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.

image

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.


Clarks Unveils “Go Local” Package for an Authentic Independence Day Celebration

Clarks Unveils “Go Local” Package for an Authentic Independence Day Celebration

By Manu Vardhan Kannan

Published on August 14, 2025

Clarks Hotels is inviting travellers to embrace the true spirit of Independence Day through its exclusive “Go Local” package, available from August 10th to 31st, 2025. Designed to celebrate India’s heritage while offering premium comfort, the package combines luxurious accommodation with immersive local experiences in Karnataka.

Guests booking the “Go Local” package can enjoy an elegantly appointed Deluxe Room on double occupancy, complete with a complimentary breakfast and their choice of lunch or dinner featuring authentic regional cuisine. The culinary journey begins with an artisanal kombucha welcome drink, followed by a specially curated “Local Flavours” surprise, showcasing signature Karnataka desserts and savories prepared in-house. Throughout the stay, guests can also enjoy 20% savings on all food and beverage experiences, as well as daily evening indulgence with tea, coffee, cakes, and cookies at Ambrosia from 4:00 PM to 5:00 PM.

Adding to the patriotic spirit, the package includes an invitation to participate in the hotel’s symbolic flag-hoisting ceremony on August 15th, offering guests a meaningful way to connect with India’s independence celebrations alongside fellow travellers.

Special privileges include valuable spa credits, a complimentary one-level room upgrade (subject to availability), and late checkout until 2:00 PM. Guests also have unlimited access to the swimming pool and recreational facilities.

For families, Clarks offers additional bed arrangements at special rates, complimentary stays for children under five, and attractive prices for young guests aged 6–12 without an extra bed.

Through the “Go Local” package, Clarks blends warm hospitality with the richness of Karnataka’s culture, ensuring that guests experience more than just a luxurious stay, they take home a deeper connection to India’s heritage and traditions.


Mountain View Luxury at Fortune Resort Kalimpong

Mountain View Luxury at Fortune Resort Kalimpong

By Hariharan U

Published on August 12, 2025

Nestled high in the serene hills of Kalimpong, Fortune Resort by ITC Hotels offers guests a seamless blend of nature’s splendour and contemporary hospitality. With panoramic views stretching from snow-capped Himalayan peaks to lush valleys and sprawling tea gardens, the resort is a tranquil sanctuary for those seeking both rejuvenation and inspiration in the Eastern Himalayas.

The property’s thoughtfully designed rooms and suites strike a balance between elegance and warmth. Modern amenities meet classic charm, with large windows framing postcard-worthy landscapes that change with the mountain light from soft morning hues to dramatic sunsets.

Food is an experience in itself at Fortune Resort Kalimpong. The signature restaurants showcase a culinary journey that spans the globe from authentic Himalayan delicacies to refined international fare. Guests can enjoy their meals in stylish indoor dining spaces or opt for scenic outdoor settings where the crisp mountain air elevates every flavour.

Beyond the property, the resort offers an array of curated experiences. Nature lovers can venture into pine-scented forests on guided trails, while culture enthusiasts can immerse themselves in Kalimpong’s rich heritage through local tours and interactions. For those who simply wish to slow down, the peaceful surroundings offer a perfect backdrop for quiet contemplation.

Fortune Resort Kalimpong is equally adept at hosting intimate getaways and grand celebrations. Whether it’s a romantic escape, a family holiday, a wedding, or a corporate retreat, the property’s versatile spaces, personalised service, and breathtaking vistas create an unforgettable setting for every occasion.

With ITC Hotels legendary hospitality as its foundation, every stay here is infused with warmth, attention to detail, and a deep connection to place. At Fortune Resort Kalimpong, every sunrise feels like a painted masterpiece, and every moment lingers long after the journey home.


Lemon Tree Hotels Expands Footprint in Uttar Pradesh with New Chandausi Property

Lemon Tree Hotels Expands Footprint in Uttar Pradesh with New Chandausi Property

By Hariharan U

Published on August 10, 2025

Lemon Tree Hotels Limited has announced the opening of Lemon Tree Hotel, Chandausi, its eighth property in Uttar Pradesh. The 61-room property is set to launch in two phases, with Phase I debuting 31 well-appointed rooms, the Citrus Café multi-cuisine restaurant, and expansive banquet spaces.

Phase II will follow with the remaining 30 rooms and suites, along with Republic of Noodles, the brand’s signature Pan-Asian restaurant, a Pool Bar & Grill, fitness centre, swimming pool, and additional banquet facilities.

image

Chandausi, located in the Sambhal district, is a quaint yet well-connected town whose name derives from “Chanda Si” meaning “moon-like”. Positioned strategically on the railway route linking Moradabad, Bareilly, and Delhi, the city offers strong connectivity while preserving its small-town charm.

Commenting on the launch, Vishvapreet Singh Cheema, President, Lemon Tree Hotels, said, We are pleased to announce the furthering of our footprint in Uttar Pradesh with the launch of our new property in Chandausi. This aligns with our vision of establishing a presence across India in cities across all tiers to become the most preferred hospitality chain in the country.”

With its blend of modern amenities and strategic location, Lemon Tree Hotel, Chandausi aims to cater to both business and leisure travellers seeking a fresh, vibrant stay experience in this historic town.

Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!

Subscribe to Hospitality news e-magazine for free and never miss an issue.

By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.