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ITC Hotels Q4 profit jumps 23% to Rs 317 crore as revenue rises 18% to Rs 1,254 crore

ITC Hotels Q4 profit jumps 23% to Rs 317 crore as revenue rises 18% to Rs 1,254 crore

ITC Hotels delivered another strong quarter, with Q4 revenue from operations up 18% to Rs 1,254 crore and net profit up 23% to Rs 317 crore. For FY26, consolidated revenue rose 16% to Rs 4,139 crore and profit climbed 29% to Rs 821 crore. The company reported its highest-ever signings—33 hotels and 3,300 keys—plus a 67-hotel managed pipeline. ITC Hotels is also buying a Zuri luxury resort in Kumarakom to expand its Kerala leisure portfolio, targeting 250 hotels by 2031.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Marriott Accor and Hyatt chase India vibe economy with smaller rooms and bigger social spaces

Marriott Accor and Hyatt chase India vibe economy with smaller rooms and bigger social spaces

India’s hotel business is being reshaped by a “lifestyle-led” model as Marriott, Accor and Hyatt redesign properties around Gen Z and millennials. Instead of oversized rooms, hotels are shrinking space, upgrading vibrant lobbies and social zones, and betting on community-driven stays. The strategy lowers development costs while lifting revenue through longer, more frequent hangouts and brand experiences.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Ventine Hospitality Q4 profit jumps 72 percent to Rs 259 crore on surging revenue

Ventine Hospitality Q4 profit jumps 72 percent to Rs 259 crore on surging revenue

Ventine Hospitality Ltd reported a sharp turnaround for the year ending March 31, 2026. Q4 net profit rose 72% to Rs 259 crore, while full-year profit climbed to Rs 502 crore. Revenue grew strongly as both its hotel business and annuity portfolio performed well, supported by strategic acquisitions meant to fuel the next phase of expansion.

Summarised by Beize from a story on The Economic Times on 13 May 2026
IHCL ramps up overseas expansion while India stays steady in autopilot mode

IHCL ramps up overseas expansion while India stays steady in autopilot mode

Indian Hotels Company IHCL says domestic performance is steady, giving it room to look beyond India. The company plans to expand internationally using management contracts and operating leases, a model that can scale faster than owning assets outright. Investors will be watching how quickly IHCL converts its hospitality expertise into global partnerships.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Ennismore launches first India hotel in Mumbai betting on experiences not just luxury

Ennismore launches first India hotel in Mumbai betting on experiences not just luxury

Ennismore has opened its first hotel in India, the Roswyn in Mumbai, featuring 109 suites. The lifestyle hospitality group is entering a fast-growing market where analysts say India’s economic momentum is shifting traveller preferences toward luxury experiences. Ennismore’s move also signals more high-end openings across the country planned through 2031.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Airport hotels boom in India as new flights spark demand beyond big metros

Airport hotels boom in India as new flights spark demand beyond big metros

India’s expanding aviation network is giving the hotel industry a major lift, with leading chains adding or upgrading airport-adjacent properties. Growth in flight frequency and improved connectivity to smaller cities is drawing steady footfall from business travelers, transit passengers, and event organizers. Analysts expect the airport-hotel momentum to keep building as both aviation and hospitality investments accelerate.

Summarised by Beize from a story on The Economic Times on 10 May 2026

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Hotel Palacio Hospitality to invest Rs 800 crore in Eastern India expansion

Hotel Palacio Hospitality to invest Rs 800 crore in Eastern India expansion

Hotel Palacio Hospitality says it will invest around Rs 800 crore over the next decade to expand across Eastern India, with a special focus on the Northeast. The plan includes launching 10 new properties to build a stronger hospitality portfolio, and Guwahati is set to play a central role in guiding the growth strategy.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Radisson targets 160 hotels and 19500 rooms in India by end 2026

Radisson targets 160 hotels and 19500 rooms in India by end 2026

Radisson Hotel Group is accelerating its India expansion, aiming to operate 157 to 160 hotels and close to 19,500 keys by end-2026. The push supports its bigger target of 500 hotels by 2030, with developments planned not only in major cities but also in smaller towns—signaling a deep pipeline for the next few years.

Summarised by Beize from a story on The Economic Times on 3 May 2026
Commercial LPG price hikes threaten more hotel closures and job losses, industry warns

Commercial LPG price hikes threaten more hotel closures and job losses, industry warns

Hotels and restaurants say a sharp jump in commercial LPG cylinder prices is squeezing margins and pushing some businesses toward closure. Industry associations are urging the government to step in and roll back the hike, warning that soaring operating costs could translate into more layoffs across the hospitality sector, a major employment driver.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Uber adds 700000 hotels and pushes one app for everything say CEO

Uber adds 700000 hotels and pushes one app for everything say CEO

Uber has partnered to let users book hotels directly inside the app, adding about 700000 properties. Uber One members receive 20% off and can earn booking credits, turning trips into a rewards loop. The CEO frames the move as a step toward Uber becoming the single app for everything—beyond rides and into travel planning.

