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By Nithyakala Neelakandan
Published on April 28, 2024
In a landmark move, ITC Hotels, a major player in the Indian hospitality sector, has made its debut in the international market with the inauguration of ITC Ratnadipa in Colombo, Sri Lanka. This luxurious property, situated on prime sea-facing land, boasts 352 guest rooms, suites, and service apartments, marking a significant milestone for the conglomerate.
The inauguration ceremony, graced by Sri Lankan President Ranil Wickremesinghe, underscored the symbolic significance of this venture. With futuristic twin towers connected by a sky bridge, the ultra-modern architecture of ITC Ratnadipa reflects the nation's transition from its colonial past to a modern era of development. The presence of this iconic property alongside other international, Indian, and Sri Lankan hospitality brands on Galle Face redefines Colombo's skyline, reminiscent of bustling nightlife scenes akin to those in Macau.
Built at a cost exceeding $500 million, ITC Ratnadipa is strategically positioned under WelcomHotels Lanka, a subsidiary of ITC, marking one of the company's most significant investments. Sanjiv Puri, Chairman and MD of ITC, emphasized Colombo's appeal as the first international location for the conglomerate, citing the region's burgeoning tourism industry. The property is set to cater largely to the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment, offering state-of-the-art conferencing and banqueting facilities.
The hotel's architectural marvel, featuring a triangular design offering breathtaking ocean views, underscores ITC's commitment to luxury and innovation. The property comprises two towers, with the smaller tower housing the hotel and the larger tower accommodating the 132 Sapphire Residences. This trend of residences within hotels, a post-pandemic phenomenon, reflects evolving consumer preferences.
Connecting the two towers is the Ahasa One sky bridge, an engineering feat standing 100 meters above ground, making it the first of its kind in South Asia. Notably, the project received strategic investment status from the Sri Lankan government, along with tax breaks and exemptions from foreign exchange regulations.
ITC's foray into the international market aligns with its broader expansion strategy, aiming to reach 200 properties within the next five years. With 22 properties opened in the past two years and 25 more in the pipeline, the company emphasizes growth through management contracts. The recent approval of the demerger of its hotels vertical signifies a significant milestone, with a listing expected within 15 months.
In addition to ITC Ratnadipa, several other hospitality projects have recently emerged in Sri Lanka, indicating the region's growing prominence in the global tourism landscape. With renowned brands such as Hilton, Sheraton, and Marriott making significant investments, Sri Lanka is poised to become a coveted destination for luxury hospitality experiences.
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By Hariharan U
Published on January 17, 2026
Hyatt Place Butwal has officially announced its opening, marking a significant milestone in the hospitality landscape of western Nepal. The property becomes Butwal’s first internationally branded five-star hotel, introducing global hospitality standards to a market witnessing rapid economic and tourism-led growth.
The opening reflects Butwal’s rising importance as a regional hub, supported by expanding industrial activity, improving infrastructure, and growing international connectivity. With the operationalisation of Gautam Buddha International Airport in nearby Bhairahawa, demand for international-standard accommodation has increased across business, leisure, and trade segments.
Hyatt Place Butwal has already made an impact on the city’s evolving social and lifestyle scene with the successful hosting of its grand opening celebration, “New Year’s Eve Under the Stars.” The event brought together prominent business leaders, influencers, and local patrons, highlighting the hotel’s ability to curate large-scale, world-class experiences and position itself as a premium lifestyle destination in the region.
Commenting on the opening, Tushar Nagar, General Manager, Hyatt Place Butwal, said, “The overwhelming response to our New Year’s Eve celebration reflects that Butwal is ready for a premium hospitality and lifestyle experience. With improving air connectivity and a rapidly expanding industrial base, the need for international-standard accommodation has grown significantly. Hyatt Place Butwal aims to bridge this gap while supporting the region’s evolving business and tourism ecosystem.”
Strategically located at the intersection of the Mahendra Highway (Asian Highway) and the Siddhartha Highway, Butwal is transforming from a transit town into a commercial and industrial powerhouse. Its strategic highway access, growing industrial zones, and international air connectivity position the city as a key connector for trade, tourism, and transit in western Nepal.
