Author: HBI Staff | Hyderabad
The HICSA Hospitality Real Estate Capital Markets panel discussion brought together some of the most influential voices in the industry to explore the opportunities and challenges in the evolving hospitality sector. Moderated by Amit Nayak, Vice President and Executive Board Member at Hospitality Asset Managers Association MEA, the session featured Arun K. Saraf, Chairman and Managing Director of Juniper Hotels, Mohit Arora, Managing Director of the Real Estate Group at Blackstone, Priya Paul, Chairperson of Apeejay Surrendra Park Hotels, and Viren Jairath, Managing Director of Equity Capital Markets at Kotak Investment Banking. The panel highlighted India’s strong growth story and…
In line with its ambitious growth plan for 2025, Radisson Hotel Group has reached a historic milestone in India with crossing 200 hotels, following the signing of five new hotels. This achievement reflects the Group’s strategic expansion across high growth markets and cements its position as one of India’s largest international hotel operators. The 128 operational hotels (14,209 keys) and 77 properties (8,619 keys) under development is a testament to its scalable business model and owner confidence. The Group’s growth in India is driven by a strategic focus on quality hospitality and market diversification, aligning with evolving traveler demands. Over…
Homegrown hospitality brand OYO takes a giant leap in India’s religious tourism landscape with the announcement of 500 new hotel rooms across key religious centres nationwide. At the HICSA session titled “Anywhere, Everywhere,” Ritesh Agarwal, Founder & Group CEO of OYO, engaged in an insightful conversation with Megha Tuli, Partner & Co-Founder of Hotelivate. Discussing the group’s future, Agarwal confidently stated, “I will continue to deliver results,” hinting at a promising year ahead. As OYO gears up to unveil its results this year, the group is expected to report impressive margins of approximately INR 1500 crores, marking another milestone in…
In a historic move set to transform India’s hospitality industry, Accor, the global hospitality leader, and InterGlobe Enterprises, India’s foremost travel conglomerate, have announced a landmark partnership aimed at creating the country’s fastest-growing hospitality business. With a shared vision of redefining the Indian hospitality landscape, the alliance will target the development of 300 hotels under Accor’s brands by 2030. A Unified Vision for Hospitality Excellence This strategic collaboration builds on the long-standing relationship between Accor and InterGlobe. The two companies will merge their existing assets, development, and management businesses in India to form a unified, autonomous platform. Accor will continue…
Minister for Tourism, Culture, and Cinematography Kandula Durgesh is set to visit Mumbai on April 9 and 10, 2025, to woo investors for the hospitality sector in Andhra Pradesh. His itinerary includes participation in the 20th Hotel Investment Conference South Asia (HICSA), held at Powai Lake, Mumbai. The visit aims to spotlight Andhra Pradesh as a prime investment destination for hospitality ventures. The Minister will present the State’s vast potential and invite hotel groups and investors to explore the opportunities available. The conference will serve as a platform for Andhra Pradesh to showcase its recently launched tourism policy. Recognized as…
According to a report by ET, India’s hospitality sector is booming, driven by surging domestic travel and rising affluence. Major hotel chains are making bold investments to expand their portfolios. Dangayach Group is planning to add over 2,000 rooms, while Ambuja Neotia Group is heavily investing in West Bengal. With robust demand in tourism, weddings, and MICE (Meetings, Incentives, Conferences, and Exhibitions), the industry is experiencing record revenues and a wave of optimistic investment activity, with $340 million in hotel transactions recorded in 2024. Encouraged by the growing demand for domestic travel in Asia’s third-largest economy, marquee Indian hotel chains…
The UAE’s tourism sector generated AED 45 billion in hotel revenues in 2024, marking a 3% increase compared to the previous year, according to H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council. Al Marri attributed the sector’s continued growth to the UAE’s forward-looking vision and the implementation of sustainable tourism strategies and policies. He emphasized that tourism remains a key pillar of the national economy, supporting the country’s shift toward a knowledge- and innovation-driven economic model. Hotel occupancy across the UAE reached 78% in 2024, ranking among the highest globally. The growth…
IndoBevs, in collaboration with Glen Eden Distillers Limited, has launched Eden Whisky, an innovative blend crafted exclusively for Indian whisky enthusiasts. This marks a significant milestone in IndoBevs’ commitment to delivering world-class whisky experiences tailored to the Indian market. Eden Whisky is a finely balanced masterpiece, boasting vibrant notes of spicy grapefruit, lime marmalade, and fresh gooseberries, with hints of vanilla and the inviting aromas of Doyenne pear and glazed apple. Designed to cater to the evolving preferences of Indian consumers, it offers a modern and refined drinking experience at a competitive price point. “We are excited to partner with…
Araiya Hotels & Resorts has officially expanded into the wildlife hospitality sector with the launch of Araiya Gir, A Mavintara Resort, in the heart of Gujarat’s Gir region. Unveiled on April 7, 2025, the property offers 20 opulent lake villas, with an additional 26 forest villas set to debut soon. Nestled amidst Gir’s stunning landscapes, this 46-villa retreat is positioned as a luxurious sanctuary blending nature, culture, and comfort. Araiya’s Founder and CEO, Amruda Nair, expressed her enthusiasm for this milestone project, emphasizing the resort’s vision of creating a transformative experience for travelers. “Araiya Gir is designed to be more…
Radisson Blu Plaza Banjara Hills, one of Hyderabad’s leading luxury hotels, is pleased to announce about Soumen Paul as the Food & Beverage Manager over 15 years of expertise in the hospitality industry, Soumen brings a wealth of experience to the role, having worked with several prominent hospitality brands across India. Soumen oversees all Food & Beverage operations at the hotel, which boasts rooms, conventions and multiple F&B outlets. He is responsible for managing the hotel’s F&B revenue, ensuring guest satisfaction, and implementing strategic initiatives aimed at boosting profitability and driving the growth of the F&B department. His extensive experience…