Summarised by Beize from a story on Entrepreneur on 30 Apr 2026

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amã Stays & Trails launches 10-bungalow cluster in Port Blair near Manjery beach

amã Stays & Trails launches 10-bungalow cluster in Port Blair near Manjery beach

Indian Hotels Company Limited has expanded its premium homestay brand amã Stays & Trails by signing a cluster of 10 bungalows in Port Blair. Located near Manjery beach, the property aims to bring an island stay experience with facilities including a restaurant, gym, spa, and pool—marking the brand’s entry into the coastal destination.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Gujarat Cotex plans Rs 43 crore rights issue to fuel expansion including a premium hotel

Gujarat Cotex plans Rs 43 crore rights issue to fuel expansion including a premium hotel

Gujarat Cotex will raise about Rs 43 crore through a rights issue to back expansion plans, including a new premium hotel. The offer is structured as six shares for every one held, opening April 10 and closing May 8. The funding is also expected to strengthen the company as it moves into real estate, hospitality, and agri-commodity trading.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Uber expands into hotels with new AI powered features reshaping how you book stays

Uber expands into hotels with new AI powered features reshaping how you book stays

Uber used its annual event to preview new features that move far beyond ride-hailing and into deeper travel and lifestyle territory. The company says AI is playing a key role, including new ways to help users plan and book parts of their trips—now extending into hotel business for the first time in a more direct way.

Summarised by Beize from a story on TechCrunch on 29 Apr 2026
Marriott doubles down on India expansion planning 200 hotels despite global travel shocks

Marriott doubles down on India expansion planning 200 hotels despite global travel shocks

Marriott International is pressing ahead with an aggressive India push, banking on a 200-hotel pipeline and targeting about 50 openings this year. The company says near-term international travel disruptions tied to the West Asia crisis won’t change its long-term growth plan, including a focus on spiritual tourism to drive demand.

Summarised by Beize from a story on The Economic Times on 26 Apr 2026

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Saudi Arabia hikes Hajj hospitality penalties for repeat offenders and risks license cancellation

Saudi Arabia hikes Hajj hospitality penalties for repeat offenders and risks license cancellation

Saudi Arabia has tightened rules for hospitality providers in Mecca and Medina ahead of Hajj, introducing harsher penalties for repeat violations. Authorities say fines will rise based on how often offenses occur and the size of the business, with repeat offenders facing possible closures and even license cancellation to improve pilgrim services during the peak period.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
T20 World Cup brings a gig jobs boom in host cities

T20 World Cup brings a gig jobs boom in host cities

Host cities for the ICC Men’s T20 World Cup are seeing a major surge in temporary gig work. Staffing firms expect hundreds of thousands of short-term roles, especially across hospitality and food services. Hiring has ramped up rapidly since late last year, with different cities showing distinct demand patterns for event-related staffing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India hotel boom enters golden cycle as luxury demand surges and supply lags Nomura

India hotel boom enters golden cycle as luxury demand surges and supply lags Nomura

India’s hospitality sector is entering a “golden cycle,” with Nomura pointing to rising average daily rates and attractive investment returns. Demand is outpacing supply, particularly for luxury hotels, as spending grows among wealthy travelers and business and tourism trips increase. A weakening rupee may also be drawing more foreign visitors, strengthening the outlook.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Luxury hotel general managers earn up to 1.15 crore as pay gaps widen fast

Luxury hotel general managers earn up to 1.15 crore as pay gaps widen fast

A new industry survey finds stark salary differences across hotel segments. General managers at top luxury hotels in the upper quartile earn around Rs 1.15 crore annually, versus about Rs 15.5 lakh for budget peers. Upscale hotels sit in between, with general managers making roughly Rs 55 lakh, highlighting how luxury positioning translates into compensation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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IHCL buys 51 percent stake in Brij Hospitality for Rs 222 crore to deepen expansion

IHCL buys 51 percent stake in Brij Hospitality for Rs 222 crore to deepen expansion

Indian Hotels Company (IHCL), the Tata Group firm, has completed its purchase of a 51% stake in Brij Hospitality for about Rs 222 crore. Through IHCL and its step-down subsidiaries, the transaction includes buying shares from existing shareholders and making a primary investment, bringing Brij Hospitality under IHCL as a subsidiary and strengthening its growth plan.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Branded hotels are moving into more state capitals with tens of thousands new rooms planned

Branded hotels are moving into more state capitals with tens of thousands new rooms planned

Branded hotels are set to expand rapidly across India’s state capitals, with Patna emerging as a standout. The pipeline in Patna is expected to reach eleven branded hotels, while across the country roughly 60,253 new rooms could be added over the next five years. Cities such as Lucknow, Kolkata, Shimla, and Raipur are also preparing for new developments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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