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Thomas Cook India Plans Demerger of Resorts Business into Sterling Holiday Resorts

Thomas Cook India plans to demerge its resorts business into Sterling Holiday Resorts, aiming for an independent listing and sharper operational focus in...

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India’s Branded Hospitality Market Seen at $45.4 Billion by 2030

India’s branded hospitality sector is projected to reach $45.4 billion by 2030, driven by infrastructure expansion and rising travel demand across tier II...

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IHCL Expands in Bengaluru as Sarovar Strengthens North India Presence

IHCL signs a new SeleQtions hotel in Devanahalli, Bengaluru, while Sarovar Hotels launches properties in Jaipur and Mathura, highlighting strong growth momentum in...

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Appu Hotels Sells Prime Gerugambakkam Land for Rs 172 Crore as Le Meridien Chennai Enters Major Revival Phase

Appu Hotels has sold twenty six acres in Girugambakkam near Chennai airport for about Rs 172 crore to reduce debt and revive operations....

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Blackstone Nears Majority Stake in Ritz-Carlton Bengaluru

Blackstone is set to acquire a majority stake in the prestigious Ritz-Carlton Bengaluru from Nitesh Land, valuing the landmark luxury hotel at over...