Indian Branded Residences: A Lucrative Opportunity for International Business Growth

Indian Branded Residences: A Lucrative Opportunity for International Business Growth

By Nishang Narayan

Published on September 4, 2024

The global branded residences market is expanding at a notable pace of 12% annually, with its footprint extending across the USA, Thailand, UAE, Portugal, Greece, the UK, Brazil, Vietnam, and beyond. This surge is driven by a resurgence in luxury travel, an increasing desire to own lifestyle assets, and the perception of real estate as a safe haven. Factors like relocation and children’s education are also contributing to this growth. From the Waldorf Astoria in New York to the Standard Residence in Phuket and the Mayfair Park residence in London, branded residences are gracing affluent neighborhoods worldwide. India, too, has the potential to become one of the epicenters of branded residences.

According to a recent white paper by SKYE Hospitality, India could become an attractive destination for branded residences. While India already boasts a sizable supply of 2,900 units—accounting for approximately 10% of the global market supply—there is ample room for this niche, yet rapidly growing, luxury segment to flourish.

India has witnessed a significant increase in the number of affluent households. These modern HNIs (High Net Worth Individuals) and UHNIs (Ultra High Net Worth Individuals) are seeking exclusive spaces, top-tier amenities, and curated services, driving the demand for branded residences. A few years ago, features like in-home dining services, concierge services, exclusive wine cellars and cigar lounges, and wellness spas within residential projects seemed unimaginable. Today, thanks to branded homes, these offerings are gradually becoming mainstream.

Prominent brands, both within and outside of hospitality, have already ventured into this segment. Notable names include Yoo, Trump, Versace, IHCL, Leela, Four Seasons, Atmosphere Core, Marriott, and Oberoi.

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"Despite significant growth in branded residences in recent years, what we have observed is just the tip of the iceberg. India has tremendous untapped potential to capitalize on. Average HNI Indians are spending generously on aspirational lifestyles, which will unravel a big market for branded residences. Interestingly, the trend will no longer be limited to big metros but will also percolate to tourist destinations and Tier-2 cities," said Mr. Ankit Kansal, MD of SKYE Hospitality.

In addition to strong demand driven by the rise in affluent households, India also offers a significant cost advantage. According to SKYE's study, average prices for branded residences in London, Miami, and New York are approximately ₹39.5 crores, ₹20.3 crores, and ₹60.2 crores, respectively. Average ticket sizes in other emerging cities such as Dubai (₹13.5 crores), Athens (₹17.9 crores), and Phuket (₹10.5 crores) are also high. In contrast, the average ticket size of branded homes in India is around ₹9 crores, with opportunities in the lower bracket as well (₹6-7 crores).

"Rich Indians are key growth drivers in international property markets such as Dubai, Singapore, London, and Athens. Now, with exclusive spaces and aspirational living available in their own backyard, many will likely turn their attention inwards rather than looking across borders," added Mr. Ankit Kansal.


Ibiza Holiday Rentals Plunge as Spain Tightens Crackdown on Overtourism

Ibiza Holiday Rentals Plunge as Spain Tightens Crackdown on Overtourism

By Manu Vardhan Kannan

Published on January 18, 2026

Ibiza has seen a sharp decline in short-term holiday rentals in 2025 as Spain’s efforts to curb overtourism and regulate holiday homes begin to show results. According to tourism lobby Exceltur, the number of short-term tourist lets on the island dropped by nearly 50 percent compared to the previous year.

The supply of holiday rentals in Ibiza is now around 80 percent lower than in 2017, highlighting the scale of the crackdown. Across Spain, short-term rental listings fell by 4 percent in the second half of 2025 compared to a year earlier, marking the first nationwide decline on record. However, trends varied across the country’s 25 largest cities.

Spanish authorities have been tightening regulations in response to growing concerns from local residents, who say rising rents and property prices are being fuelled by tourist demand. In Ibiza, the local government has stepped up inspections to identify and remove unauthorised holiday rentals from the market.

Other popular destinations are also taking strong measures. Barcelona has announced plans to ban all holiday homes by 2028 as part of its long-term strategy to manage tourism pressure. Mallorca has joined Ibiza in enforcing stricter controls, with both islands recording the steepest drops in short-term rental supply.

However, not all regions are seeing a slowdown. Coastal cities such as Malaga and Almeria have continued to expand their tourist accommodation offerings, according to Exceltur, indicating uneven impact across Spain.

Exceltur vice president Oscar Perelli said that new rules requiring property owners to register homes before listing them on platforms such as Airbnb have played a key role in reducing supply. These regulations aim to bring better oversight and balance to the housing market.

Despite the restrictions, holiday homes continue to attract a significant share of visitors. Nearly one-third of tourists in Spain still choose rental homes, which generally remain more affordable than hotels. Holiday rentals had outpaced hotel growth for several years as Spain’s tourism boom placed it alongside France as one of the world’s top travel destinations.

Meanwhile, Ibiza recorded Spain’s highest hotel revenue per room last year at 170 euros, reflecting a 6 percent increase from 2024. The figures suggest that while rental supply is shrinking, demand for accommodation on the island remains strong.


