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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.
- 1st May 2024
- 1149 Views
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.
- 29th Apr 2024
- 1152 Views
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.
- 7th Apr 2024
- 1193 Views
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,
- 21st Mar 2024
- 1168 Views
At Sarovar Hotels, our vision is to become the preferred choice for guests, ensuring they return time and again. We achieve this by curating a diverse spectrum of services that uphold superior standards in accommodation, culinary offerings, staff professionalism, and facilities.
- 14th Mar 2024
- 1179 Views
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.
- 1st Mar 2024
- 1221 Views
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.
- 24th Feb 2024
- 1192 Views
Brigade Group's ambitious residential and hotel growth plans are transforming Chennai's environment. This move will revolutionise luxury living and recreation in a fast-growing Indian city.
- 22nd Feb 2024
- 1211 Views
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.
- 19th Feb 2024
- 1199 Views
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.
- 16th Feb 2024
- 1184 Views
Imagine stepping into a living space that mirrors the luxury and service of a premier hotel, yet feels unmistakably like home. This is the essence of Squarefeet Group's new project.
- 12th Feb 2024
- 1266 Views
In 2026, the Tata Group will build two Taj resorts on Lakshadweep's Suheli and Kadmat islands. This development has garnered notice after Prime Minister Narendra Modi's visit and the Maldives conversation.
- 10th Jan 2024
- 1245 Views
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.
- 31st Dec 2023
- 1228 Views
K Raheja Corp-backed Mindspace Business Parks REIT aims to create an 8 lakh-square-foot mixed-use building with commercial offices and a luxury hotel in its Airoli east business park in Mumbai.
- 1st Nov 2023
- 1280 Views
The post-covid age has seen a rebirth in the luxury hotel business in India as more and more people seek out luxurious vacations and accommodations.
- 12th Apr 2023
- 1287 Views