A new EY-FICCI report finds India's tourism sector has strong potential in niche areas like event, culinary, and wellness travel, boosting the economy. However, India's 9.9 million foreign tourist arrivals in 2024 are far behind global l...
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India's hotel industry is asking for a GST cut on luxury rooms, saying the current 18% rate deters foreign visitors. An EY India and FICCI report suggests reducing it to 9% for rooms over ₹7,500. However, critics argue this overlooks maj...
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Mahindra Holidays & Resorts India Ltd (MHRIL) reported a 43% year-over-year drop in its fourth-quarter profit to ₹41.49 crore for the fiscal year ending March 31, 2026. This occurred even as revenue grew 5.3% to ₹820.29 crore. The compan...
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Indian Hotels Company (IHCL) finalized its acquisition of a 51% stake in Brij Hospitality for ₹222 crore, incorporating 22 boutique properties. This strategic move bolsters IHCL's expansion into experiential travel and supports its "Acce...
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Apeejay Surrendra Park Hotels (ASPHL) announced new hotel agreements for Ayodhya and Ujjain on April 20, 2026. The company aims to tap into India's growing pilgrimage tourism market. However, its stock closed down 1.68% at ₹120.02 on the...
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Radisson Hotel Group is rapidly expanding in India, aiming for 500 hotels by 2030 and creating up to 80,000 jobs. The plan focuses on upscale and mid-tier brands, resorts, and popular destinations, seeing better returns than luxury hotel...
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Lemon Tree Hotels is expanding its Gujarat presence with a new hotel signing, boosting its state portfolio to 32 properties. This follows a robust fiscal year 2025-26, marked by 56 new signings and 20 hotel openings, demonstrating strong...
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Geopolitical tensions in West Asia are hitting India's aviation and tourism sectors hard, causing airlines significant losses and a 15-20% drop in inbound travel. The restaurant industry also faces closures and rising costs. However, str...
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India's restaurant industry is losing an estimated ₹79,000 crore monthly because of commercial LPG shortages. The crisis, fueled by West Asian supply route disruptions, has pushed businesses to simplify menus and switch to alternative fu...
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Indian online travel company EaseMyTrip is expanding into Brazil by signing partnership deals with local firms. The move targets the growing corporate travel sector in Latin America, aiming to boost EaseMyTrip's international business an...
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India's hospitality sector faced volatility in FY26 due to West Asian geopolitical tensions affecting international travel. Yet, domestic demand remained strong, showing steady structural growth. Companies like Indian Hotels and Lemon Tr...
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India's hotel sector is gearing up to add over 70,000 rooms by 2030, targeting a market size of $31 billion by 2029, fueled by domestic tourism. Investment climbed to $456 million in 2025 as operators adopted asset-light growth. Yet, dif...
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Wonderla Holidays has invested ₹18 crore to rebrand its Bengaluru resort as Terrea, targeting the premium staycation market fueled by increased domestic travel and international travel disruptions. While the company projects a 15-30% rev...
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Indian Hotels Company Limited (IHCL) is confident in its outlook despite rising Middle East tensions and global travel challenges. CEO Puneet Chhatwal highlighted the company's strong diversification across brands, locations, and revenue...
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Lemon Tree Hotels announced a record 56 new hotel signings and 20 openings for FY2025-26, growing its portfolio to 269 properties. The aggressive, asset-light expansion targets demand across India. However, its shares dipped slightly, as...
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Indian travel in Summer 2026 is shifting towards safety and predictability amid global instability. Travelers are seeking 'luxury enclaves'—self-contained hotels with integrated amenities. This change favors major brands like Marriott In...
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India's restaurants are switching to alternative fuels like induction and biomass because of major LPG supply disruptions. The industry shows adaptability and growth potential, but the crisis highlights import reliance and risks, especia...
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Sarovar Hotels is rapidly expanding, aiming for 400 hotels in five years. The growth is fueled by strong domestic travel and the company's efficient asset-light strategy. Sarovar expects Rs 2,300 crore in revenue for 2026, up 15%, and is...
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Hilton is boosting its focus on India, using a franchise model to drive growth where branded hotels are scarce. This strategy aims to offset slower growth and lower revenue per available room in older markets. Competitors are also increa...
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Hyatt executives report that travel demand remains strong, with people choosing to reroute trips instead of canceling them. This benefits Asia Pacific markets, including Japan, which is seeing more Indian tourists. Hyatt is confident in...
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