HVS ANAROCK MONITOR, April 2025
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.
Press Releases
Empowering Innovation and Inclusion: UN Tourism Leads Global Dialogue at Expo 2025 Japan
At Japan’s Expo 2025, UN Tourism highlighted the key role of innovation and education for driving transformation and female empowerment in the sector.
HVS ANAROCK: India Hospitality Industry Overview 2024
The year 2024 unfolded as a powerful reminder of the world’s dynamic nature, a blend of geopolitical shifts, climate extremes, and economic recalibrations. Pivotal elections in India, France, the UK, and the US reshaped political narratives. At the same time, global conflicts, from the war in Ukraine to unrest in the Middle East, continued to impact economies and traveler sentiment. Yet, moments of celebration stood tall: the Paris Olympics united nations, the ICC Men’s T20 World Cup thrilled cricket fans, and global pop culture events like Taylor Swift’s Eras Tour captivated millions.
New Scorecard Highlights 11 Major Hotel Companies in China Achieving A+ Rating for Plant-Based Foods Policy Commitments
A new hospitality industry sustainability scorecard released by Shanghai-based food consultancy Lever China highlights eleven leading hotel groups in China receiving the highest possible rating for their policy commitments on plant-based foods.
PolyU Unveils Large Language Model-based Tourist Satisfaction Index, Providing Comprehensive Analysis to Enhance Hong Kong Tourism Service Quality
As tourism, one of the major pillars of the Hong Kong economy, gradually recovers from the pandemic, the government has planned a series of measures to promote the all-round development of the tourism industry. The Research Centre for Digital Transformation of Tourism (RCdTT) of The Hong Kong Polytechnic University (PolyU) School of Hotel and Tourism Management (SHTM) has developed an innovative, Large Language Model-based assessment framework – the Hong Kong Tourist Satisfaction Index (HKTSI) – to evaluate the satisfaction level of inbound tourists to Hong Kong from 2012 to 2024 across different tourism-related sectors, temporal scales and regions. Findings reveal that, while performance variations across different regions were clearly indicated, the TSI rebounded and reached its highest-ever recorded score after the temporary decline during the pandemic.
Holiday Inn Chennai OMR IT Expressway Celebrates General Manager Divakar Shukla's Dual Industry Accolades
Holiday Inn Chennai OMR IT Expressway is proud to announce that its General Manager, Mr. Divakar Shukla, has been recognized with two of the most prestigious honours in the hospitality industry, underscoring his outstanding leadership and dedication to excellence.
Millennium Hotels and Resorts Pledges S$1m to Empower Special Needs Community
Celebrating its 30th anniversary this year, Millennium Hotels and Resorts (MHR) has renewed its partnership with Community Chest (ComChest) with a three-year commitment to donate S$1 million (US$762,514) to support vulnerable communities in Singapore.
IHCL Accelerates Green Energy Push
The Indian Hotels Company (IHCL), India’s largest hospitality company, continues to advance its sustainability journey by accelerating the use of renewable energy across its portfolio. Under its ESG+ framework, Paathya, IHCL marked a significant milestone in FY 2024-25 with 51 hotels drawing power from clean energy sources including 13 operating on 100% renewable energy, through a mix of on-site installations, off-site sourcing, and strategic power purchase agreements.
Big Summer Event Weekend Gives a Boost to Auckland Hotel Market
The ‘short and sharp’ impact of a big weekend of summer events injected a much-needed financial boost into the Auckland hotel market, according to CBRE analysis.
Accor Expands in Central India with Signing of Novotel and ibis Styles in Indore
Accor, a global leader in hospitality, proudly announces the signing of Novotel Indore Super Corridor and ibis Styles Indore Super Corridor, solidifying its presence in one of Central India’s fastest-growing commercial hubs. Scheduled to open in 2029, this 310-key dual-branded hotel development will cater to Indore’s increasing demand for high-quality accommodations, supporting its transformation into a leading business and lifestyle destination.
IHCL Increases Its Footprint with 100 New Locations in FY2025 with 74 Signings and 26 Hotel Openings
Indian Hotels Company (IHCL), India’s largest hospitality company, increases its footprint with 100 new locations, with 74 signings and 26 openings in FY2025, taking its portfolio to 380 hotels.
