Category Archives: Hotels

With demand still outpacing supply, Indians will continue to pay more for hotel stays and room rates, says ICRA, with the current supply pipeline lower than post-FY09. In the last two financial years, while room inventory increased by around 5%, demand grew by 8-10%. A similar trend is expected to continue in FY25 and FY26 with the pace of hotel room supply growing between 4-5% and demand increasing by 8-9 %. Although supply announcements have picked up in the last 18-24 months, it is expected to lag demand over the next few years.

ICRA expects Indian hospitality industry’s revenue to grow by 7-9 per cent YoY in FY2025 and 6-8 per cent YoY in FY2026. It estimates pan-India premium hotel occupancy to improve to 72-74 per cent in FY2026 from 70-72 per cent in FY2025. The ARRs for premium hotels may rise to ₹7,800-8,000 for FY2025 (up 8 per cent YoY) and to ₹8,000-8,400 in FY2026.

Cygnett Hotels & Resorts, one of India’s fastest-growing hospitality chains, has announced the signing of its latest property, Anamore Select Resort & Wellness at Mopa, Goa. This high-end luxury resort, featuring 150 exquisitely designed villa rooms, is set to redefine high-end travel by combining opulence, sustainability and cultural immersion. Targeted at the upscale market, the brand Anamore is an extension of the hospitality chain’s diversified approach, strengthening its presence beyond the mid segment Indian hospitality market. “Our vision for Anamore is bold and forward-looking. We aim to redefine the future of luxury travel in India. Having successfully established 10-12 hotels in the mid-segment market annually across the country in the past, we are confident in replicating this success in the upscale market with Anamore too. There are five more Anamore properties in the pipeline in destinations including Karjat, Murud, Khalapur (Maharashtra), Srinagar (Uttarakhand) and Pushkar (Rajasthan),” shared Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts. The company has tied with real estate major firm Yugen Infra for its maiden project under the brand portfolio of Anamore. Yugen Infra is the result of a collaboration between two real estate powerhouses, Timespro Consulting and V K Developers. It is spearheading several prestigious projects, including Goa’s first-ever Golf Course township, alongside other landmark initiatives. The resort’s prime location, just a 15-minute drive from the Mopa Airport and directly accessible via the Goa-Mumbai Highway, ensures seamless connectivity. Nestled amidst Goa’s largest golf course township and surrounded by the natural beauty of the Western Ghats, Anamore Select Resort & Wellness promises an immersive experience of serenity and luxury. Apart from its luxurious villas, the amenities at Anamore Select Resort & Wellness include an all-day …

After a detailed process, the much-awaited de-merger of ITC Hotels finally took place on 6 January. ITC would retain a 40 per cent stake in the hotel business, while the remaining 60% would be distributed to shareholders through rights entitlements. Shareholders will receive one ITC Hotels share for every 10 ITC shares held.

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “The future of India’s hospitality sector and tourism is bright, with substantial growth expected in 2025 and beyond. Domestic tourism is projected to grow by 15–20%, driven by govt initiatives. The travel market is on track to reach $125 billion by FY27, with the hotel market set to grow from $32 billion in FY20 to $52 billion.

Highlighting the importance of tourism in boosting Goa’s economy, Rohan Khaunte, Tourism Minister, Goa, said, “Tourism is the heart of Goa’s economy, supporting numerous livelihoods and providing opportunities for our people. This season has been remarkable, with 4 and 5-star hotels nearly at full capacity, showcasing Goa as a top destination for high-spending travellers and charters from established and emerging markets”.

Global music icon Lionel Richie, whose illustrious career has spanned decades, took to the stage at Atlantis, The Palm’s world-famous New Year’s Eve Gala Dinner, entertaining guests with his greatest hits and fan favourites on the biggest night of the year. Celebrated for his soulful voice and magnetic stage presence, Richie performed timeless classics including “Hello”, “All Night Long (All Night),” “Easy,” and “Brick House” along with many additional popular hits. Richie’s much-loved 60-minute set which saw him captivate audiences from all corners of the globe with his artistry on the grand piano, brought the house down in the run up to the 2025 countdown. Adding to the night’s exciting atmosphere, Atlantis Dubai lit up the sky with 12,975 fireworks spanning from Atlantis, The Palm to the world’s most ultra-luxury experiential resort, Atlantis The Royal as guests watched in wonder. More than 4,000 guests, including Dubai residents and visitors alike, rang in the new year in dazzling style. Accommodated on a custom-built deck overlooking The Palm Island and twinkling skyline, the legendary event featured a fantastic 30-piece band, free-flowing Champagne, and a lavish buffet, including 50kg of caviar, two tonnes of lobster, 300kg of Alaskan king crab and 6,000 oysters. Atlantis, The Palm also expanded its seating this year to include brand-new VIP Sky Suites, featuring enhanced amenities, award-winning dining options and breathtaking views of the stage and fireworks display to create a truly unforgettable experience.

Expanding its presence in North India, ITC Hotels announced the opening 81-room Welcomhotel in Delhi. The hotel is conveniently located near Delhi Airport. It features modern amenities and expansive event spaces for weddings, social gatherings, and conferences.

Crowne Plaza Kochi announced the appointment of Jerin Jose as Executive Housekeeper. With over 16 years of experience in housekeeping management, Jerin has worked with prestigious brands such as Hilton, Marriott, and The Rain Tree Hotels. His expertise spans quality assurance, inventory control, budgeting, and expense management, alongside strong skills in time management, communication, and team development. Jerin is recognised for achieving a perfect cleanliness score in his career. Dinesh Rai, General Manager, expressed excitement about his appointment, confident that Jerin’s leadership will elevate service standards. We welcome Jerin to the IHG family!    

Echor Samara in Morjim, Goa and Echor Baris Resort in Mussoorie add over 60 keys to the group’s portfolio, strengthening its presence in sought-after destinations. Echor Hotels, a leader in boutique hospitality, has announced the addition of two new properties to its growing portfolio: Echor Samara in Morjim, Goa, and Echor Baris Resort in Mussoorie, Uttarakhand. This launch marks Echor’s debut in Uttarakhand and Goa, reinforcing the brand’s commitment to providing luxury stays in both offbeat and iconic destinations. With the addition of these two properties, Echor now manages over 400 keys across India and continues its march toward its ambitious revenue target of ₹100 crore by FY 2027. About the Properties Echor Samara, Morjim, Goa Located just a short walk from the serene Morjim Beach, Echor Samara offers 29 well-appointed rooms, including suites and pool-view accommodations. The property features a sea-view restaurant serving gourmet cuisine, a refreshing swimming pool, and a tranquil spa. Perfect for romantic getaways and family vacations, this boutique haven combines the vibrant energy of Goa with the luxury of a premium retreat. Echor Baris Resort, Mussoorie, Uttarakhand Situated amidst the scenic greenery of Mussoorie, Echor Baris Resort introduces 34 luxury rooms offering breathtaking jungle and Doon Valley views. The resort features private sit-out areas, a family-friendly children’s play zone, and a charming lawn for picnics and outdoor activities. Guests can savour diverse culinary experiences at the in-house restaurant, making it an ideal destination for relaxation and rejuvenation. “We are thrilled to announce the addition of two incredible properties to the Echor Group – Echor Baris Resort in Mussoorie, our first property in Uttarakhand, and Echor Samara in Morjim, our debut in the Goa market,” said …