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ITC Sets January 1 as Effective Date for Hotel Business Demerger; Stock Rises 3%

ITC Sets January 1 as Effective Date for Hotel Business Demerger; Stock Rises 3%

ITC Limited has announced January 1, 2025, as the effective date for the demerger of its hotels business into ITC Hotels Ltd., a wholly owned subsidiary. The move, aimed at unlocking value for shareholders, has

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YEIDA Launches Premium Hotel Plot Scheme Ahead of Noida International Airport’s Opening

YEIDA Launches Premium Hotel Plot Scheme Ahead of Noida International Airport’s Opening

  The Yamuna Expressway Industrial Development Authority (YEIDA) has announced a new premium hotel plot scheme in anticipation of the operational launch of the Noida International Airport. This initiative is poised to transform the region

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No one is pushing the hotel industry to change faster than the savvy Indian traveller: SiteMinder

No one is pushing the hotel industry to change faster than the savvy Indian traveller: SiteMinder

SiteMinder, the world’s leading hotel distribution and revenue platform, has released SiteMinder’s Changing Traveller Report 2025, the largest survey globally on accommodation, revealing that Indian travellers are emerging as the most influential change-driving force in

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HPTDC Workers Union Demands Chairman’s Removal Amid Hotel Closure Orders

HPTDC Workers Union Demands Chairman’s Removal Amid Hotel Closure Orders

  The workers union of the Himachal Pradesh Tourism Development Corporation (HPTDC) has called for the removal of RS Bali, the corporation's chairman, following a Himachal Pradesh High Court directive to shut down several loss-making

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IHCL signs a Ginger Hotel in Diu

IHCL signs a Ginger Hotel in Diu

IHCL announced the signing of a Ginger hotel in Diu in the Union Territory of Daman and Diu. Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said,

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IHCL grows Ginger portfolio to 100, signs a hotel in Lucknow

IHCL grows Ginger portfolio to 100, signs a hotel in Lucknow

IHCL announced the signing of its 100th Ginger hotel with an 85-key property in Lucknow, Uttar Pradesh. This project embodies Ginger’s lean luxe design philosophy, offering guests the perfect blend of work and leisure in

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Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Shimla’s tourism sector received a much-needed boost over the festive weekend, as tourists flocked to the popular hill station for a holiday escape. The influx of visitors saw hotel occupancy rates soar to around 40-45%,

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IHCL signs fourth hotel in Ayodhaya, Gateway Ayodhaya

IHCL signs fourth hotel in Ayodhaya, Gateway Ayodhaya

IHCL announced the signing of a resort in Ayodhya, Uttar Pradesh. This greenfield project will be under the Gateway brand. Speaking on the occasion Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL

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IHCL signs a Taj branded hotel in Chikkamagaluru, Karnataka

IHCL signs a Taj branded hotel in Chikkamagaluru, Karnataka

IHCL announced the signing of a Taj branded hotel in Chikkamagaluru, Karnataka. The hotel is a greenfield project. Speaking on the occasion, Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL stated, “With its lush

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The Fern Hotels & Resorts Expands Hotel Portfolio in Pune

The Fern Hotels & Resorts Expands Hotel Portfolio in Pune

The Fern Hotels & Resorts, India’s leading environmentally sensitive hotel chain, is pleased to announce the signing of its new hotel- The Fern Residency, Pune. This sign-up marks The Fern Group’s 5thproperty in the city,

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