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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
  • 1214 Views
Key Ideas For You to Shortlist The Perfect Second Home - Apartment or Standalone Property?

City residents like owning and investing in a vacation property. However, the key issue remains: apartment or separate property? Ghar compares pros and cons to help you decide.

By Admin

  • 15th Aug 2024
  • 1264 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
  • 1621 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
  • 1317 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
  • 1413 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
  • 1414 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
  • 1293 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
  • 1349 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
  • 1344 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
  • 1303 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
  • 1319 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
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
  • 1385 Views
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