18 Feb 2026

The Indian Hotels Company (IHCL) has signed a 115-key SeleQtions hotel in Devanahalli, Bengaluru, marking the brand's debut in the city. The project involves conversion of a standalone resort with plans to expand the inventory to 120 keys. With this addition, IHCL's portfolio in Bengaluru will rise to 20 hotels, including 11 under development. Separately, Sarovar Hotels announced dual openings in north India the 90-key Golden Tulip Kukas Jaipur in Rajasthan and the 70-key Skywings Sarovar Portico Mathura in Uttar Pradesh. The company said the two cities offer strong growth potential driven by leisure, pilgrimage and wedding demand. Sarovar Hotels currently operates 150 properties across 87 destinations in India, Nepal and Africa.Read more

18 Feb 2026

India's retail market is projected to grow from INR 90-95 lakh crore in 2025 to nearly INR 210-215 lakh crore by 2035, driven by the country's rising economic position. The report by BCG and RAI highlights that retailers who focus on disciplined execution, structural transformation, and AI-led innovation will capture the most value. AI is increasingly influencing consumer decisions and agentic commerce, particularly among urban Gen Z shoppers. End-to-end AI adoption across merchandising, supply chain, and services can deliver 40-60% performance gains, making comprehensive transformation crucial for future success.Read more

18 Feb 2026

EaseMyTrip is set to raise up to INR 500 crore to boost its operations in high-potential segments, focusing on hotels and holidays. The board has approved the plan to raise funds through equity shares or other eligible securities, which may be executed in multiple tranches via rights issues, QIP, preferential issues, or private placements, subject to approvals. The capital will also support technology investments, platform improvements, and strategic initiatives. Founder Nishant Pitti highlighted that the move is aimed at ensuring flexible, sustainable, and disciplined growth.Read more

17 Feb 2026

Indian Hotels Company Limited reported a 50.86 per cent rise in consolidated net profit for the December quarter, supported by steady operating growth and exceptional gains from the sale of its joint venture stake with the GVK Group. Revenue from operations grew over 12 per cent, while EBITDA margins remained strong at 39.1 per cent. The hotel segment delivered its best-ever quarterly EBITDA, backed by same-store performance and growth in catering and new businesses. The company outlined a robust expansion pipeline and reiterated its disciplined approach to acquisitions, supported by a debt-free balance sheet and strong cash position.Read more

13 Feb 2026

The Aditya Birla Group has announced the entry of Danish caf chain Joe & The Juice into India through its hospitality arm ABNAH, with the first outlet expected in the second half of 2026. The move marks ABNAH's expansion into scalable food services, adding to its premium dining portfolio. Separately, Honeywell and TCS have partnered to deliver advanced, enterprise-wide building automation solutions. In another development, Piramal Finance has raised USD 400 million via ECBs, taking its total foreign currency borrowings to USD 875 million.Read more

13 Feb 2026

The Leela Palaces, Hotels and Resorts is undertaking a major transformation of the iconic Centaur Lake View Hotel in Srinagar, committing around INR 300 crore to redevelop and reposition the property as a luxury destination. The historic hotel, located on the banks of Dal Lake and previously operated under the Centaur brand, will be reimagined as a high-end Leela property with upgraded facilities and redesigned rooms, targeting a premium hospitality segment. The redevelopment involves reducing room count from about 220 to approximately 170 larger, luxury rooms, while enhancing guest experiences and amenities. The deal, structured on a long-term lease basis, represents one of the most significant hospitality sector investments in the Valley in recent years and reflects growing investor confidence in luxury tourism potential in the region. The hotel is expected to reopen by late next year.Read more

12 Feb 2026

Tamara Leisure Experiences has outlined a steady expansion plan to add nine new hospitality properties over the next three to four years, aiming to double its room inventory to 1,200. The company currently operates eight hotels and an AYUSH hospital, with a total of 600 rooms. Its upcoming projects span luxury eco-resorts, midscale leisure hotels, business travel formats, and destination-led offerings across South and East India. Several developments are already underway and are expected to become operational between 2028 and 2030.Read more

12 Feb 2026

The Indian Hotels Company Ltd (IHCL) has announced the signing of a 220-key Taj hotel in Weligama, Sri Lanka, marking a further expansion of the group's presence in the Indian Ocean tourism market. The greenfield development will also include 80 luxury apartments, positioning the project as a mixed-use hospitality and residential offering aligned with evolving travel and lifestyle trends. Weligama is emerging as a prominent coastal destination, supported by growing interest in surfing, wellness-focused tourism and nature-led travel experiences. With Sri Lanka's tourism sector witnessing steady recovery and renewed international interest, the project strengthens Taj's regional footprint through a strategic partnership with Beryll Group. The signing reflects IHCL's broader strategy of targeting high-potential leisure destinations while combining hotel operations with branded residential formats to enhance long-term asset value.Read more

Delhi News Desk

12 Feb 2026

Indira Gandhi International Airport (IGIA) in Delhi is set to implement major enhancements to streamline passenger movement between Terminal 1 (T1) and Terminal 3 (T3), with airside transfer facilities expected to be operational in the coming weeks. Plans for these airside transfers are progressing as Delhi International Airport Ltd (DIAL) awaits clearances from relevant aviation safety authorities, including the Bureau of Civil Aviation Security and the Directorate General of Civil Aviation. The project forms part of broader infrastructure improvements designed to support increasing passenger volumes and ease inter-terminal connectivity, particularly for those transferring between domestic and international flights. In addition to airside transfers, airport authorities are considering wider road access improvements, such as a new flyover to ensure signal-free movement between terminals. The proposed upgrades aim to significantly enhance the efficiency and experience of air travel at one of India's busiest aviation hubs.Read more

11 Feb 2026

IHG Hotels & Resorts has announced the signing of a franchise agreement for Garner Bhiwadi, strengthening the rollout of its newest midscale conversion brand in India and marking its entry into the National Capital Region. Scheduled to open in 2027, the 45-key hotel will be developed by Modest Structures and managed by United Hospitality Management, one of IHG's third-party operators across India and the Middle East. Garner Bhiwadi represents the brand's fourth signing in the country, reflecting growing developer interest in efficient, conversion-led hospitality models. Located in Bhiwadi, a high-demand industrial and manufacturing hub, the project is positioned to cater to business travellers seeking reliable accommodation at an accessible price point. The signing aligns with IHG's broader strategy of expanding its midscale footprint in strong commercial micro-markets with consistent occupancy potential.Read more