04 Feb 2026

Ventive Hospitality Ltd posted strong financial performance in Q3 FY 2026, with consolidated revenue reaching INR 722 crore, up 27% year-on-year, and EBITDA at INR 348 crore, reflecting 25% growth. The hospitality segment led the gains, delivering revenue of INR 565 crore, a 35% increase, and EBITDA of INR 226 crore, up 54%. Indian hotels saw 22% revenue growth with 35% higher EBITDA, while international properties recorded 46% revenue growth and 73% EBITDA growth. Annuity assets contributed INR 128 crore in revenue. Strong ADR, occupancy, and TRevPAR across properties underpinned performance.Read more

04 Feb 2026

PRISM-backed Sunday PropTech, the asset-owning hospitality arm of OYO, has acquired a portfolio of eight premium hotel properties in India, according to people familiar with the development. While the transaction value has not been officially disclosed, the combined valuation of the assets is estimated at around INR 800 crore. The acquisition has been funded through a mix of debt and equity instruments and marks another step in the company's strategy to build a sizeable owned and managed hotel portfolio across premium and mid-premium segments. The newly acquired properties will be operated under PRISM's brand ecosystem, including Sunday Hotels, Belvilla and other appropriate brands based on asset positioning. The deal underlines Sunday PropTech's continued focus on asset-led growth, as it evaluates further acquisition opportunities to strengthen its presence in India's organised hospitality market.Read more

03 Feb 2026

Marriott Hotels has expanded its India portfolio with the opening of the 158-key Aravali Marriott Resort & Spa in the Delhi NCR region, strengthening its presence in urban-adjacent resort destinations. The new property is positioned to cater to leisure travellers, social events and corporate gatherings, reflecting Marriott's focus on high-growth markets near major cities. In a separate development, Eco Hotels and Resorts has announced the signing of its first boutique hospitality project in Udaipur, Rajasthan. The 20-key sustainable property marks the company's entry into the boutique segment and aligns with its strategy to grow in high-potential destinations while maintaining a focus on environmentally responsible operations. Together, the two announcements highlight continued investment activity in India's resort and leisure hospitality segment.Read more

03 Feb 2026

IHG Hotels & Resorts has signed a management agreement with Rajdeep Infra and Sales for the development of a 135-key voco-branded hotel in Lucknow, marking another addition to its premium portfolio in India's state capitals. The upcoming property reflects IHG's focus on cities witnessing strong administrative, educational and business-led growth. The hotel is scheduled to open in the third quarter and will strengthen IHG's presence in Uttar Pradesh, where demand for branded hospitality continues to rise. Separately, State Bank of India has announced financial support of INR 2.1 crore towards healthcare initiatives across several districts in Maharashtra. The contribution will fund medical infrastructure and hygiene-related interventions, including the donation of a cardiac ambulance and installation of essential public health facilities.Read more

02 Feb 2026

Indian Railways has outlined plans to develop a longer 24-coach Vande Bharat sleeper train to meet rising demand for premium overnight travel on busy long-distance routes. The move follows positive passenger feedback from the recently introduced 16-coach sleeper variant, which offers 823 berths. The new configuration, to be manufactured at the Integral Coach Factory in Chennai, will increase capacity to 1,224 berths per train and include a dedicated pantry car, improved onboard facilities and advanced safety systems, with the prototype targeted for completion in 2026.Read more

01 Feb 2026

Casagrand has expanded its corporate social responsibility footprint with the launch of an affordable diagnostic centre in Chennai under the Casagrand Foundation banner. Located in Besant Nagar, the not-for-profit facility aims to make essential diagnostic and preventive healthcare services accessible to wider sections of society, particularly construction workers and low-income communities facing rising medical costs. The centre offers over 100 diagnostic services, including blood tests, ECGs, X-rays, CT scans and comprehensive health check-ups, at prices roughly one-third of prevailing market rates. With blood tests starting at INR 50 and CT scans priced at INR 900, the initiative seeks to address gaps in affordability and long waiting periods at government hospitals. The facility is equipped with automated laboratories, modern imaging technology and trained medical professionals.Read more

31 Jan 2026

HOSMAC has designed and developed Cipla's newly inaugurated Breathefree Lung Wellness Centre in Mumbai, strengthening the pharmaceutical major's focus on integrated and preventive respiratory healthcare. Spread across about 8,000 sq. ft. in Prabhadevi, the single-level facility has been conceived as a one-stop destination for lung diagnostics and wellness services. Inaugurated on 26 January 2026, the centre reflects a wellness-led design philosophy that departs from conventional clinical environments. HOSMAC delivered a comprehensive turnkey solution covering medical space planning, MEP design and interiors, ensuring regulatory compliance and patient-centric efficiency. Notably, the project involved adaptive reuse, with a former banquet hall transformed into a fully functional healthcare facility. The centre builds on Cipla and HOSMAC's earlier collaboration in Delhi and underlines a shared focus on accessible, sustainable and human-centric respiratory care.Read more

31 Jan 2026

Southern Railway has announced a scheduled halt for the Chennai Bengaluru Double Decker Express at Tiruvallur railway station, responding to long-standing commuter demand from the suburban region. Although the halt has come into effect from earlier this week, passengers are currently unable to book tickets to or from Tiruvallur as the station has not yet been updated in the Passenger Reservation System. Railway officials have stated that such system updates usually take a few days. Commuters have also flagged unresolved ticket printing issues following a recent reservation system upgrade.Read more

30 Jan 2026

Mahindra Holidays & Resorts India Ltd reported a 96 per cent year-on-year decline in consolidated profit after tax to INR 1.4 crore in the third quarter, primarily due to a one-time expense linked to new labour codes. Revenue from operations increased to INR 752.7 crore, supported by strong growth in the India resort business. Expenses rose sharply, including an exceptional charge of INR 11.06 crore. While the India standalone business posted profit growth, weak performance in European operations affected consolidated results.Read more

30 Jan 2026

Brigade Hotel Ventures Ltd. reported a consolidated net profit of INR 21.72 crore for the December quarter, more than doubling from INR 9.62 crore last year. Revenue from operations rose to INR 138.76 crore, while expenses edged up to INR 114.06 crore. Growth is expected to be driven by existing hotels, food and beverage enhancements, and new properties including Grand Mercure Ahmedabad GIFT City and ibis Styles Mysuru. With nine upcoming hotels in the luxury and upscale segments, the company is expanding and diversifying its portfolio, positioning itself for sustainable growth in India's post-pandemic hospitality market.Read more