Hospitality Industry In India News

Recent industry report about Hospitality Industry In India company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Hospitality Industry In India industry experts.

Hospitality Industry In India News

  • In March 2024, Suba Group of Hotels launched its third hotel i.e., Click Hotel, in Pithampur, Madhya Pradesh, designed to cater to the new age business travelers and features 63 premium contemporary rooms and suites.
  • In February 2024, Radisson Hotel Group announced the signing and opening of the first internationally branded hotel in Ayodhya-Park Inn by Radisson Ayodhya.
  • In September 2023, Parkside Hotels & Resorts announced its intentions to grow its collection by securing contracts for a minimum of 20 hotels in India by the conclusion of 2024.
download-icon Get full market coverage in this industry
Download PDF
  • April 2023: The Dubai-based Hospitality Management Holding (HMH) Group announced plans to unveil 18 new hotels in the Arabian Travel Market. During the event, the Group showcased its regional hospitality projects and signed new partnership deals. HMH is expected to use this platform to reveal its forthcoming strategies and international expansion plans.
  • March 2023: IHG Hotels & Resorts, a global leader in the hotel industry with over 6,000 hotels worldwide, made headlines with the debut of Voco Dubai The Palm, a new beachfront hotel on the renowned Palm Jumeirah.
  • September 2023: Marriott Hotels inaugurated a new 398-room hotel in Munich, Germany. The Munich Marriott Hotel City West is located in the Westend neighborhood. It offers four dining options: a roof terrace, a fitness center, and an M Club lounge exclusively for Elite Marriott Bonvoy members.
  • December 2022: As part of their ongoing collaboration with Katara Hospitality, IHG Hotels & Resorts (IHG) announced the inclusion of the Carlton Cannes to its network of Regent Hotels & Resorts. It is anticipated to emerge as a flagship hotel within IHG's Luxury and Lifestyle Collection of the next generation of Regent Hotels and Resorts.
  • In April 2021, EDITION Hotels announced its further international expansion by the end of 2022, with the slated opening of 8 new properties across three continents. The new openings include sites in Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, Mexico's Riviera Maya at Kanai, and EDITION's second property in Tokyo.
  • April 2023: The Dubai-based Hospitality Management Holding (HMH) Group announced plans to unveil 18 new hotels in the Arabian Travel Market. During the event, the Group showcased its regional hospitality projects and signed new partnership deals. HMH is expected to use this platform to reveal its forthcoming strategies and international expansion plans.
  • March 2023: IHG Hotels & Resorts, a global leader in the hotel industry with over 6,000 hotels worldwide, made headlines with the debut of Voco Dubai The Palm, a new beachfront hotel on the renowned Palm Jumeirah.
  • September 2023: Marriott Hotels inaugurated a new 398-room hotel in Munich, Germany. The Munich Marriott Hotel City West is located in the Westend neighborhood. It offers four dining options: a roof terrace, a fitness center, and an M Club lounge exclusively for Elite Marriott Bonvoy members.
  • December 2022: As part of their ongoing collaboration with Katara Hospitality, IHG Hotels & Resorts (IHG) announced the inclusion of the Carlton Cannes to its network of Regent Hotels & Resorts. It is anticipated to emerge as a flagship hotel within IHG's Luxury and Lifestyle Collection of the next generation of Regent Hotels and Resorts.
  • August 2023: Brand Concepts Ltd, a fashion retail house specializing in travel gear, handbags, and lifestyle accessories, collaborated with United Colors of Benetton to introduce an exclusive collection of travel accessories and small leather items in the Indian market.
  • February 2023: Dufry AG, the world's largest duty-free operator, acquired Autogrill SpA, a company specializing in motorway and airport catering, from the Benetton Family.
  • March 2023: Radisson Hotel Group announced the signing of two new hotels in Islamabad, Pakistan, with a commitment to expanding its footprint in the South Asian market. The two new hotels, Radisson Blu Hotel & Residences (consisting of 432 rooms, suites, and serviced apartments) and Radisson Hotel Islamabad Multi Gardens, include 165 rooms, including four executive suites.
  • February 2023: Valor Hospitality Partners, a global integrated hotel and operations solutions company, announced to be operating the Hyatt Regency Lahore DHA. The franchise agreement with Hyatt and FP Global (Private) Limited marks the first Valor property in Pakistan to expand its portfolio into Southwest Asia.
  • August 2023: Skyscanner launched its Hindi language experience across all its products and services to penetrate deeper into the Indian market. Skyscanner acts as a one-stop solution for travelers looking to compare ticket fares, hotel tariffs, and intra-city commutes by curating data from its partner Online Travel Agent (OTA) sites.
  • August 2023: MakeMyTrip long with the Ministry of tourism has launched a unique Travellers' Map of India that showcases 600 plus destinations beyond the popular travel spots in the country.
  • October 2020 - The Hilton hotel brand is expanding its luxury brand Conrad Hotels & Resorts in Morocco. Hilton's new luxury hotel in Morocco will be constructed in the new luxury coastal town of Arzana, in between Harhoura and Skhirat. The new property will be called Conrad Rabat Arzana and is part of Hilton's 'Conrad Hotels & Resorts' brand. In Morocco, the tourist industry has been badly hit by the pandemic. Yet the investment by Hilton hotels' top luxury brand again shows the long-term appeal of Morocco as a top tourist destination.
  • May 2022: Saudi Arabia's leading theater operator Muvi Cinemas launched Muvi Studios. The new Studio will focus on developing both Saudi and Egyptian films for the Saudi public, concentrating on films for the big screen.
  • September 2022: Flash Entertainment officially opened its KSA headquarters in Riyadh, committed to contributing to rapid growth across Saudi Arabia's entertainment industry and supporting the Kingdom's Saudization goals. The strategic opening of Flash's headquarters in Riyadh demonstrates the company's alignment with Saudi Vision 2030 goals to foster a diverse economy and establish the Kingdom as a world-class live entertainment and tourism destination.

Hospitality Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)