Fortune Hotels Welcomes Samarth Agarwal as Head of Development

Fortune Hotels Welcomes Samarth Agarwal as Head of Development

By Nithyakala Neelakandan

Published on July 4, 2024

Fortune Hotels, part of ITC’s hotel group, has announced the appointment of Samarth Agarwal as the new Head of Development. With more than 20 years of experience in hospitality business development, investments, and consulting, Agarwal is set to lead Fortune Hotels through its next growth phase.

Agarwal's career includes roles in equity research focused on the gaming and lodging industry in the USA. He later moved into hotel and real estate consulting at Cushman & Wakefield, where he provided strategic advice to top hotel companies, owners, and developers. He then joined InterGlobe Hotels, a joint venture between Accor Hotels and InterGlobe Enterprises, working on hotel investments. Most recently, he led the Asset Light growth strategy for Lemon Tree Hotels across India, successfully executing over 50 contracts in three years.

As the new Head of Development at Fortune Park Hotels Limited, Agarwal will focus on expanding the network of Fortune-branded hotels across India. Based in Gurgaon, he will manage strategic growth initiatives, form key partnerships, and oversee new developments.

Fortune Hotels believes that Agarwal’s extensive industry experience and visionary leadership will be crucial for the brand’s expansion and success in the competitive hospitality market.

Samarth Agarwal has a diverse background in the hospitality industry. Starting with equity research in the USA, he specialized in the gaming and lodging sectors. He then transitioned to Cushman & Wakefield, providing strategic consulting for leading hotel brands. His move to InterGlobe Hotels involved hotel investments, where he honed his skills in the buy-side of hotel investment deals. At Lemon Tree Hotels, Agarwal led the Asset Light strategy, focusing on management contracts that significantly boosted the company’s growth.

In his new role at Fortune Hotels, Agarwal is expected to leverage his extensive experience to drive the brand’s development efforts. His strategic approach and ability to form effective partnerships are anticipated to play a key role in the brand’s growth.

Fortune Park Hotels Ltd, a wholly owned subsidiary of ITC Ltd, is a leading chain of business and leisure hotels in India. With 66 signed alliances and over 5,000 rooms across 56 cities, Fortune Hotels aims to provide contemporary accommodation for business and leisure travelers, emphasizing personalized service and great value.

The chain operates under various sub-brands like Fortune Select, Fortune Park, Fortune Inn, and Fortune Resort. Each brand is tailored to meet different guest requirements, ensuring a memorable stay.

Under Agarwal’s leadership, Fortune Hotels plans to expand its footprint across India, enhancing its presence in both established and emerging markets. The focus will be on strategic growth initiatives, fostering partnerships, and developing new properties that align with the brand’s philosophy of offering excellent service and value.

Fortune Hotels is confident that with Agarwal at the helm, the brand will continue to grow and succeed in the competitive hospitality sector. His appointment is seen as a pivotal step towards achieving Fortune Hotels’ long-term goals.

For more information about Fortune Hotels, visit itchotels.com/fortunehotels.


ibis and ibis Styles India Appoint Arish Mehta as Portfolio Director of Revenue Management

ibis and ibis Styles India Appoint Arish Mehta as Portfolio Director of Revenue Management

By Author

Published on December 29, 2025

ibis and ibis Styles hotels in India have announced the appointment of Arish Mehta as Portfolio Director of Revenue Management, effective December 2025. Based in New Delhi, Arish will lead the revenue management strategy across the ibis and ibis Styles portfolio in India, with a mandate to drive sustainable growth, enhance commercial performance, and strengthen collaboration across sales, operations, and digital teams.

Arish brings over 13 years of extensive experience with Accor, during which he has played a key role in shaping revenue and commercial strategies across rooms, food and beverage, and MICE segments. In his most recent role as Director of Revenue Management at a flagship Accor hotel in Mumbai, he oversaw the total revenue strategy for a 268-room property with four F&B outlets and large banquet facilities. Under his leadership, the hotel achieved a 29 percent year-on-year growth in room revenue, along with notable improvements in occupancy, average daily rate, and market share in a highly competitive premium segment.

Previously, as Cluster Revenue Manager, Arish managed revenue strategies for a portfolio of ibis hotels across major Indian cities. In this role, he consistently improved hotel performance and market rankings through disciplined pricing strategies, robust demand analysis, and effective inventory management. He also played an active role in mentoring junior revenue managers and contributing to Accor’s internal talent development initiatives.

Commenting on the appointment, Animesh Kumar, Commercial Head – ibis and ibis Styles India, said that as the ibis and ibis Styles network continues to expand across the country, strong portfolio-level revenue leadership is essential. He added that Arish’s deep understanding of the brands and markets, combined with his analytical strength and collaborative approach, makes him a valuable addition to the leadership team.

In his new role, Arish will focus on unlocking synergies across the ibis and ibis Styles brands, strengthening total revenue performance, and implementing a consistent, data-led revenue management approach across all markets.

