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5 Reasons Why Indian Realty Developers Are Turning to Hospitality as Travel Demand Soars

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.

By Admin

  • 15th Aug 2024
  • 1215 Views
Spree Hospitality Expands in Maharashtra with 9th Property Acquisition on Great Nag Road, Nagpur

With the purchase of ZiP by Spree Hotels Orient on Great Nag Road in Nagpur, Spree Hospitality has extended its foothold in Maharashtra. Launching in July, the new hotel promises an unmatched experience.

By Admin

  • 7th Jun 2024
  • 1622 Views
Macrotech Developers Secures Acquisition of Mumbai's Iconic Tulip Star Hotel

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

By Admin

  • 2nd May 2024
  • 1400 Views
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
  • 1318 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
  • 1414 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
  • 1415 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
  • 1294 Views
Sarovar Portico Hubli, a Product of Partnership

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.

By Admin

  • 14th Mar 2024
  • 1251 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
  • 1316 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
  • 1350 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
  • 1345 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
  • 1320 Views
Tata Group to Launch Two Luxury Resorts in Lakshadweep

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.

By Admin

  • 10th Jan 2024
  • 1473 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
  • 1362 Views
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