HVS ANAROCK MONITOR, January 2026
December occupancy eased to 68-70% due to air travel disruptions, but ARR and RevPAR grew 7-9% YoY with Bengaluru leading at 20-25% rate growth.
December occupancy eased to 68-70% due to air travel disruptions, but ARR and RevPAR grew 7-9% YoY with Bengaluru leading at 20-25% rate growth.
Hilton today announced the opening of DoubleTree by Hilton Bengaluru Airport, the brand's largest hotel in India. The opening joins seven Hilton hotels operating in Bengaluru and solidifies Hilton's multi brand-presence in the city, from luxury, full-service and focused-service offerings. Developed in partnership with Dangayach Group, the hotel brings DoubleTree by Hilton's signature warm hospitality to the city's fast-growing airport corridor, reinforcing the growing importance of Bengaluru as India's most significant commercial and technology-led market.
IHG Hotels & Resorts, one of the world's leading hotel companies, has signed a management agreement with Rajdeep Infra & Sales Pvt Ltd for the development of voco Lucknow. Scheduled to open in Q3 2029, the upcoming hotel will introduce IHG's fastest-growing premium brand to this vital capital city, reinforcing the company's strategic expansion in high-potential urban centres across India.
Radisson Hotel Group has announced the opening of Radisson RED Indore, a significant milestone in its expansion across India. Designed to redefine Indore's hospitality scene, the hotel features 115 stylish rooms and suites, an all-day dining restaurant, a state-of-the-art fitness center and stunning rooftop infinity pool. Radisson RED Indore offers travelers with a vibrant, social, and connected experience, setting a new benchmark for contemporary stays in the city.
The Indian Hotels Company (IHCL), India's largest hospitality company, announced the onboarding of Tree of Life Sariska Manor in Tehla, Rajasthan, a conversion project.
In his new role, general manager's Mr.Vashisht will be responsible for list responsibilities: overseeing the hotel's staff and operations, sales, marketing, etc..
Indian Hotels Company (IHCL), India's largest hospitality company, today announced the opening of Ginger Gurugram, Sector 1 in Gurugram, Haryana.
Renaissance Bengaluru Race Course Hotel is pleased to announce the appointment of Shivankur Verma as its new Food & Beverage Manager.
Espire Hospitality Limited announces the appointment of Mr. Sharad Sharma as its Director of Sales to oversee the sales portfolio for ZANA Luxury Resorts and Country Inn Hotels & Resorts. With over 24 years of rich experience in the hospitality industry, Sharad joins Espire Hospitality Limited at a key phase as the company continues to strengthen its commercial and sales leadership.
IHG® Hotels & Resorts, one of the world's leading hotel companies, has signed a management agreement with Hanu Overseas to bring its distinctive luxury and lifestyle brand, Vignette Collection, to India. Scheduled to open early 2026, the Vignette Collection hotel in Panchkula reinforces IHG's strategy to accelerate its growth within India's high-potential luxury segment.
IHCL acquires 51% of Brij Hospitality for ₹undisclosed amount, adding 22 boutique properties to reach 610 total hotels.
Minor Hotels Australasia is pleased to announce the appointment of Anup Mathur to the newly created position of Account Director - India, underscoring the dynamic potential of the Indian market for Australasia.
IHG plans to triple its India hotel count from 130 to over 400 properties within five years, adding Vignette Collection brand in 2026.
Espire Hospitality Limited, one of India's fastest-growing hospitality companies, announces the opening of 'Country Inn, Varanasi', expanding its Country Inn Hotels & Resorts portfolio. Located in the heart of one of the world's oldest living cities, this new hotel marks another important step in Espire Hospitality's rapid expansion across high-potential destinations.
The Indian Hotels Company Limited (IHCL), India's largest hospitality company, today marks its foray into Tuticorin, Tamil Nadu with a Ginger branded hotel. This is a greenfield project.
Accor, a global leader in hospitality, proudly announces the signing of Sofitel Rishikesh Narendra Nagar, a landmark luxury resort nestled amidst the foothills of the Himalayas along the sacred River Ganges. Set to open in 2030, this exceptional property will bring Sofitel's signature French zest to one of India's most spiritual and naturally stunning destinations.
Six Senses Fort Barwara announced the appointment of Sanjana Pincha as Marketing & Communications Manager as the fort continues to strengthen its brand presence and storytelling across key markets.
Kochi Marriott Hotel is glad to announce the appointment of Yogendra Indulkar as Director of Operations. With over 20 years of experience in hotel operations across leading luxury and upper-upscale hospitality brands, Yogendra brings strong operational expertise, commercial acumen, and a deep commitment to guest satisfaction.
Warburg Pincus will invest up to ₹960 crore in Fleur while acquiring APG's 41% stake, creating separate asset-light and ownership platforms.
The year saw record hotel signings of 47,000 keys and industry consolidation through acquisitions, but faced challenges from airline disruptions and mixed GST reform impact.