24 Mar 2026

Thomas Cook India Ltd has approved an in-principle proposal to demerge its resorts and resort management business into Sterling Holiday Resorts Ltd (SHRL), enabling a potential independent listing of the subsidiary. The move includes transferring the company's Nature Trails resort portfolio into SHRL and restructuring its capital base. Shareholders of Thomas Cook India will receive 0.81 shares of SHRL for every one share held. The restructuring also involves a share consolidation and is subject to regulatory approvals, including from the National Company Law Tribunal. The company stated that the demerger is aimed at streamlining operations and improving earnings per share while allowing SHRL to operate as a separate listed hospitality entity.Read more

24 Mar 2026

India's purpose-built student accommodation (PBSA) sector remains significantly underpenetrated, with less than 2 per cent market penetration despite a growing and mobile student population, according to Hive Hostels CEO. The country has over 43 million students in higher education, including more than 10 million who migrate across cities, yet most rely on informal housing options due to limited organised supply. In contrast, mature markets such as the US and UK report PBSA penetration levels of 35-40 per cent. The gap is attributed to a lack of institutional-grade infrastructure rather than demand, indicating strong potential for developers and operators to scale organised student housing solutions.Read more

23 Mar 2026

Mahindra Holidays & Resorts India Ltd has expanded its hospitality portfolio with the addition of 159 rooms through the launch of two new resorts Club Mahindra Amba Ghat in Maharashtra and Club Mahindra Bandhavgarh in Madhya Pradesh. The development forms part of the company's expansion strategy to add 1,000 rooms in FY26 and scale its total inventory to 12,000 keys by FY30. The new properties strengthen the company's presence in western and central India, while aligning with rising demand for nature-led and experiential travel destinations. The move reflects continued investment in leisure infrastructure across emerging tourism locations in the country.Read more

23 Mar 2026

PBP Eco Aqua, a provider of in-house water bottling plant solutions, has secured an RFQ to supply systems across the Radisson Hotels and Louvre Hotels (Sarovar) portfolio in India. The mandate spans a growing network, with Radisson operating over 200 hotels and aiming for 500 by 2030, while Louvre Hotels continues to expand under the Sarovar brand. The company, known for its turnkey solutions, has worked with over 100 clients across multiple cities. The rollout is planned to begin in April 2026 under a phased implementation approach focused on scalability and operational efficiency.Read more

23 Mar 2026

Air India and Air India Express have resumed and expanded their flight operations to West Asia, operating a total of 48 services as airspace restrictions in the region ease. The flights include both scheduled and non-scheduled operations, supporting connectivity to key destinations such as Dubai. The resumption follows earlier disruptions caused by ongoing geopolitical tensions. While some routes remain suspended, the airlines are gradually restoring services based on regulatory approvals, passenger demand, and evolving operational conditions in the region.Read more

23 Mar 2026

Air travel has been impacted as several airlines cancel or reroute flights due to rising tensions in the Middle East. Temporary airspace restrictions and operational safety concerns have led carriers to suspend services on key routes, especially those connected to Gulf destinations. Both regional and international airlines have adjusted schedules, reduced frequencies, or introduced alternate flight paths. These changes have resulted in delays, cancellations, and passenger inconvenience. Airlines continue to monitor the situation closely and are revising operations in line with evolving security conditions and aviation advisories.Read more

21 Mar 2026

CBRE has appointed Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India, strengthening its advisory capabilities in the country's hospitality investment segment. The announcement, made in the past week, places Shah in Mumbai, where he will focus on transaction execution and client advisory across hotel assets. With nearly two decades of experience in hospitality investments, banking, and private equity, he has been involved in complex, high-value transactions across asset classes. His role will include advising on investment opportunities and supporting portfolio expansion strategies. The appointment aligns with CBRE's broader Asia Pacific strategy to deepen its hotels and hospitality platform and enhance integration between regional capital markets and sector-focused teams.Read more

20 Mar 2026

Gulshan Group has announced an investment of INR 1,000 crore to develop a Taj-branded luxury hotel and residential project in Sector 129 along the Noida Expressway. The development, to be managed by the Indian Hotels Company (IHCL), will comprise a 150-key hotel, 74 serviced apartments, and a penthouse. The project, currently under construction, is expected to be completed within five years. While the hotel and penthouse will be retained by the developer, the residential component is projected to generate over INR 2,000 crore in revenue. Positioned as the tallest Taj hotel and the first in Noida, the project reflects growing demand for branded residences and luxury hospitality assets in the National Capital Region.Read more

20 Mar 2026

Air India will operate 36 additional flights to Europe and Canada to manage disruptions caused by restricted West Asia airspace. The move aims to maintain connectivity and handle increased passenger demand on long-haul routes. The additional services will run until March 28 and will connect major Indian cities like Delhi and Mumbai with destinations such as London, Toronto, Frankfurt, and Zurich. Due to rerouting, flight durations have increased, prompting operational adjustments including schedule changes and regulatory support for extended flying hours.Read more

20 Mar 2026

The civil aviation ministry has directed airlines to ensure that at least 60 per cent of seats on domestic flights are available without additional charges, aiming to improve fairness and accessibility for passengers. The Directorate General of Civil Aviation (DGCA) has been instructed to implement these norms, along with requirements for airlines to seat passengers travelling under the same PNR together. The government has also asked airlines to introduce transparent policies for pets, sports equipment, and musical instruments, while strengthening communication of passenger rights across platforms and in regional languages.Read more