Hotel Sector

Global hospitality major Radisson Hotel Group has unveiled an ambitious expansion blueprint for India, aiming to operate 500 hotels and employ over 50,000 people by 2030. The plan underlines the company’s confidence in India’s fast-evolving travel and tourism sector, driven by rising domestic demand, infrastructure growth, and increasing business mobility.

Radisson Hotel Group (RHG) has intensified its expansion strategy in India, achieving a key milestone of over 200 hotels across the country, with approximately 130 operational and 70 more in development. Over the past 18 months, the group has signed 59 new hotels and expanded into 47 additional cities, solidifying India’s position as one of its fastest-growing global markets.

The Maharashtra Industrial Development Corporation (MIDC) has granted SAMHI Hotels (Pune) Pvt. Ltd. an extension to complete its ongoing hospitality project in Hinjawadi, Pune, allowing the company more time to meet development milestones. The decision comes amid renewed investor confidence in India’s hospitality sector, which has seen strong post-pandemic recovery and robust demand for branded accommodations in technology hubs.

Bollywood star Shilpa Shetty has added another feather to her entrepreneurial cap with a high-end restaurant in Mumbai that has quickly become one of the city’s most exclusive dining destinations. Reportedly valued at around Rs. 3 crore per night in operations, the opulent space offers a blend of art, architecture, and gastronomy—so much so that even with a 1,400-seat capacity, guests face a waiting list.

Brigade Hotel Ventures reported a remarkable 57% year-on-year increase in its profit after tax (PAT) for the second quarter, rising to Rs 11 crore. The growth reflects a rebound in the hospitality sector, supported by higher occupancy rates, improved operational efficiencies, and increased consumer spending on leisure and business travel. Revenue growth was bolstered by strong performance across the company’s key properties, with strategic cost management contributing to margin expansion.

ITC Hotels has posted a robust financial performance for the second quarter, with net profit soaring 74% to Rs 133 crore, reflecting strong recovery in the hospitality sector. Revenue growth was driven by higher occupancy rates, increased average room tariffs, and strong performance across premium and leisure properties. The company’s strategic focus on operational efficiency, brand enhancement, and cost management contributed to improved margins.

Radisson Hotels is set to expand its footprint in Uttar Pradesh by opening eight new properties across key cities, reflecting the growing demand for premium hospitality in India’s most populous state. The move underscores the brand’s commitment to strengthening its presence in tier-2 and tier-3 urban centers while tapping into rising domestic and business travel. The upcoming hotels will feature a mix of business and leisure-oriented accommodations, leveraging Radisson’s global standards and service excellence.

The Oberoi Group, one of India’s premier luxury hospitality brands, has announced plans to open two new resorts in Rishikesh, signaling a significant expansion in the northern wellness and leisure tourism market. The resorts aim to cater to the growing demand for premium travel experiences, combining luxury accommodations with wellness, adventure, and spiritual tourism offerings.

EaseMyTrip posted robust growth in the first quarter of 2025, propelled by rising demand in hotel bookings and holiday packages. The company’s strategic focus on expanding its accommodation portfolio and bundling travel services has resonated with Indian travelers seeking convenience and value. Domestic tourism, coupled with an uptick in short-haul leisure trips, has contributed to higher revenues across key segments. Analysts note that the platform’s agile pricing strategies and targeted promotions have strengthened customer retention and acquisition.

India’s hospitality sector recorded a sharp spike in occupancy and room rates during the Independence Day weekend, as domestic travel demand surged across leisure and urban destinations. Hotels in popular tourist spots and metropolitan hubs reported near-full bookings, driven by the extended holiday period and robust consumer sentiment. Average room tariffs jumped significantly compared to last year, with premium properties leading the gains.