New Delhi, April 9 Sarovar Hotels is embarking on a long-term strategic expansion, aiming to have a total of 400 hotels in the next five years, with double-digit revenue growth, according to its CEO Jatin Khanna.The company, which currently has a workforce of over 10,000 people in hotels...
ace hive
asset-light model
brand residences
franchise management
hospitality industry
hotel expansion
hotelportfolio
india
job creation
revenue growth
sarovar hotels
strategic expansion
the element
tier-ii cities
tier-iii cities
Mumbai, April 8 Pune-based Sumeet SSG announced a strategic collaboration with Pinnacle Industries on Wednesday to provide ambulances for the Maharashtra Emergency Medical Services (MEMS 108) project.Sumeet SSG BVG Maharashtra EMS, a joint venture between Sumeet Group, facility management firm...
Kolkata, April 8 ITC Hotels Limited is expanding its premium brand, Welcomhotel, in key pilgrimage and leisure destinations, with the company announcing its 50th hotel milestone on Wednesday, following new property signings in Bhubaneswar and Shirdi.The company has entered into definitive...
New Delhi, March 6 SAMHI Hotels announced on Friday that its board has approved the acquisition of a 70% stake in RARE India – a platform of heritage hotels, retreats, and experiential stays – for a sum of ₹47 crore.In parallel, SAMHI and RARE have entered into an agreement for affiliation...
affiliation agreement
bhutan hotels
distribution channels
experience-led tourism
heritage hotels
hotel acquisition
hotel management
hotelportfolio
india hotels
marriott bonvoy
marriott international
nepal hotels
rare india
samhi hotels
sri lanka hotels
Mumbai, February 23 Radisson Hotel Group (RHG) and MBD Group announced a long-term strategic partnership on Monday, under a Master Franchise Agreement, to support the growth of RHG's luxury and lifestyle brands, Radisson Collection and Radisson RED, across India.According to a joint statement...
asset-light expansion
business development
franchise agreements
hotel development
hotel franchising
hotelportfolio
india hospitality
managed hotels
management
mbd group
radisson collection hotels
radisson hotel group
radisson red hotels
south asia
strategic partnership
Mumbai, February 17 The Indian Hotels Company (IHCL) announced on Tuesday the signing of a 115-key SeleQtions hotel in Devanahalli, Bengaluru, converting a standalone resort and expanding the inventory to 120 keys."The signing of this hotel, the first SeleQtions in Bengaluru, will cater to...
bengaluru
devanahalli
golden tulip kukas jaipur
hospitality
hotel development
hotelportfolio
ihcl
india
indian hotels company
rajasthan
real estate development
sarovar hotels
seleqtions hotel
skywings sarovar portico mathura
uttar pradesh
Mumbai, February 13 Marriott International announced on Friday that its Asia Pacific region, excluding China, experienced a 32 per cent year-on-year growth in 2025, with the signing of 200 franchise agreements.The Asia-Pacific Economic Cooperation (APEC) region achieved its third consecutive...
2025
asia pacific region
franchise agreements
hotel development
hotelportfolio
india
japan
malaysia
marriott international
property owners
room development
series by marriott
thailand
travel demand
vietnam
New Delhi, February 11 Tamara Leisure Experiences announced on Wednesday that it plans to add nine new properties in the next three to four years, with the goal of doubling its room count to 1,200.The company operates eight hotels, spanning eco-luxury resorts, business and midscale leisure...
alleppey
asset-light model
bodh gaya
business travel
eco-tourism
hospitality industry
hosur
hotel development
hotel expansion
hotelportfolio
kaziranga
leisure travel
luxury resorts
property development
south india