UN Tourism Launches Investment Guidelines: “Tourism Doing Business: Investing in Indonesia”
UN Tourism has launched the latest edition in its series of investment guidelines: Tourism Doing Business: Investing in Indonesia. This comprehensive publication offers global investors a clear and data-driven overview of the vast opportunities in one of Southeast Asia’s most dynamic tourism markets.
Kempinski Hotels Extends Strategic Partnership with BTG Hotels to Grow Luxury Hospitality Offering in China
Building on over 30 years of partnership in the luxury industry in China, Kempinski Hotels and BTG Hotels (Group) Co., Ltd. (BTG Hotels) are pleased to announce a new chapter in their strategic partnership in China. Kempinski Group has started executing a strategic plan aimed at reclaiming and strengthening the market leadership the oldest European hospitality company has enjoyed for over 150 years.
Indonesia's Hospitality Sector Faces Challenges Amid Government Austerity Measures
The Indonesian hospitality industry is grappling with the effects of the government's budget austerity policy, introduced in November 2024, according to a recent survey conducted by the Indonesian Hotel and Restaurant Association (PHRI) and Horwath HTL.
Accor will bring luxury hospitality to both city and country in the culturally rich region of Rajasthan
Accor and Sukhani Ventures today announced plans to bring two of Accor’s most storied luxury brands – Raffles Hotels & Resorts and Sofitel Legend – to the vibrant region of Rajasthan in Northern India. Raffles Ranthambore will be a 63-villa ultra-luxury resort residing among the famed Ranthambore National Park, appealing to families, intrepid adventurers, and wildlife enthusiasts. A mere 130 km away, Sofitel Legend Sukh Bagh Jaipur will be a 300+ key urban oasis in the Kukas Amer region of Jaipur, ideal for events, weddings, and corporate retreats. Raffles Ranthambore is expected to open by mid-2027 and Sofitel Legend Sukh Bagh Jaipur by late 2028.
Radisson Hotel Group Crosses the 200 Hotels Mark in South Asia with the Signing of Five New Hotels
In line with its ambitious growth plan for 2025, Radisson Hotel Group has reached a historic milestone in India with crossing 200 hotels, following the signing of five new hotels. This achievement reflects the Group’s strategic expansion across high growth markets and cements its position as one of India's largest international hotel operators. The 128 operational hotels (14,209 keys) and 77 properties (8,619 keys) under development is a testament to its scalable business model and owner confidence.
Accor and Interglobe Forge a New Landmark Partnership to Redefine Hospitality in India
In a groundbreaking move set to transform India’s hospitality landscape, Accor, a global hospitality leader, and InterGlobe, India’s foremost travel conglomerate, announced today the strengthening of their partnership to create India’s fastest-growing Hospitality Enterprise - offering an unmatched network, a portfolio of brands and distribution across all market segments. With the ambition of capturing India’s booming hospitality market and combining the strengths of global leaders across the industry, the new platform will target a network of 300 hotels under Accor brands by 2030.
IHG Hotels & Resorts Launches Midscale Conversion Brand, Garner, in India with Dual Hotel Signing
IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of two Garner hotels in India, marking the brand’s debut with properties in Etawah in Uttar Pradesh and Kathua in Jammu & Kashmir. Scheduled to open in of 2026 Garner Etawah and with 2027 opening, Garner Kathua will be developed in partnership with Madan Infradevelopers Pvt Ltd and Rudraksh Nakshatra Hotel Pvt Ltd, respectively. This milestone underscores IHG’s commitment to expanding its footprint in India, positioning Garner as a preferred choice for travelers seeking high-quality, affordable stays.
IHG Unveils Strategic Overhaul of its Upper-Midscale segment in Greater China’s Hotel Market
IHG Hotels & Resorts has recently announced a bold strategic overhaul of its four upper-midscale brands in Greater China — Atwell Suites, EVEN Hotels, Holiday Inn, and Holiday Inn Express. Focused on optimizing investment structures and ongoing brand refreshments, the upgraded strategy is designed to deliver high-efficiency, high-return solutions for hotel owners in this fast-evolving market.
Imperial Hotel, Kyoto joins The Leading Hotels of the World (LHW）
The Imperial Hotel, Kyoto has joined The Leading Hotels of the World, the largest collection of independent luxury hotels on April 1st, 2025.
Imperial Hotel and LHW