Loading...
You have Successfully logged In !
Already have an account? Login
By clicking Register you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Don't have an account?Register
Enter your E-mail address below, We will send the verification code
Please enter the code send to
Didn't receive the email?Click to resend
Your password has been successfully reset!.
Please login again to access your account.
An OTP has been sent to
Enter the 4-digit code
By Nishang Narayan
Published on June 14, 2024
Fortune Hotels, a member of ITC’s hotel group, proudly announces the opening of Fortune Park Palampur, nestled in the serene landscapes of the Dhauladhar mountains. This upscale hotel is the sixth addition to Fortune Hotels' portfolio in Himachal Pradesh and the twelfth in its #HillsOfFortune collection.
Located in the quaint Tea Capital of North-west India, Fortune Park Palampur is designed for the urbane traveler. It opens doors to a surreal world of experiences and facilities that are truly memorable and immersive, whether on a leisurely vacation, a short stopover, or seeking a retreat to overcome work fatigue. The hotel features plush rooms and suites with elegantly styled interiors and a modern vibe, offering breathtaking views of the Dhauladhar range from most rooms and vantage points.
Guests can indulge in adventure activities, take leisurely strolls through the velvety tea gardens, seek solace on a temple trail, or simply enjoy the breathtaking views from various vantage points across the property. Social-party spaces and wellness facilities, including an indulgent indoor heated pool and a soon-to-open spa, provide the ultimate relaxation experience after a day of exploration.
Expressing delight on the new launch, Samir MC, Managing Director of Fortune Hotels, said, "Fortune Park Palampur is our 6th hotel launch in the scenic state of Himachal Pradesh. This new gem is a fresh addition to our flagship #HillsOfFortune portfolio. As we grow our base, we re-emphasize our commitment to entering newer untapped destinations and highlight our dedication to extend exceptional hospitality across India and proximal markets. With high points like 'Barrel Island,' the district’s first microbrewery, we are poised to elevate the experiences for our guests, ensuring they have a visually captivating stay intertwined with the rich cultural tapestry of Palampur."
Fortune Park Palampur enhances the guest experience with its playful vibe and warm hospitality at its multi-faceted F&B outlets. Barrel Island, the city's first microbrewery, serves three home brews on tap, a collection of spirits, and enchanting views of the Dhauladhar. The microbrewery also features all-weather party cabanas, an archaic fireplace, and a wood-fired pizza oven. Fortune Deli is a hip café with a book nook and a live station brewing coffee and conversations, offering scrumptious delights along with lively street cacophony.
The hotel is set to become a coveted venue for corporate events and social gatherings, with versatile banqueting spaces and a well-equipped meeting room cum party hall set to open soon.
Fortune Park Palampur is conveniently accessible by air and road from Dharamsala (34 km), Amritsar (230 km), or by rail from Pathankot (112 km) and Amb Andaura (105 km).
About Fortune Park Hotels Ltd
Fortune Park Hotels Ltd is a wholly owned subsidiary of ITC Ltd. and is India’s leading chain of first-class, full-service business and leisure hotels, with 66 signed alliances and over 5000 rooms across 56 cities in India, including Nepal. Fortune Hotels’ brand philosophy is driven by its objective to provide contemporary accommodation to business and leisure travelers through a wide range of accommodation in pertinent destinations, with an emphasis on personalized service at great value. Convenient locations, excellent cuisine, efficient service, and competitive pricing have made the Fortune Hotels chain popular among discerning travelers. The sub-brands under which the hotels are operated include Fortune Select, Fortune Park, Fortune Inn, and Fortune Resort.
For more information, visit: itchotels.com/fortunehotels
From Uttarakhand, India to New York: Yogesh Singh Rawat’s In...
In the ever-evolving world of hospitality, stories of persev...
Unboxed at The Lalit: Pride Month Exhibition Puts Queer Art ...
In a city where tradition and transformation often collide, ...
Al Habtoor City Redefines Luxury Wellness Escapes in Dubai
In the heart of Dubai’s vibrant landscape lies Al Habtoor Ci...
GReaT Green Meetings: Great Trails Yercaud by GRT Hotels Unv...
Great Trails Yercaud by GRT Hotels has unveiled an innovativ...
Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.
Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.
Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”
The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”
Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.
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.
A platform dedicated to showcase the skills and creativity of hospitality professionals. Share your articles, videos and other content related to the industry and get recognized for your unique perspective and expertise. By posting your content and gaining likes from your own community, we'll categorize your talents and expose them to the hospitality world. Join our community of passionate hospitality professionals and let your talent shine!.
Already have an account?Login
By clicking you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Subscribe for ₹2,000 and receive our monthly magazine for one year (12 months) from the coming month and save 2 months cost.