EVA Air Recognized as the 8th Safest Airline Worldwide for 2026

EVA Air Recognized as the 8th Safest Airline Worldwide for 2026

By Manu Vardhan Kannan

Published on January 18, 2026

EVA Air has been recognized as the 8th safest airline in the world for 2026 by AirlineRatings.com, earning a place on the platform’s “Top 25 Safest Full-Service Airlines for 2026.” This achievement marks the airline’s 13th consecutive year of being featured among the world’s safest carriers, reinforcing its long-standing commitment to flight safety.

Notably, EVA Air is the only airline from Taiwan to secure a position within the global top ten, highlighting its consistent performance and strong safety culture when compared with international peers. Since its establishment in 1989, the airline has maintained an excellent safety record, with no major accidents, while continuing to place safety at the core of its operations alongside service quality.

Commenting on the recognition, EVA President Clay Sun said, “Flight safety is the most important and non-negotiable core value of EVA Air. Being recognized by AirlineRatings.com for 13 consecutive years is the greatest encouragement and honor for all our employees who have consistently upheld a strong safety culture and rigorously implemented standard operating procedures. We will continue to enhance our safety management systems and strengthen risk prevention mechanisms to provide passengers with the safest and most reliable flying experience.”

AirlineRatings.com is a globally respected aviation rating organization, with evaluations based on multiple parameters such as safety records, fleet age, international audits, pilot training, maintenance standards, and overall operational management. These criteria ensure a high level of credibility and transparency in its rankings.

The latest recognition not only affirms EVA Air’s continued efforts in maintaining high safety standards but also serves as motivation for its teams to further strengthen systems and practices. Alongside safety, the airline continues to invest in service upgrades to enhance passenger comfort and overall travel experience, reflecting its broader commitment to reliability and quality in global aviation.


MGallery Collection Steps Into 2026 With New and Inspiring Global Destinations

MGallery Collection Steps Into 2026 With New and Inspiring Global Destinations

By Manu Vardhan Kannan

Published on January 18, 2026

MGallery Collection is set to enter a new chapter with a series of upcoming openings across some of the world’s most evocative destinations. From coastal retreats to island hideaways, the brand continues to strengthen its portfolio with properties that celebrate a strong sense of place, local character, and refined hospitality.

The upcoming additions span diverse locations, including the relaxed shores of Noosa in Australia, the serene beauty of the Maldives, the natural landscapes of Oléron Island in France, and the vibrant yet tranquil settings of Phuket in Thailand. Each property has been designed to offer guests immersive experiences shaped by culture, nature, and thoughtful storytelling.

Sharing her perspective on the brand’s expansion, Maud Bailly, CEO Sofitel Legend, Sofitel, MGallery & Emblems, said, “Each upcoming opening enriches our brand's portfolio of signature hotels, where every stay becomes a memorable and meaningful experience. Designed to celebrate local and unique character, our hotels invite travellers to discover new places, new atmospheres and new stories to experience. We are extremely proud of our pipeline of five upcoming openings and look forward to welcoming guests to these new destinations around the world.”

In the Maldives, the former Mirihi Island Resort is being reintroduced as V Villas Maldives at Mirihi, MGallery Collection following a comprehensive renovation and expansion led by Studio Gronda. The boutique resort will feature 42 villas, including beach and overwater options, as well as multi-bedroom suites with private pools. Inspired by Maldivian heritage and the delicate Mirihi flower, the resort reflects a philosophy of quiet luxury, offering a peaceful retreat shaped by the rhythms of the ocean and surrounded by vibrant reefs and a protected lagoon.

Australia will welcome Elysium Noosa Resort, MGallery Collection, located on Hastings Street close to Noosa National Park and Laguna Bay. The resort will offer 175 rooms, including suites and villas, designed to reflect Mediterranean elegance blended with a relaxed beachside lifestyle. Its dining concepts highlight regional produce and coastal flavours, while the design allows indoor and outdoor spaces to flow seamlessly, connecting guests with the surrounding ocean, forest, and river landscapes.

On the west coast of France, Le Bel Hôtel Oléron – MGallery Collection will be set within a protected natural site between forest and beach. The property will offer 102 rooms and suites overlooking pine forests or the ocean, with interiors inspired by seaside architecture. A strong culinary focus will be led by Michelin-starred chef Pierre Gagnaire, complemented by wellness offerings including a marine spa and thalassotherapy experiences that draw from the island’s calm natural environment.

In Thailand, Kamaliss MontAzure Phuket, MGallery Collection will be located between lush hills and the Andaman Sea within the MontAzure community. The 150-room resort blends contemporary design with nature-led elements, offering access to Phuket’s lively experiences while maintaining a sense of calm and privacy.

Also in Phuket, Navera Phuket, MGallery Collection will be perched above Surin Beach, featuring 19 individually styled villas. Drawing inspiration from maritime themes and Sino-Portuguese heritage, the property is designed to provide intimate, personalised stays with sweeping views of the Andaman Sea.

Together, these upcoming openings reflect MGallery Collection’s continued focus on curated destinations, design-led storytelling, and meaningful guest journeys across the globe.

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