Author: HBI Staff | Hyderabad
Landcraft Retail by serial entrepreneurs Lalit Jhawar and Mayank Gupta announces an undisclosed funding round from prominent figures like supermodels Ujjwala Raut, Vartika Singh, designer Payal Singhal, digital creator & mom blogger Simone Khambatta and luxury fashion house, Purple Style Labs among other high net worth individual angel investors. Crafted to delight food enthusiasts, Landcraft Retail debuts its inaugural store in Bandra West, envisioned as a haven for culinary aficionados. Spanning 25,000 square feetacross four floors, Food Square aspires to become the ultimate destination for gourmet connoisseurs. Featuring an in-house bakery, an exclusive truffle section, an extensive selection of over…
IHG Hotels & Resorts, one of the world’s leading hotel companies with more than 6,300 hotels worldwide across 19 brands, announces the opening of voco Jim Corbett – India’s first voco hotel. This also marks the introduction of the 7thbrand from IHG’s global portfolio to the Indian market. Spread across 13.5 acres of lush greenery along the majestic Kosi Riverside, the resort in Dhilkuli region of Jim Corbett emerges as a sanctuary of tranquility and serenity, amidst dense forests and a symphony of foliage. Nestled on the foothills of the Mailani range, the hotel immerses guests in the captivating natural…
VITS Select Kharadi Pune, located behind EON IT Park, Kharadi Pune, continues to set new standards in hospitality excellence. Nestled in the heart of Pune, this premier hotel offers a luxurious retreat for both business and leisure travelers. With its prime location of 15 minutes driving distance from Viman Nagar and Pune Railway Station, VITS Select Kharadi Pune ensures convenience and accessibility for its guests. Additionally, the hotel’s proximity to major business and leisure landmarks like EON IT Park, Gera Commerce Zone, International Tech Park, Shanivar Wada, Aga Khan Palace, Bund Garden, and Saras Baug provides guests with ample opportunities…
Fortune Hotels, a member of ITC’s hotel group, announced the signing of a second property in Siliguri, West Bengal. Set to be titled Fortune Park, the hotel is anticipated to open in March 2025. This brownfield project, located on 1.47 acres of land, will feature stylish rooms and suites, an all-day dining restaurant, well-equipped banquet and meeting spaces, and other premium facilities tailored to enhance the guest experience. The hotel is being designed to cater to the strong demand in the local market, especially for events and social gatherings. Speaking on the signing, Mr Samir MC, Managing Director, Fortune Hotels…
Sarovar Hotels has strengthened its foothold in Jaipur with the inauguration of V Sarovar Portico, marking its sixth property in the vibrant city. Strategically located near prominent transportation hubs, Jaipur Railway Station and within a 20-minute drive from the Jaipur International Airport, the hotel offers an unparalleled experience for travellers eager to immerse themselves in the quintessential Jaipur experience. Located on Sansar Chandra Road adjacent to MI (Mirza Ismail) Road, the hotel boasts 106 rooms across two categories: Deluxe and Premium. Guests are welcome to indulge their taste buds at Flavours – All Day Dining restaurant, which accommodates up to 75 guests…
IHCL has announced the signing of a new hotel in Indore, Madhya Pradesh. The brownfield project will be branded a Vivanta. Speaking on the occasion, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL said, “This signing is in line with IHCL’s vision to expand its footprint in leading commercial cities. Indore, the financial capital of Madhya Pradesh is located near large industrial hubs as well as important pilgrimage spots. With this addition, the company will step into new micro markets in the city. We are delighted to partner with Amaltas Palace Private Limited for this hotel.” The…
ITC Ltd., a leading Indian conglomerate, is splitting its hotel business into a separate company. This demerger, expected to be finalized in June 2024, is designed to create a more focused hotel entity and potentially unlock greater value for shareholders. The new hotel company, ITC Hotels, is likely to list on the Bombay Stock Exchange (BSE) within the next 4-6 months.While British American Tobacco (BAT), ITC’s largest shareholder, voted in favor of the demerger, a report from the Economic Times suggests they may have no interest in the new entity. Following the demerger, BAT, which currently holds a 15.32% stake…
Hotelbeds, part of HBX Group, announces the renewal of its strategic agreement with Choice Hotels for the next three years, adding Radisson Americas properties to the TravelTech company’s portfolio. The news on the future of the collaboration, which encompasses thousands of Choice Hotels’ properties, comes after three successful years. The alliance underlines Hotelbeds’ commitment to driving success in the business-to-business hotel segment, which currently represents 80% of Choice Hotels’ B2B offering. Commenting on the news, Abhijit Patel, VP Marketing, Distribution Strategy and Revenue Management at Choice Hotels said: “We are very excited to expand our long-standing relationship with Hotelbeds through this…
Glenmorangie, the luxury single malt from the house of Moet Hennessy India, was awarded ‘The Campaign Innovator’ award at the Icons of Whisky Awards 2024 held on the 20th April, at The Leela Palace, Gurugram. This esteemed accolade bestowed upon Glenmorangie reaffirms its status as a pioneer in the spirits industry. Glenmorangie’s popular intellectual property, the Delicious Design Project 2.0, captivated the hearts and minds of luxury connoisseurs and enthusiasts alike. This groundbreaking initiative, born from Glenmorangie’s relentless pursuit of innovation and luxury, showcased the seamless fusion of Delicious Living and at-home celebrations. Central to this campaign was Glenmorangie’s collaboration…
American Brew Crafts Pvt Ltd (ABCL), a leading brewing company renowned for its exceptional brews, announced its recent acquisition of Denzong Brewery located in Odisha, India. ABCL intends to invest upwards of Rs. 80 Crore for the acquisition and renovation of the brewery. The brewery has a capacity to produce 2 Lakh cases of beer per month. This will augment the owned capacity installation for American Brew Crafts Pvt Ltd the brewers of award-winning Flying Monkey, Blockbuster, and Karjura range of beer to 8 Lakh Cases per month. This strategic move marks a significant milestone for ABCL and facilitates the expansion of its footprint in East & Northeast India, further solidifying…
