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India

The Indian hospitality industry has experienced prominent growth in recent years due to various factors, including the rising purchasing power of domestic travellers, an increase in commercial development and foreign tourist arrivals, a growing airline industry and government-led initiatives aiming to stimulate the sector. There is a great deal of scope to expand tourism across India, and as the country improves air travel connections and relaxes visa restrictions, tourist arrivals should increase. The Indian hotel industry is highly fragmented, with a large number of small and unorganised players dominating the market. In recent years, there has been a shift towards the mid-market and budget segments in the industry, and the development of hotel aggregators in the budget space, who have consolidated the massive and unorganised hotel market.

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In the News

Holiday Inn Express Expands India Presence With Multiple Hotel Openings Across Cities

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announced the opening of seven more Holiday Inn Express hotels from the IHG-SAMHI partnership. The hotels are spread across some of the key cities in India, including, Pune, Hyderabad, Nashik, Ahmedabad and Bengaluru.

IHG signs Crowne Plaza Amaravati

InterContinental Hotels Group (IHG), one of world's leading hotel companies has signed a Management Agreement with Indroyal Hospitality Services Pvt Ltd for Crowne Plaza® Amaravati. The 300 rooms hotel will be the first IHG hotel ...

The Indian Hotels Company Limited (IHCL) Expands Presence In Goa With The Signing Of Two Hotels

Mumbai - The Indian Hotels Company Limited (IHCL), South Asia's largest hospitality company signed a management contract for two hotels in Goa adding 506 rooms to its pipeline. The Company will take over the management of the legendary 207 key Cidade de Goa which will form a part of the SeleQtions portfolio - a named collection of hotels and resorts with a distinct character.

IHG signs Holiday Inn Goa Candolim

InterContinental Hotels Group(IHG), one of world's leading hotel companies has signed a management agreement with Tipping Point Hospitality Private Limited for Holiday Inn Goa Candolim. Nestled amidst two of the North Goa's famed ...