Sharing his thoughts, Arish Mehta said he is excited to take on the portfolio role and contribute to the continued growth of ibis and ibis Styles in India. He noted that sustainable revenue performance comes from aligning data, systems, and people with a clear commercial vision, and he looks forward to building long-term impact across the portfolio in an evolving hospitality landscape.

With this appointment, ibis and ibis Styles India reaffirm their commitment to robust commercial leadership and long-term value creation across their growing hotel portfolio.


MAYFAIR Hotels & Resorts Strengthens Sales Leadership with Three Key Appointments

MAYFAIR Hotels & Resorts Strengthens Sales Leadership with Three Key Appointments

By Author

Published on December 29, 2025

MAYFAIR Hotels & Resorts has announced a significant strengthening of its sales leadership with the appointment of three seasoned hospitality professionals as Deputy General Managers – Sales & Marketing. These strategic appointments underline the brand’s continued focus on market expansion, revenue growth, and relationship-driven leadership across key regions in India.

Akhil Tanwar joins as Deputy General Manager – Sales & Marketing at the MAYFAIR Regional Office North, Delhi. With over 22 years of extensive experience in the hospitality industry, Mr. Tanwar brings deep expertise in sales strategy, corporate partnerships, and destination-led business development. His career spans leading hospitality brands including Clarion, InterContinental Hotels Group, Jaypee Hotels, Radisson Hotel Group, IHCL (Taj Hotels), and most recently Novotel Jaipur Convention Centre and Jaipur Exhibition & Convention Centre, where he served as Associate Director of Sales.

Ashwani Kumar, also appointed as Deputy General Manager – Sales & Marketing at the MAYFAIR Regional Office North, Delhi, brings 17 years of diverse experience across hospitality, events, and integrated sales platforms. He began his career with The Oberoi, New Delhi in Food & Beverage Events and has since worked with Weddingz.in, Ramada by Wyndham Neemrana, and The Lalit Group of Hotels, Delhi, where he last held the position of Associate Head of Sales.

Madhuri Nilesh Dixit takes on the role of Deputy General Manager – Sales & Marketing for the MAYFAIR West Region, based in Mumbai. With over 16 years of rich hospitality experience, Ms. Dixit is known for her strong capabilities in sales strategy, business development, and brand positioning. Her professional journey includes leadership roles at JW Marriott Goa, Hilton Shillim Estate Retreat & Spa, Lonavala, and Fairmont Jaipur. She is widely recognized for her strategic acumen and relationship-focused leadership style that enhances brand visibility across key markets.

Together, these appointments mark an important milestone in MAYFAIR Hotels & Resorts’ commitment to building a future-ready sales organization. The leadership team is expected to play a pivotal role in driving sustained growth, deeper market penetration, and long-term partnerships for the brand.

MAYFAIR Hotels & Resorts warmly welcomes Akhil Tanwar, Ashwani Kumar, and Madhuri Nilesh Dixit and looks forward to their contributions in advancing the group’s growth and success.


Machan Resorts Appoints Ankit Kotriwal as Head of Finance

Machan Resorts Appoints Ankit Kotriwal as Head of Finance

By Author

Published on December 29, 2025

Machan Resorts has announced the appointment of Ankit Kotriwal as Head of Finance, based at the company’s Mumbai Head Office. This strategic leadership addition comes as the brand continues to strengthen its financial governance and support its long-term growth and sustainability objectives.

A Chartered Accountant by qualification, Ankit brings over 15 years of extensive experience across leading global consulting and corporate organisations. His professional journey includes associations with reputed firms such as Ernst & Young and KPMG, where he built strong expertise in financial controls, audits, compliance, risk management, and strategic financial planning.

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With exposure spanning India, the United Kingdom, and the Middle East, Ankit has developed a deep understanding of multinational financial systems, regulatory frameworks, reporting standards, and scalable business operations. His global perspective is expected to further enhance Machan Resorts’ financial discipline and operational efficiency.

In his new role, Ankit will be responsible for driving the overall financial strategy of Machan Resorts, strengthening internal controls, optimising operational efficiencies, and supporting the organisation’s expansion and sustainability roadmap.

Commenting on the appointment, Sanat Hooja, Partner, Machan Resorts, said, “We are delighted to welcome Ankit to the leadership team. His depth of experience across global consulting firms and corporates, coupled with his strong understanding of financial systems and controls, will play a crucial role as we continue to strengthen our internal processes and support the company’s growth journey.”

Sharing his thoughts, Ankit Kotriwal said, “I am excited to join Machan Resorts at this important phase of its growth. The brand’s strong focus on sustainability and experiential hospitality resonates deeply with me. I look forward to working closely with the leadership team to build robust financial frameworks that support long-term value creation.”

Known for his structured and detail-oriented approach, Ankit also values continuous learning. Outside of work, he enjoys travelling, reading, writing, and programming, reflecting a balanced blend of analytical thinking and creativity. He will report directly to the Leadership Team.

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