2706 New Rooms Entered in India in H1 2024 in Upscale & Premium Segment- SKYE Report

2706 New Rooms Entered in India in H1 2024 in Upscale & Premium Segment- SKYE Report

By Nishang Narayan

Published on August 6, 2024

SKYE Hospitality, an end-to-end hospitality & strategy consulting company, has released its maiden market analysis on the pulse of the Indian hotel industry for the first six months of 2024. The analysis has shared some interesting insights and perspectives on the Indian hospitality sector.

According to the analysis, 2706 rooms have entered the market in H1 2024. Out of these, 994 rooms (~37%) consisted of upscale rooms, while the remaining (63%) consisted of premium inventories. A total of 22 new projects have opened in H1 2024, with major hospitality brands such as IHCL, ITC, Radisson, Hyatt, ROHL, Bharat Hospitality, and Wyndham contributing to the new projects.

34% of the new supplies were located in the West, followed by the East (28%). The North and South contributed to 26% and 12% respectively. "The Indian hospitality industry is on a strong footing marked by a rise in occupancy, new projects opening, and a bullish pipeline for the future. In the first half, average occupancy in major hotels ranged between 70-75%. Occupancy has risen by around 15-20% compared to the same period last year," quoted Mr. Ankit Kansal, MD, SKYE Hospitality.

"The Indian hotel industry is witnessing a robust rebound backed by a rise in business events, leisure travels, wedding season, etc. Other factors such as the growing trend of staycations, a surge in experiential travel trends amongst millennials & Gen-Z, and a rise in wellness tourism packages are also fuelling demand for hospitality businesses in India. The concept of revenge travel is also there, as most of the hotels operate at 100% occupancy during extended weekends," added Mr. Kansal.

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The government is also playing a pivotal role through concentrated policy efforts to boost infrastructure and introduce numerous attractive schemes. Multiple schemes such as Dekho Apna Desh, Incredible India, PRASHAD, Aayush, etc., have been introduced, helping in hotel demand. There has been notable growth in infrastructure development in the form of highways, railway corridors, and airports, enhancing overall accessibility. Consequently, major hotel brands are now launching new products in territories such as North East, J&K, Andaman, and Lakshadweep. These locations have been relatively less explored in the past.

During the same period, around 243,000 Sq. Ft of hotel-based meeting and banquet space entered the market, as per the SKYE analysis. Eastern parts of India accounted for the highest supplies (47%) followed by the North (25%). The Indian event and meeting industry is growing at a steady rate of 8-10%. India is becoming a reputed MICE destination internationally, stemmed by growth in infrastructure, a rise in the economy, and rich cultural heritage.

Commenting on the future outlook of the industry, Mr. Kansal said, "The next 3-5 years will see aggressive expansion in the industry, as both domestic and international brands will extend their footprint across segments."

Taj is presently working on over 20 projects, while Vivanta is invested in around 50 new projects. International hospitality brand Accor is planning to add 5500 new rooms across various brands such as Pullman, Novotel, IBIS, etc. Oberoi Groups is also planning to add around 50 projects in the next 5 years across Oberoi Hotels and Trident. The group is also planning to introduce a new brand, "Oberoi Nature," which will be a smaller format hotel.


The Ritz-Carlton Pune Celebrates Ukiyo's 50 Best Discovery Recognition

The Ritz-Carlton Pune Celebrates Ukiyo's 50 Best Discovery Recognition

By Manu Vardhan Kannan

Published on July 20, 2026

 Ukiyo, the signature Japanese restaurant at The Ritz-Carlton, Pune, has been featured on 50 Best Discovery, the global platform that highlights outstanding restaurants, bars, hotels and vineyards across the world.

The inclusion comes as part of the platform's latest expansion in July 2026, which added more than 650 hospitality venues. The update also introduced over 75 new cities and towns to the platform, further broadening its global coverage of dining, drinking and travel destinations.

With the latest additions, 50 Best Discovery now features more than 3,500 hospitality establishments across 800+ cities and towns worldwide, including over 210 restaurants, 110 bars, 130 hotels, and, for the first time, more than 190 vineyards as a dedicated category.

Each venue on the platform, including Ukiyo, is selected based on votes from the expert voting Academies responsible for creating the annual global and regional 50 Best lists.

At The Ritz-Carlton, Pune, Ukiyo offers a contemporary Japanese dining experience that combines traditional techniques with modern influences. The menu features handcrafted sushi, sashimi, robata-grilled specialities and signature dishes designed for sharing, prepared using premium ingredients while staying true to authentic Japanese flavours.

Complementing the dining experience is an elegant al fresco bar, serving handcrafted cocktails inspired by Japanese artistry. The venue is designed to cater to intimate dinners, celebrations and social gatherings in a refined setting.

