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By Manu Vardhan Kannan
Published on January 8, 2025
The Indian hospitality industry is poised for robust growth, with Revenue Per Available Room (RevPAR) expected to hit decadal highs by FY2025, according to the latest ICRA report. The sector is projected to see a 7-9% YoY revenue growth in FY2025, followed by 6-8% YoY growth in FY2026, building on the strong base of FY2024.
ICRA forecasts that pan-India premium hotel occupancy will improve from 70-72% in FY2025 to 72-74% in FY2026. Meanwhile, the Average Room Rates (ARRs) for premium hotels are estimated to rise to ₹7,800-8,000 in FY2025 (an 8% YoY increase) and further to ₹8,000-8,400 in FY2026. Operating margins for leading hotel chains, sampled by ICRA, are expected to stay strong at 31-33% in FY2025 and FY2026.
Demand is being driven by sustained domestic leisure travel, MICE events, business travel, and weddings. Tier-II cities and spiritual tourism are also contributing to growth. However, foreign tourist arrivals (FTA) remain below pre-Covid levels, with recovery hinging on global macroeconomic conditions.
Market Dynamics and Drivers Vinutaa S, Vice President and Sector Head – Corporate Ratings at ICRA, stated, “Domestic tourism will remain the prime driver, while gateway cities like Mumbai and NCR are likely to exceed 75% occupancy in FY2025 and FY2026. This surge in premium hotel ARRs will lead to a spillover of demand to mid-scale hotels.”
Healthy demand is supported by improved infrastructure, air connectivity, and a rise in large-scale MICE events, bolstered by new convention centers. Renovations and upgrades at several properties are expected to support ARRs further, while larger players benefit from asset-light expansions, management contracts, and operating leases.
Supply and Cost Trends Supply growth is anticipated at a CAGR of 4.5-5% until FY2026, lagging behind demand, ensuring a revenue upcycle. Unlike the FY2009 downturn, which saw oversupply, the current scenario reflects cautious expansion. Land constraints in premium micro-markets have led to supply additions primarily through rebranding or upgradation, with greenfield projects concentrated in suburban areas.
On the cost side, the industry has maintained several cost-rationalization measures introduced during Covid, including a 15-20% reduction in staff-to-room ratios. Increased use of renewable power, stringent cost controls, and asset-light expansions have supported margins. However, rising employee costs and renovations could lead to variations in performance among companies.
Outlook The Indian hospitality industry's medium-term prospects remain optimistic, with sustained domestic demand, improving ARRs, and healthy operating margins. The sector's revival is underpinned by strategic supply management, infrastructure advancements, and evolving consumer preferences.
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By Hariharan U
Published on March 16, 2026
Twenty years is a long time in hospitality, and Holiday Inn Suites Kuwait Salmiya has spent every one of them building the kind of reputation that keeps guests coming back. The property recently celebrated its 20th anniversary, and General Manager Saif Edeen Mohamad sat down to talk about what has made the hotel a consistent favourite for extended stay guests, regional visitors, and leisure travellers across two decades.
The hotel sits along Arabian Gulf Road in Salmiya, one of Kuwait's most vibrant commercial and lifestyle districts. Most floors offer panoramic views overlooking the Arabian Gulf, which sets a tone of calm and openness from the moment guests check in. It's a location that works equally well for business travellers who need convenience and leisure guests who want a relaxing base with easy access to the city's best retail, dining, and entertainment destinations.
With 92 studios and apartments across functional studios and spacious two-bedroom suites, the property has always been built with the extended stay guest in mind. Every unit includes a well-appointed workspace and modern amenities designed to recreate the comfort of home, which Mohamad identifies as central to the hotel's identity.
"Our aim remains to create a welcoming environment where guests feel comfortable immediately upon arrival and throughout their stay. We consistently focus on delivering a warm, homely atmosphere reflecting our enduring commitment to genuine hospitality and attentive service."
The dining offering at Holiday Inn Suites Kuwait Salmiya is notably strong for a property of its size. Seven restaurants cover an impressive spread of cuisines including Lebanese, Japanese, Indian, Chinese, and American, making the hotel a genuine dining destination for both residents and outside visitors. It's the kind of variety that keeps extended stay guests from ever feeling like they're eating the same meal twice.
The property also has a fully equipped Edge Fitness Centre for guests looking to maintain their wellness routines during longer stays, a practical touch that matters more than it might seem for those spending weeks rather than days at a property.
From a location standpoint, the hotel scores strongly on convenience. Kuwait International Airport is approximately 20 minutes away. The Avenues Mall and 360 Mall are both nearby, and Kuwait City's business district is easily accessible. Sea views, seaside calm, and city convenience all from the same address is a combination that's hard to beat.
Two decades in, Holiday Inn Suites Kuwait Salmiya clearly knows what it does well and keeps doing it.
Goa has always been one of India's most visited destinations, and Hilton is clearly not done investing in it. The brand has opened Hilton Garden Inn Goa Calangute, marking the Hilton Garden Inn brand's debut in the state and bringing its upscale, reliable hospitality to the heart of North Goa.
