable Developers and Oakwood Unveil Innovative Hybrid Units in Bengaluru

Reliaable Developers and Oakwood Hotels, part of The Ascott Limited, are collaborating to build a unique resort on the busy HSR-Sarjapur Road-Electronic City corridor. This partnership demonstrates Reliaable Developers' dedication to provide luxury and unmatched experiences.

By Admin

  • 24th Feb 2024
  • 1191 Views
GIFT City's Leap into Ultra-Luxury Envisioning a Premier Hospitality Landmark

The Gujarat International Finance Tec-City Company (GIFTCL) is set to embark on a groundbreaking venture, introducing the first ultra-luxury hotel within the domestic tariff area (DTA) of GIFT City, Gandhinagar district.

By Admin

  • 19th Feb 2024
  • 1198 Views
Can The Branded Rental Villa Market in India Redefine Luxury Living?

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.

By Admin

  • 16th Feb 2024
  • 1183 Views
Exploring Popular Trends in Indian Hospitality Sector in 2024

Indian hospitality is undergoing a change in 2024, with new trends expected to revolutionise visitor experiences. Staying on top of these trends is crucial for industry experts and firms to remain ahead of the competition.

By Admin

  • 14th Jan 2024
  • 1178 Views
Colliers India Completes the Sale of a Boutique Hotel in Bangalore on Behalf of a Prominent Hospitality Group

A prominent hospitality company sold a Bangalore boutique hotel via Colliers India. Colliers worked well with the Asset Reconstruction Company (ARC), Trustee, bank, buyer, and seller to complete this 150,000-square-foot transaction.

By Admin

  • 7th Jan 2024
  • 1231 Views
Lemon Tree Hotels Expands its Horizon with a New Enchanting Retreat in Mussoorie

In 2025, Lemon Tree Hotels will launch its Mussoorie hotel. The Queen of the Hills, Mussoorie, Uttarakhand, will get a new gem from this Lemon Tree Hotels franchise. This hotel offers stunning vistas and a Himalayan experience at 2,000 metres above sea level.

By Admin

  • 31st Dec 2023
  • 1228 Views
ITC Owned Fortune Hotels Expands into Kerala with Two New Upscale Properties in Kochi

The Fortune Hotels of the ITC hotel group have obtained arrangements to run two upmarket Fortune Park hotels in Kochi, Athani and Kakkanad. Fortune Hotels' 2025 Kerala launch is anticipated.

By Admin

  • 8th Dec 2023
  • 1391 Views
RMZ Corp Aims For Strong Annuity With a 25 Billion USD Asset creation

Bangalore-based RMZ Corporation announced its decision to become an alternative asset owner. By 2029, the company aims to quadruple its rent-yielding real estate activities to USD 42 billion.

By Admin

  • 24th Nov 2023
  • 1261 Views
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