A key highlight of the restaurant is the Ukiyo Drift deck, home to Pune's iconic al fresco bar. Featuring Japanese-inspired mixology, seasonal ingredients and signature cocktails, the space has become one of the city's sought-after destinations for elevated evening experiences.

50 Best Discovery serves as a curated digital guide for travellers, diners and cocktail enthusiasts. More than 3,000 Academy members from around the world, recognised for their expertise in local hospitality scenes, contribute to the selection process. While the platform extends the annual 50 Best rankings, it is not a ranking itself, and venues cannot apply for inclusion. Instead, selections are made solely through recommendations from the expert voting Academies.

The inclusion of Ukiyo on the platform further strengthens The Ritz-Carlton, Pune's position as a destination for world-class dining and premium hospitality experiences.


Cravings at Sayaji Hotel Vadodara Wins Family Restaurant of the Year 2026 Award

Cravings at Sayaji Hotel Vadodara Wins Family Restaurant of the Year 2026 Award

By Author

Published on July 19, 2026

Cravings, the signature all-day dining restaurant at Sayaji Hotel Vadodara, has been honoured with the prestigious ‘Family Restaurant of the Year 2026’ award at the Restaurant India Awards 2026. The recognition celebrates the restaurant’s commitment to culinary excellence, exceptional service, and creating memorable dining experiences for families and guests across generations.

A flagship dining destination at Sayaji Hotel Vadodara, Cravings has established itself as a preferred choice for guests seeking quality cuisine, variety, and warm hospitality. Known for its extensive breakfast, lunch, and dinner buffets, the restaurant offers a diverse selection of Indian and international cuisines, along with thoughtfully curated menus, seasonal food festivals, and live culinary experiences.

With its inviting ambience and guest-focused approach, Cravings caters to a wide range of occasions including family celebrations, festive gatherings, business lunches, and casual dining experiences. The restaurant continues to blend culinary innovation with the signature hospitality standards of Sayaji Hotels.

Commenting on the achievement, Anand Mishra, Director of Operations, Sayaji Hotel Vadodara, said, "We are honoured to receive the 'Family Restaurant of the Year 2026' award at the Restaurant India Awards. This recognition reflects the dedication of our team and the trust of our guests, who inspire us to continually elevate our dining experiences. We remain committed to delivering exceptional hospitality and creating memorable moments for every family that dines with us."

The award highlights the passion and dedication of Cravings’ culinary and service teams, who continue to enhance the dining experience through innovative concepts, regional food festivals, interactive dining experiences, and personalised service.

Through its focus on quality cuisine, guest satisfaction, and memorable experiences, Cravings continues to strengthen its position as one of Gujarat’s leading family dining destinations. The recognition further reinforces Sayaji Hotel Vadodara’s commitment to delivering exceptional culinary experiences and hospitality excellence.


Hyatt Hotels in Goa Launch GOA YOU 2026 with New Hyatt Hideaways Seasonal Experience

Hyatt Hotels in Goa Launch GOA YOU 2026 with New Hyatt Hideaways Seasonal Experience

By Hariharan U

Published on July 14, 2026

Hyatt Hotels in Goa have announced the launch of GOA YOU 2026, marking the fourth consecutive year of the destination-led campaign that celebrates Goa beyond its traditional tourism experiences. This year's edition introduces Hyatt Hideaways, a seasonal stay offering designed to encourage travellers to experience the destination at a slower, more personal pace during the summer and monsoon months.

Built around the belief that Goa allows every traveller to discover a different version of themselves, GOA YOU 2026 focuses on meaningful experiences ranging from relaxed mornings and local discoveries to leisurely dining and moments of quiet indulgence. The initiative highlights how every visit to Goa is unique, whether for families, couples, or solo travellers.

The campaign brings together Hyatt's five properties across the state: Grand Hyatt Goa, Alila Diwa Goa, Hyatt Centric Goa, Ronil Goa – a JdV by Hyatt Hotel, and Hyatt Place Goa. Together, the hotels offer diverse experiences spanning luxury resorts, lifestyle hotels, and contemporary accommodation across North and South Goa.

Introduced as the centrepiece of this year's campaign, Hyatt Hideaways is a curated seasonal package available for stays from 28 April to 30 September 2026, with bookings open until 15 September 2026. The offer requires a minimum stay of two nights and is designed to encourage guests to explore Goa beyond the peak holiday season.

The package includes a welcome beer on arrival, daily buffet breakfast, one cocktail or mocktail per guest during dinner or a daily beer bucket, along with an INR 1,000 hotel credit per night. Through these inclusions, Hyatt aims to enhance the guest experience while promoting longer, more immersive stays.

By showcasing Goa's lush monsoon landscapes, local culinary experiences, and slower pace of life, GOA YOU 2026 encourages travellers to rediscover the destination from a fresh perspective. The initiative reinforces Hyatt Hotels' long-standing connection with Goa while positioning the state as a year-round destination for leisure and experiential travel.

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