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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
Atmosphere Living, A Dubai Company to Jointly Develop Luxury Hotel and Villas in Mussoorie

In a collaborative development deal, Dubai-based Atmosphere Living will invest ₹550 crore to establish a premium hotel and villas in Mussoorie. This project is the first of several holiday house projects planned for prominent Indian and international sites.

By Admin

  • 4th Aug 2024
  • 1326 Views
L&T Realty and Valor Estate Ink INR 20,000 Cr Deal for Mixed-Use Mega Project in BKC, Mumbai

L&T Realty and Valour Estate, formerly DB Realty, have partnered to create a ₹20,000-crore project on a 10-acre land block in Mumbai's Bandra Kurla Complex (BKC). The project will contain luxury apartments, commercial areas, and a 1,000-key five-star hotel near the Bombay High Court complex.

By Admin

  • 30th Jul 2024
  • 1244 Views
Boney Kapoor JV Secures Deal to Develop Noida Film City with YEIDA

The Yamuna Expressway Industrial Development Authority (YEIDA) has formalized a concession agreement with Bayview Bhutani Film City, a special purpose vehicle (SPV), to develop an expansive film city in Noida. This major initiative aims to bolster the film industry in Uttar Pradesh.

By Admin

  • 28th Jun 2024
  • 1248 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
  • 1413 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
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
  • 1250 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
  • 1343 Views
Brigade Group and PVP Ventures to Develop Residential Tower in Perambur, Chennai

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.

By Admin

  • 22nd Feb 2024
  • 1352 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
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