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By Author
Published on December 26, 2023
Four Seasons, a name synonymous with luxury in the hospitality industry, is set to mark its presence in China's bustling metropolis, Shanghai. In collaboration with Fungseng Prosperity Holdings, the Canada-based hospitality giant has announced plans for a new opulent hotel, slated to open doors in 2027.
A Skyscraping Marvel: Four Seasons Hotel Shanghai
This forthcoming property, the Four Seasons Hotel Shanghai, is a testament to architectural grandeur. Rising 44 stories high, it will house 160 rooms and suites, each designed to offer the quintessential Four Seasons experience. The hotel's strategic location along Huaihai Zhong Road in the Huangpu district of Puxi positions it perfectly at the heart of Shanghai's vibrant shopping, dining, and entertainment hub. This area is celebrated for its unique blend of contemporary creativity and historical Art Deco architecture, offering guests a taste of Shanghai's rich cultural tapestry.
A Strategic Collaboration
The partnership between Four Seasons and Fungseng Prosperity Holdings is more than just a business venture; it's a strategic move to bolster the luxury hotel brand’s footprint in Shanghai. William Wai-hoi Doo, chairman of Fungseng Prosperity Holdings, expressed pride in this collaboration, highlighting Shanghai's allure as a destination that beautifully marries its historic charm with a dynamic, modern vibe.
Harmonising Luxury with Local Flavour
The design and architecture of the Four Seasons Hotel Shanghai promise to be as impressive as its location. Renowned architects Ricardo Bofill and P&T Group have lent their expertise to this project, while the interiors will bear the signature elegance of Jean-Michel Gathy from DENNISTON. A notable feature of the property will be the restored traditional Shikumen lane houses at its base, adding a touch of local heritage. The hotel will also feature a top-tier seafood restaurant, aligning with Shanghai's culinary prestige.
A World of Amenities
Four Seasons Hotel Shanghai is set to offer an array of amenities. Alongside 7,212 square feet of meeting and event space, the hotel will also boast 7,438 square feet of comprehensive wellness facilities. These features are tailored to cater to both business and leisure travelers, ensuring a stay that is both productive and rejuvenating.
A New Chapter in Shanghai's Luxury Hospitality
Bart Carnahan, President of Global Business Development, Portfolio Management, and Residential at Four Seasons, shared his enthusiasm for the project. He emphasized that Four Seasons' return to Shanghai is set to introduce a new dimension to luxury hospitality in the city, capturing its vibrant character. With a keen focus on the growing importance of Shanghai in the luxury travel market, this new establishment is poised to become a landmark destination for discerning travelers.
In summary, the Four Seasons Hotel Shanghai is not just another addition to the city's skyline. It's a promise of luxury, comfort, and an immersive experience into the heart of one of the world's most dynamic cities.
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By Manu Vardhan Kannan
Published on May 15, 2026
The Indian Hotels Company Limited (IHCL) has announced its consolidated financial results for the fourth quarter and full year ending March 31st, 2026, achieving its sixteenth consecutive quarter of record performance.
For the full financial year FY2025-26, IHCL reported revenue of INR 9,971 crores, reflecting a 16% year-on-year growth. The company recorded EBITDA of INR 3,477 crores and delivered its highest-ever Profit After Tax (PAT) of INR 2,084 crores.
For Q4 FY2026, IHCL posted consolidated revenue of INR 2,845 crores, marking a 14% increase over the previous year. EBITDA stood at INR 1,052 crores with an EBITDA margin of 37%, despite challenges arising from the West Asia conflict.
Commenting on the performance, Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q4 FY2026 marks sixteenth consecutive quarter of record performance with a Consolidated revenue of INR 2,845 crores, a 14% growth over the previous year, EBITDA of INR 1,052 crores and an EBITDA margin of 37%, notwithstanding the impact of West Asia conflict. For FY2026, the company delivered on its guidance of double-digit revenue growth despite macro-headwinds with revenue of INR 9,971 crores, a growth of 16% leading to an all-time high EBITDA of INR 3,477 crores, EBITDA margin of 34.9% resulting in the best ever PAT of INR 2,084 crores.”