Developed in association with Kokra Resort and Spa Private Limited, the hotel sits in the bustling vicinity of Calangute, one of Goa's most popular and energetic tourist hubs known for its beach shacks, water sports, and lively nightlife. The location is also approximately 40 kilometres from both Manohar International Airport and Dabolim International Airport, making arrivals and departures straightforward for both domestic and international travellers.
With this opening, Hilton now operates four properties in Goa alongside Hilton Goa Resort, DoubleTree by Hilton Goa Panaji, and DoubleTree by Hilton Goa Arpora Baga. The brand has also recently signed its first luxury property in the state, Waldorf Astoria Goa, further signalling how seriously it is treating Goa as a long-term market.
Zubin Saxena, Senior Vice President and Regional Head, South Asia at Hilton, explained the thinking behind the launch. "Goa continues to stand out as one of India's most sought-after leisure markets. The debut of Hilton Garden Inn allows us to introduce an approachable upscale offering for guests who want the reliability of an international, high-quality brand without compromising on service. This opening reflects how our portfolio in India is growing strategically in response to the dynamic needs of business and leisure travelers."
The hotel has 116 well-appointed guest rooms including accessible rooms and suites, each with comfortable bedding, functional workspaces, complimentary Wi-Fi, and smart TVs. For dining, the lobby-level and ToGo counter offers freshly prepared light bites and indulgent treats around the clock, while Together and Co., the rooftop all-day dining restaurant and bar, delivers an elevated experience with alfresco seating, an infinity pool, and panoramic ocean views. A 24-hour fitness centre and Aurea, a 768 sq ft meeting room, round out the facilities for both leisure and business guests.
Parveen Kokra, Chairman of Kokra Resort and Spa Private Limited, added context on why Calangute was the right location. "Calangute sits at the centre of Goa's tourism and leisure landscape, attracting a diverse mix of travelers year-round. We saw a clear opportunity for a globally recognized, elevated hospitality brand in this location. With Hilton's global expertise and our local insight, Hilton Garden Inn Goa Calangute is set to deliver an internationally benchmarked hospitality experience that complements the evolving needs of the destination."
Hilton Honors members booking a minimum three-night stay can earn 5,000 Honors points on reservations made until 19th May 2026. Guests booking directly through Hilton's preferred channels also enjoy member-exclusive discounts and complimentary standard Wi-Fi.
Published on March 13, 2026
There are cities where history is a backdrop. And then there's Hue, where history is the whole point. It's a city that carries the weight of Vietnam's imperial past in its temples, its river, and its streets, and it demands a certain kind of hospitality in return. Fusion's newest property, Grand Royal Riverside Hue, seems to understand that perfectly.
The hotel opened on March 14th on the southern bank of the Huong River, right next to the iconic Truong Tien Bridge, in the heart of the UNESCO-recognized heritage landscape that defines Hue's identity. It's a location that doesn't just come with a great view. It comes with a story.
The property has 161 guestrooms spread across two towers, and the entire design concept is built around an idea called "A Tale of Two Times," blending the elegance of Hue's imperial past with the comfort and vibrancy of the present. The Huong River isn't just a backdrop here. It's the narrative thread that runs through the hotel's design, guest experience, and overall character.
Architecturally, the hotel draws from Indochine elegance, a style born out of the cultural exchange that shaped Hue's unique identity. Natural wood, locally inspired materials, and jade-toned interiors create a setting that feels calm and considered. It's a space that pays genuine homage to the city it sits in, without feeling like a museum.
Ms. Ha Tran, General Manager of the hotel, captured the intent well. "With Grand Royal Riverside Hue, we are proud to introduce a riverside retreat that honors the city's cultural legacy while embracing Fusion's wellness-led hospitality. From design inspired by the Huong River to Sả Spa and Wellness and thoughtfully curated dining experiences, our goal is to offer guests a refined stay that feels unmistakably Hue, calm, restorative and deeply connected to place."
Christopher Hur, CEO of Fusion Hotel Group, was equally direct about why Hue was a deliberate choice. "Hue is one of those rare cities where history isn't backdrop, it's the whole point. Opening here is a deliberate move: it rounds out our Vietnam portfolio in a destination that demands authenticity. We're not just adding keys; we're planting a flag at a moment when travelers are increasingly seeking meaning alongside comfort."
The hotel's food and wellness offerings are strong. Jade and Ginger Restaurant serves a daily breakfast buffet and all-day dining with authentic Vietnamese flavours including bun bo Hue, pho, and banh mi, alongside Hue specialties and selected European dishes. The Amber Lounge shifts from a tranquil daytime cafe serving artisanal teas and coffee to an elegant evening bar presenting curated wines, signature cocktails, and premium spirits.
On the wellness side, Fusion stays true to its core brand identity with Sả Spa (lemongrass) and Wellness, featuring four treatment rooms staffed by experienced therapists using locally sourced herbs and natural essential oils. A fitness centre, steam room, and skincare services round out a genuinely holistic wellness experience.
For events and corporate guests, the hotel has meeting and MICE facilities with a capacity of up to 370 guests, supported by flexible co-working spaces, lounges, and reception areas.
Room rates start from USD 130 per night, inclusive of breakfast for two. The hotel is currently offering 25% off stays until 31st May 2026 for direct bookings at fusion-collection.com/grandroyalriversidehue.
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