Tag Archives: hospitality

Targeting wider expansion, Vikram Cotah, CEO, GRT Hotels & Resorts, said, “Our strategy is to saturate the south. With resorts in Kodaikanal, Yercaud, Wayanad, Mamallapuram, and Puducherry seeing surging demand during peak holiday season, the company wants to ride the leisure boom with more properties in scenic locales, such as its upcoming ultra-luxury property in Pachalur.”

Outlining its expectations from the Budget 2025-26, FHRAI urges the government to introduce reforms that will address the critical challenges faced by the hospitality and tourism sector. It believes these reforms will increase investment, create employment, and support overall economic growth in the industry. FHRAI’s primary recommendation is to grant infrastructure status to hotel and convention center projects with costs starting from ₹10 crore.

Ahead of the Union budget, Rajesh Magow, Co-founder, MMT, said, “The travel & tourism sector is a vital pillar of India’s economy. Allowing GST credit for hotel construction & rationalising GST rates will help reduce the cost of accommodation while stimulating domestic tourism & positively impacting inbound tourism. He requested the FM to allocate resources for the global campaign under the Incredible India initiative.

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.

Highlighting that India is an important market for Marriot, David Marriott, Chairman, Marriott International, said, “India is our fifth-largest market in the world. We have 17 brands among which JW Marriott has been a popular one in India. We have 10 hotels open and five are on the way. Due to growing opportunities, our focus is now on secondary and tertiary markets.”

Explore Abu Dhabi like never before through an exclusive webinar today at 3 pm, highlighting its luxury experiences, culinary adventures, and exceptional hospitality standards. The webinar promises to be a gateway to creating unforgettable memories in Abu Dhabi. For additional information, contact Jaspreet Kaur on +91 9650196532 or at jaspreet.kaur@ddppl.com.

Suman Billa, Additional Secretary, Ministry of Tourism, inaugurated FHRAI’s Centre of Excellence in New Delhi. Billa, said, “It will create a comprehensive data ecosystem and play a vital role in generating analytical insights that can guide government policy and help us better support the industry.”

Launches Portico branded hotels in Nepal, Jim Corbett and Haridwar Sarovar Hotels announced the grand opening of three new properties, marking a significant expansion in its international and domestic portfolio. This latest development underscores Sarovar Hotels commitment to offering exceptional experiences tailored to diverse segments. The new properties—Sarovar Portico in Birgunj, Nepal, ABN Sarovar Portico in Jim Corbett and MJ Sarovar Portico in Haridwar—reflect the brand’s commitment to enhancing its international and regional presence. Sarovar Portico, Birgunj, located in the southeastern part of Nepal, marks Sarovar Hotels debut in the country. This property introduces a blend of traditional Nepalese hospitality with 60 elegantly designed rooms and suites, offering modern luxury in the vibrant city of Birgunj. As a bleisure hotel, it aims to redefine standards for both business and leisure travellers in the region, providing a sophisticated and culturally rich experience. ABN Sarovar Portico, Jim Corbett, offers a serene retreat nestled within the lush landscapes of India’s oldest national park. This property, located 4 Kms from the Dhangadi Gate (Dhikala Zone), features 65 elegantly designed rooms and cottages, blending relaxation with natural beauty. MJ Sarovar Portico, Haridwar, situated 5 Kms from Har Ki Pauri, enhances Sarovar Hotels pilgrimage portfolio. Strategically located to serve travellers visiting Haridwar, Rishikesh and Dehradun, this hotel boasts 75 elegant rooms and suites, designed with extensive facilities to meet the needs of spiritual seekers and professional visitors alike. Ajay Bakaya, Managing Director, Sarovar Hotels and Director, Louvre Hotels India, commented, “The opening of these three new properties represents a significant milestone for Sarovar Hotels, expanding our footprint both globally and domestically. Each property is thoughtfully designed to cater to different traveller needs—whether for business (Birgunj), leisure …

As per Motilal Oswal report, the hospitality sector will witness growth in Q2 FY25. The key players will see RevPAR growth of  9-11 per cent YoY in Q2 FY25, which will be driven by pent-up demand, improved traction within convention centers, and stronger wedding season.

Speaking at the inauguration of Swosti Premium Beach Resorts Puri, JK Mohanty, CMD, Swosti Resorts, said, “It is the first five-star property in Puri and will change the hospitality landscape of the town, which receives thousands of visitors from across the country as well as outside.”