Tag Archives: hotel signings

In 2024, India’s hospitality sector shifted focus to tier II and III cities like Amritsar and Bikaner, accounting for nearly half of hotel transactions, as per JLL report. CY 2024 witnessed 42,071 keys in terms of branded hotel signings and 11,352 keys in terms of branded hotel openings. As many as 77 per cent of these signings were concentrated in tier II and III cities.

Indian Hotels Company (IHCL) announced the signing of a hotel in Mandvi, Gujarat. This under construction project will be branded an IHCL SeleQtions hotel. Speaking on the occasion, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Mandvi’s unspoiled beaches and unique cultural heritage offers immense potential along India’s largely unexplored western coastline. Aligned with the Government of India’s Dekho Apna Desh initiative and IHCL’s pioneering spirit, we remain committed to developing such novel destinations. This signing strengthens our foothold in Gujarat bringing our portfolio to 29 hotels across brands. We are delighted to partner with Sea Leaf Resort for this project.” The 170-key IHCL SeleQtions Mandvi is a picturesque beachfront resort, set across 18 acres with scenic views of the Gulf of Kutch. Guests can enjoy a variety of dining options, including an all-day dining restaurant and a specialty restaurant. Recreational amenities include a swimming pool, a fully equipped gym, and a spa with seven treatment rooms. Families will appreciate the dedicated kids’ play area, making the resort an ideal choice for all travellers. Ritesh Tanna, Director, Sea Leaf Resort, said, “We are happy to collaborate with IHCL to make Mandvi a sought-after destination for leisure travellers.” Mandvi, a picturesque town in the Kutch region of Gujarat, is a serene destination to enjoy the sea, sand, and sun. The tranquil Mandvi Beach, leading to the Arabian Sea, offers a peaceful retreat. The town is home to several notable landmarks, including the Sundarwar Temple, Jama Masjid, Lakshminarayan Temple, Kajivali Mosque, and Rameshwar Temple, reflecting its rich historical significance. The iconic Vijay Vilas Palace, the summer palace of Maharao of Kutch, is among Mandvi’s most popular attractions. With …