Indian real estate developers have focused more on hotels due to the rising travel industry. Post-pandemic domestic travel is increasing demand for premium hotel infrastructure, especially in tier-2 and tier-3 cities.

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.

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.

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.

Indian

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.

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.

Beginning on October 29, 2023, Oman Air commenced direct service between MOPA Airport in Goa and Muscat, Oman. Significant developments are anticipated in the vicinity, particularly in the real estate sector, as MOPA, the most recent airport in Goa, comes into operation.