Published on January 16, 2026
Espire Hospitality Limited, one of India’s fastest-growing hospitality companies, has announced the launch of Country Inn, Varanasi, marking another milestone in the expansion of its Country Inn Hotels & Resorts portfolio. The new opening strengthens the group’s presence in high-potential destinations and reinforces its focus on culturally significant cities.
Situated in the heart of Varanasi, one of the world’s oldest living cities, the hotel is set against the city’s spiritual energy and timeless charm. Designed to offer a balance between contemporary living and warm hospitality, Country Inn, Varanasi provides a calm and comfortable retreat for both leisure and business travellers. Its proximity to the city’s renowned ghats and sacred temples makes it an ideal base for guests seeking convenience alongside comfort.
The property features thoughtfully designed guestrooms with fresh interiors, soothing colour palettes, high-speed Wi-Fi and premium amenities. Guests can also enjoy curated dining experiences at SUTRA By Banaras, the hotel’s multi-cuisine restaurant serving Indian and international flavours in a welcoming indoor and outdoor setting.
Commenting on the launch, Akhil Arora, CEO & Managing Director, Espire Hospitality Limited, said, “Varanasi is a city of unparalleled spiritual depth, shaped by its cultural richness, history and tradition. We are proud to bring Country Inn to this sacred destination, creating a space that reflects the city’s timeless spirit while offering contemporary comfort and our signature warm hospitality.” He added that the hotel aims to offer travellers a modern space to pause, unwind and immerse themselves in the essence of the city.
The opening of Country Inn, Varanasi further adds momentum to Espire Hospitality Limited’s growth journey. The company has recently signed properties in destinations including Rishikesh, Udaipur, Jalandhar, North Goa and Dehradun, and continues to move steadily towards its vision of operating 30 hotels by FY26.
With a diversified brand portfolio ranging from boutique luxury offerings under ZANA Luxury Resorts to the well-recognised Country Inn Hotels & Resorts, Espire Hospitality Limited continues to strengthen its position as a dynamic and fast-evolving player in India’s hospitality landscape.
Published on January 13, 2026
Sayaji Hotels Limited has announced the launch of Enrise by Sayaji, Bareilly, strengthening its footprint in Uttar Pradesh and bringing contemporary hospitality to one of the region’s culturally rich cities. Located at Station Road, Civil Lines, the hotel offers convenient access for travellers, situated just 13 km from Bareilly Airport and 500 metres from Bareilly Railway Station.
The property features 36 well-appointed rooms across four categories, designed to meet the needs of business, transit, and leisure guests. The room mix includes Deluxe Rooms, Superior Rooms, Superior Balcony Rooms, and Suites, each reflecting modern design sensibilities while staying true to Sayaji’s signature “Yours Truly” service philosophy.
Enrise by Sayaji, Bareilly also brings together a diverse food and beverage offering under one roof. Guests can choose from Horizon, a rooftop multicuisine fine-dining restaurant; Momentt, a relaxed coffee shop; 99 Degree, a classic bar suited for evening conversations; and Infinity Club & Bar, positioned as a lively social and celebration space. Together, these outlets aim to make the hotel a dining and social hub for both residents and visitors.
The hotel is equipped with two banqueting venues designed to host weddings, corporate meetings, and social events. Jewel Hall and Crystal Hall offer flexible layouts and capacities, supported by tailored food and beverage services and professional event management, enabling seamless execution for gatherings of varying scales.
Commenting on the launch, Rajendra Joshi, Associate General Manager, Sayaji Hotels, said the Enrise by Sayaji brand has been developed for modern travellers seeking comfort, functionality, and value, adding that Bareilly is a strong addition to the company’s growing portfolio across emerging Indian cities.
Ankur Vig, Managing Director, Unique Complex Private Limited, noted that Bareilly’s rising commercial and travel significance makes the timing of the hotel’s launch particularly relevant, with the partnership aiming to deliver national hospitality standards while staying connected to local sensibilities.
With Bareilly’s increasing demand for organised hospitality infrastructure, Enrise by Sayaji is positioned as a preferred choice for business stays, leisure travel, dining, and social celebrations, reinforcing Sayaji Hotels’ broader strategy of expanding into high-potential markets across India.
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