Hotels / Restaurants
TajGVK Hotels & Resorts rebranded as Krishna GVK Luxury Hotels
TajGVK Hotels & Resorts Limited has been rebranded as Krishna GVK Luxury Hotels Limited after a recent ownership change. The company was formed in 1995 as a joint venture between the GVK-Bhupal family and IHCL. As IHCL sold its entire stake in December 2025, the GVK-Bhupal family now fully owns the hotels. The hotel brand will remain Taj, operated by IHCL through management agreements.
IHCL and Ambuja Neotia Group announce new hotels in Kolkata and Siliguri
Ambuja Neotia Group plans to invest Rs 2,700 crore in West Bengal's hospitality sector, which includes new hotel launches. The newly opened AltAir House hotels in Kolkata and Siliguri are part of this initiative. A significant expansion of Taj Chia Kutir Resort & Spa in Darjeeling also forms part of the investment. The collaboration aims to enhance tourism and create unique travel experiences in the region.
Hyatt signs deal with Saraca Hotels to add four branded properties in UP, Uttarakhand
Hyatt Hotels Corporation has signed agreements with Saraca Hotels & Resorts to introduce four new hotels in India. This partnership will expand Hyatt's brand presence in Uttar Pradesh and Uttarakhand. The agreement introduces the Unscripted by Hyatt brand to India through Saraca Hotel Lucknow and Saraca Resort & Spa Corbett. Additionally, two hotels under the Destination by Hyatt and Hyatt Place brands will be established near Jim Corbett National Park.
First-time investors turn to India's hospitality sector for diversified income and long-term growth
India is witnessing a rise in first-time hotel owners, with entrepreneurs, real estate developers, industrial families and landowners entering the hospitality sector. Nearly seven in 10 branded hotel keys signed this year are outside Tier 1 cities, according to Noesis Hotel Advisors. Industry executives say growing domestic travel, better connectivity and demand from leisure, business, weddings and pilgrimage are creating opportunities for new investors.
IHCL and AAHL partner for multi operating hotel agreement
Tata Group-backed Indian Hotels Company and Adani Airport Holdings Limited announced a multi-hotel operating agreement. This agreement involves eight hotels that will include more than 2,000 rooms across four cities in India. The hotels will operate under various brands, including Taj, Vivanta, Gateway, and Ginger. IHCL aims to strengthen its presence with 25 hotels at key airports in India.
K Hospitality targets Rs 6,000 crore system-wide sales by FY30, plans Rs 100 crore expansion
K Hospitality plans to reach Rs 6,000 crore in system-wide sales by 2029-30 as it expands its operations. The company will focus on growth through its restaurant, QSR, and institutional food service businesses. K Hospitality aims to open around 40 new restaurants in major metropolitan areas this financial year. The firm intends to invest approximately Rs 100 crore in this restaurant expansion.
Kerten Hospitality aims to operate 5,000-7,000 keys in India over the next five years: CEO
Introducing its first hotel in Shimla, Kerten Hospitality, an innovative Irish lifestyle brand, has officially launched in India. The company's ambitious expansion plan aims for management of 5000 to 7000 hotel keys over the next five years. Operating in 12 countries, Kerten is devoted to lifestyle-driven hospitality and engaging with local communities.
'National interest, safety' outweigh disclosure: CIC upholds denial of Ashok Hotel structural report
The RTI applicant had sought the report, its findings, details of any amendments or corrigenda, and correspondence between IIT Roorkee and ITDC regarding the structural assessment. The applicant argued that the information was in the larger public interest, citing concerns over the hotel's structural strength.
Nagaland gets its first five-star hotel as Polo Hotel Kohima opens, boosting state’s hospitality offering
Polo Hotel Kohima has recently been inaugurated as Nagaland's first five-star hotel to boost local tourism. The hotel aims to create job opportunities and support local businesses through employment and sourcing local products. It features Naga architectural traditions and offers a diverse culinary experience with a focus on Naga cuisine. The property is strategically located to cater to visitors attending cultural events like the Hornbill Festival.
As hotels seek quality talent, salaries of senior roles see substantial jump
Senior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages. Compensation for luxury hotel general managers has risen by 40-75% over three years, reflecting a competitive environment. Key roles in operations, sales, and marketing are also witnessing significant pay growth. In tier-II cities, general managers now earn between Rs 75-80 lakh, compared to earlier figures.
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IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 cr
Indian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a 700-hotel portfolio under the Accelerate 2030 initiative. Earnings before interest, taxes, depreciation, and amortization stood at Rs 788 crore, showcasing a strong performance. IHCL plans to open 30 new hotels in the fiscal year's second half, adding to its existing portfolio.
Eateries cut corners as high costs and hygiene crackdowns take a toll
New strategies include pausing high-cost menu items and introducing smaller portions for diners. Increased operational expenses due to regulatory compliance have also led to price hikes for consumers. Many restaurant operators indicate they must share some inflation costs with patrons to maintain profitability. Consequently, price increases of 10-15% are expected across several restaurants in Mumbai.
From Deoghar to Udupi: Family offices bet Rs 2,000 crore on hotels in pilgrimage towns
Nearly Rs 2,000 crore has been committed across key religious destinations over the past 12-18 months, according to Noesis Hotel Advisors, as some of India's wealthiest business families turn their conviction in these destinations into a hospitality investment play.
Navratri fasting food goes gourmet as restaurants see demand
Restaurants are stepping into a meal occasion traditionally associated with home kitchens to keep guests observing dietary restrictions at the table. The appetite for outsourcing fasting food is already evident: during September 2025's Navratri, Swiggy delivered more than 100,000 vrat thalis, 99,200 plates of sabudana khichdi and 70,000 orders of sabudana vada, according to its annual food trends report.
Hotels business has hit a critical mass for ixigo, co confident of triple digit growth in hotels: Group CEO
ixigo has reported substantial growth in its hotel business, surpassing 5,000 room nights booked daily. The company is aiming to become a leading player in the mid-market hotel segment over the next few years. ixigo's revenue from hotel bookings has seen impressive year-on-year growth, primarily from its own user base. International flight bookings also showed significant growth, as domestic fares remained high.
Lemon Tree Hotels announces signing of MoU with Omaxe for operating 4,000 keys
Carnation Hotels Private Limited has signed a Memorandum of Understanding with Omaxe Limited for a new hospitality venture. This partnership aims to operate 4,000 keys in key Indian destinations including travel and pilgrimage hotspots. The collaboration focuses on tier-two and tier-three cities to meet growing accommodation demands. Both companies bring extensive expertise in real estate development and hotel management.