He further added, “IHCL, led by its multi-brand presence across segments coupled with a balanced growth strategy focused on capital light with select investments has delivered consistent performance over sixteen quarters.”
During FY2026, IHCL introduced three new brands, increasing its portfolio of major brands to fourteen. The company also achieved a milestone of 250 hotel signings, taking its overall portfolio to 630 hotels with a pipeline of 255 hotels.
The company further expanded through both inorganic and organic growth, opening or onboarding over 130 hotels across segments. Its expansion strategy strengthened its position in luxury, experiential leisure, and mid-scale hospitality markets.
IHCL also maintained a strong financial position with a gross cash balance of INR 4,345 crores as of March 31st, 2026. The company has proposed a dividend of 25% of Consolidated PAT before exceptional items, including a special dividend to mark IHCL’s 125th Annual General Meeting.
According to the company, FY2026 focused on building a resilient, scalable, and future-ready hospitality ecosystem while continuing long-term growth plans.
By Hariharan U
Sheraton Grand Palace Indore has introduced a new immersive dining concept titled “Sarafa se Chappan,” designed to celebrate the vibrant street food culture of Indore through a curated culinary journey.
The experience brings together the iconic flavours of Sarafa Bazaar’s lively night food scene and the diverse offerings of Chappan Dukan, two of the city’s most celebrated culinary destinations. Hosted at S Café, the initiative transforms familiar street food favourites into a refined, sit-down dining format while preserving their authenticity and regional character.
The specially curated menu features a wide range of Indori street food staples, including Potato Hot Dog, Sweet Potato Spiral, Jeeravan Spiced Corn, Indori Chatpati Bhel, and Tandoori Fruits. Complementing the food selection are locally inspired beverages such as Jamun Shots and Pineapple Crusher, designed to reflect the bold, tangy, and refreshing flavours associated with Indore’s street culture.
The concept is built around storytelling through food, where each dish represents a sensory connection to the city’s culinary heritage. By blending nostalgia with presentation-driven dining, the experience aims to recreate the energy and vibrancy of Indore’s bustling food streets within a premium hospitality setting.
According to the hotel, the initiative is designed to offer guests more than just a meal, focusing instead on immersive dining that engages taste, memory, and culture. The emphasis remains on authenticity, creativity, and regional identity, while presenting street food in a structured and elevated format.
The “Sarafa se Chappan” experience will be available every weekend from 7:00 PM to 11:00 PM at Sheraton Grand Palace Indore, offering guests a curated journey through one of India’s most celebrated food cities.
Charcoal Concepts, the multi-brand restaurant platform under K Hospitality Corp, has announced the appointment of Rohan Sable as its new Chief Executive Officer, marking a significant leadership move for one of India’s leading food services groups.
In his new role, Rohan Sable will oversee the strategic direction, growth, and operations of a diverse portfolio of more than 45 restaurants across India and international markets including London, Colombo, Kuwait, and Dubai. His responsibilities include driving brand vision, business expansion, and operational excellence across marquee brands such as Copper Chimney, Bombay Brasserie, Bombay Borough, and Wagamama India, while also leading new concept development and incubation within the group.
With over 25 years of experience in the hospitality and restaurant industry, Rohan brings a strong track record in operations, brand building, and business expansion. His career includes leadership roles such as Regional COO (South India) at PVR INOX Ltd and Area General Manager Delegate at Accor, along with extensive experience across both Indian and international hospitality formats.
His appointment comes at a time when Charcoal Concepts is entering an ambitious growth phase. The company aims to evolve into India’s premier multi-brand, multi-format, cuisine-driven restaurant powerhouse by 2033. The strategic roadmap includes scaling its footprint from its current presence of 35 outlets in India and 5 international outlets to over 272 outlets across India and global markets over the next eight years.
Under Rohan’s leadership, the company will focus on accelerating expansion, strengthening existing brands, and introducing new dining formats aligned with evolving consumer preferences. His approach is expected to balance operational discipline with innovation, ensuring scalability while maintaining strong brand identity and guest experience.
The leadership transition reinforces Charcoal Concepts’ commitment to innovation, growth, and delivering distinctive dining experiences across markets, further strengthening its position in India’s rapidly evolving food and beverage industry.
For more information, visit K Hospitality Corp
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