IHG Hotels & Resorts strengthens South India presence with signing of Holiday Inn Express & Suites Madurai
The 150-key hotel near Madurai International Airport will serve the city's 27 million annual visitors when it opens in early 2029.
The 150-key hotel near Madurai International Airport will serve the city's 27 million annual visitors when it opens in early 2029.
The Statista-Booking.com survey of 285 Indian hoteliers shows 75% expect positive growth in next six months, with 70% reporting higher occupancy rates despite tighter funding access.
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.
IHCL acquires 51% of Brij Hospitality for ₹undisclosed amount, adding 22 boutique properties to reach 610 total hotels.
IHG plans to triple its India hotel count from 130 to over 400 properties within five years, adding Vignette Collection brand in 2026.
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.
India's hotel sector hit 72-74% occupancy in November 2025 with ARR growth of 15-17% month-over-month, driven by metro cities like Pune and Chennai.
Five Hampton by Hilton hotels totaling 350+ keys will open across Amritsar, Vrindavan, Raipur, and Lonavala within two years under a licensing deal with NILE Hospitality.
India's hotels saw ARR rise 10-12% year-on-year in October 2025, driven by corporate travel recovery and Diwali leisure demand.