Author: Asmita Mukherjee

Ventive Hospitality Ltd reported strong financial performance for FY26, driven by robust growth across its hospitality and annuity businesses. The company posted a significant rise in profitability, with consolidated Profit After Tax (PAT) surging 939 percent year-on-year to ₹502 crore for the financial year ended March 31, 2026. The company’s consolidated revenue for FY26 stood at ₹2,666 crore, registering a 24 percent growth compared to the previous financial year. EBITDA grew 28 percent year-on-year to ₹1,299 crore, while EBITDA margins expanded by two percentage points to 49 percent. In the fourth quarter of FY26, consolidated revenue increased 21 percent year-on-year…

Celebrating a hospitality milestoneHoliday Inn Mumbai International Airport has completed 16 years of operations, commemorating the milestone with a guest engagement-led campaign that highlights its long-standing presence in the city’s hospitality landscape. Building a legacy of guest experiencesSince its inception, the hotel has emerged as a preferred choice for both business and leisure travellers, offering a blend of comfort, convenience and contemporary amenities, while building a strong reputation for service and culinary experiences. ‘Summer of 16’ campaign engagementTo mark the occasion, the hotel launched its “Summer of 16” campaign, inviting guests to share personal stories and memories. The initiative saw…

Strategic Growth IHG Hotels & Resorts has announced the signing of a management agreement with Thanishq Grande Hotels & Resorts to develop Holiday Inn Sriperumbudur, a 200-key hotel scheduled to open in Q1 2029. The signing underscores IHG’s continued focus on expanding its footprint in high-growth commercial corridors, particularly across South India. The addition of Sriperumbudur strengthens the company’s presence in Tamil Nadu, aligning with its strategy to tap into emerging business and industrial destinations. Operating under the globally recognised Holiday Inn Hotels & Resorts brand, the hotel is expected to cater to a diverse mix of corporate, transit, and…

Mount Everest Breweries Limited (MEBL) has achieved a significant milestone by crossing 1 million hectolitres (Mn HL) in sales, reinforcing its position as one of India’s fastest-growing beer companies. The milestone translates to approximately 1.28 crore cases, highlighting the company’s rapid scale-up and increasing consumer demand across markets. A key driver behind this growth has been the strong performance of MEBL’s flagship brand, STOK, which has crossed 1 million cases, witnessing accelerated growth over the past three years. The brand is now available across 14 states and 3 Union Territories, marking a notable achievement in India’s highly fragmented beer industry.…

Sarovar Hotels has unveiled an ambitious expansion roadmap, aiming to scale its portfolio to 400 hotels over the next five years, while creating over 10,000 new jobs across India. Expansion Pipeline and Growth Outlook According to CEO Jatin Khanna, the company currently has around 250 hotels (operational and under development)with nearly 22,000 keys. Over the next 36 months, Sarovar expects to reach 210+ operational hotels, with an additional 100–120 properties in the pipeline. The company is targeting around 20 hotel openings in 2026, which will take its operational portfolio to approximately 170 hotels by year-end. Strong Revenue Growth Momentum Sarovar…

Event Overview Housekeepers Synergy – 4.0, organized by PRISTAL in collaboration with the Professional Housekeepers Association(PHA) Karnataka Chapter, was successfully hosted on March 21, 2026, at Country Inn & Suites by Radisson Bengaluru. The event brought together leading hospitality professionals for an engaging and insightful exchange of ideas, innovation, and best practices in the housekeeping domain. Inauguration and Opening Ceremony The program commenced with participant registration, followed by welcome remarks and an invocation, setting a positive and purposeful tone for the day. The ceremonial lamp lighting marked the formal inauguration and was graced by Kadambari Sabharwal Talwar, General Manager –…

India’s hospitality map is being redrawn, with Nashik emerging as a fast-growing lifestyle and wine tourism destination. As demand diversifies across leisure, weddings and MICE, Jatish Ghai, General Manager at Radisson Blu Hotel & Spa, Nashik, shares how the property is leveraging this momentum through curated experiences, strong non-room revenue streams and operational efficiency. Asmita Mukherjee excerpts… How do you assess the current demand dynamics in the Nashik market, particularly across leisure, weddings and MICE segments? Nashik has firmly emerged as a high-potential, multi-segment destination, driven by its strategic accessibility and evolving positioning. The city benefits significantly from being a…

As the hospitality industry marks International Women’s Day, conversations around gender diversity are gaining renewed momentum across hotel boardrooms. While women remain highly visible across guest-facing roles and operational teams, their representation still narrows significantly at senior leadership levels. Industry leaders say the gap is rarely about capability. Instead, it often stems from structural realities of the sector—demanding operational hours, mobility requirements, and limited early exposure to revenue and operational leadership roles. Over time, these factors can slow the leadership trajectory for many talented women professionals. However, there are signs that the landscape is beginning to evolve. Many hospitality companies…

Star-rated hotels across Kolkata are reporting near-total occupancy for the next 20 days, driven by the T20 World Cup matches, peak wedding season demand and a packed calendar of business conferences and cultural events. The city, which has approximately 7,500 rooms across five- and four-star categories and 157 banquet halls with a combined capacity of around 30,000 guests, is witnessing one of its strongest hospitality cycles in recent years. Industry stakeholders indicate that most premium hotel rooms and banquet spaces are booked through February and well into March. The ongoing cricket tournament has significantly boosted inbound travel, with Kolkata hosting…

Lemon Tree Hotels Limited has announced the signing of Lemon Tree Hotel, Bandipur, Nepal, marking a further expansion of the company’s presence in the neighbouring market. The property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. With this signing, the company aims to strengthen its footprint in Nepal while catering to both business and leisure travellers. Located in the heritage town of Bandipur in Nepal’s Tanahun District, the hotel is situated in an area known for its preserved Newari architecture, cobblestone streets, and historical significance as a former stop on the…