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By Author
Published on December 21, 2023
ITC Hotels, a major player in India’s hospitality sector, has unveiled an ambitious plan to significantly expand its room inventory over the next five years. As per the recent report by Business Standard, the conglomerate aims to boost its hotel room count by 50%, targeting a total of 200 hotels with 18,000 keys by 2028.
Currently, ITC Hotels boasts a portfolio of 12,000 rooms across 131 hotels in 80 destinations. This growth trajectory is part of the company's strategic focus, announced during its institutional investors and financial analysts event on December 12.
A noteworthy aspect of this expansion is the emphasis on managed hotels. Two-thirds of the new inventory is expected to fall under the managed portfolio, a significant increase from the current 50%. ITC has a pipeline of 35 managed hotels with over 3,200 keys in the works.
This expansion also includes a shift in the premium segment of the company’s offerings. Over the next five years, premium hotel keys are projected to comprise 45% of the total managed portfolio, up from the current 30%.
Additionally, ITC is exploring greenfield and brownfield projects to add around 300 rooms. In the past 24 months, the company has opened 22 hotels, capitalizing on the post-pandemic boom in the hospitality sector. With foreign tourist numbers still 85% below pre-pandemic levels, ITC anticipates a significant surge in demand.
The company's hotel segment reported record-high performance in the second quarter of this financial year, with revenues and pre-tax profits witnessing a substantial increase.
Under its Next strategy, ITC is focusing on scaling up and increasing profitability across its business verticals, with plans for innovation, exports, and acquisitions. The hotel brand profile of ITC includes luxury, upper upscale, boutique, mid and upscale, and heritage categories.
Furthermore, a demerger of the ITC Hotels Co. is on the horizon, with the board of directors approving a scheme of arrangement for the demerger of the hotel business. The new entity is expected to be listed within 15 months and will continue to use the ITC brand name.
In addition to hotel expansion, the company is also scaling up its food and beverage business, with new restaurant openings reported by ndtvprofit.com.
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By Nishang Narayan
Published on July 3, 2025
Rubystone Hospitality has announced the opening of its latest property in Vrindavan, marking the group’s 12th hotel and furthering its presence in India’s spiritual and cultural tourism circuit. Located conveniently close to the famed Prem Mandir, Banke Bihari Temple, ISKCON Temple, Nidhivan, and the tranquil Yamuna Ghats, the hotel is perfectly positioned for devotees and tourists alike.
The new property features comfortable, well-furnished, and affordable rooms, a multi-cuisine restaurant serving a wide variety of dishes, and a charming terrace café offering stunning views of Vrindavan. Designed with a focus on nature and calm surroundings, the hotel provides a serene retreat, whether for spiritual seekers or travellers simply looking to unwind.
Speaking on the launch, Mr. Sandeep Singh, founder of Rubystone Hospitality, shared, “Vrindavan occupies a unique position in the hearts of millions. With this hotel, we aim to offer tourists a stay that is warm, clean, and full of peace. We have tried to bring together modern hospitality with the sanctity of this lovely city.”
He further noted that the hotel is thoughtfully designed to cater to today’s travellers — individual pilgrims, families on vacation, and couples seeking a peaceful getaway. “The goal is to provide simple comforts with caring service, so guests can be free to pursue their mission — to pray, rest, or explore,” he added.
This new opening is part of Rubystone’s broader strategy to expand into spiritual and cultural destinations across India. With several development projects already underway, the group plans to announce additional openings in other holy cities over the coming months.
The hotel is now open to guests, with bookings available across all major travel platforms.
Published on July 2, 2025
The Indian Hotels Company (IHCL) has announced the signing of a new Ginger hotel in Kanpur, Uttar Pradesh, reinforcing its strategy to expand in India’s growing commercial centres. This greenfield project will be developed in collaboration with JK Urbanscapes Developers Limited, marking a continued partnership between the two groups.
Strategically located on Kalpi Road, near the Kamala Cricket Club, the 100-key Ginger Kanpur promises excellent connectivity to key business and leisure districts, making it well-suited for both corporate travellers and tourists visiting the city.
"Kanpur is a prominent manufacturing and commercial hub in Uttar Pradesh, making it an ideal location for Ginger’s offering. This signing is part of our strategy to build Ginger’s presence in such emerging cities," said Deepika Rao, Executive Vice President, New Businesses and Hotel Openings, IHCL. "We are delighted to extend our partnership with JK Urbanscapes Developers Limited."
The hotel will feature Ginger’s signature Qmin, a vibrant bar, meeting facilities, and a fitness centre — offering a seamless blend of work and leisure for its guests.
Maneesh Mansingka, CEO of JK Urbanscapes Developers Limited, added, "We are happy to continue our partnership with IHCL. Our projects with the company will contribute to Kanpur’s hospitality landscape."
With this signing, IHCL now has 34 hotels across Uttar Pradesh, including 21 under various stages of development, underscoring its robust commitment to the state’s hospitality growth.
JK Urbanscapes Developers Limited is part of the historic JK Singhania family business, whose legacy spans over 140 years with interests in sectors like cement, paper, tyres, defence, chemicals, healthcare, education, retail, and IT. The group’s real estate arm, originally incorporated as JK Cotton Ltd. in 1924, continues to play a key role in shaping urban infrastructure.
The new Ginger hotel is set to contribute significantly to Kanpur’s evolving hospitality landscape, catering to the dynamic needs of the city’s growing commercial and leisure segments.
Radisson Hotel Group (RHG) has expanded its presence in Gujarat with the opening of D Square Statue of Unity Kevadia, a member of Radisson Individuals, strategically situated in Ekta Nagar. Nestled in the picturesque Narmada district, this hotel blends local charm with contemporary hospitality, serving as a gateway to one of India’s most iconic tourist destinations.
Located close to the Statue of Unity, the world’s tallest statue, the hotel also offers convenient access to attractions like Ekta Mall, Jungle Safari, Children Nutrition Park, and the Narmada riverfront. Its proximity to Ekta Nagar Railway Station enhances accessibility for both domestic and international travellers. Select rooms even feature panoramic views of the Statue of Unity, the lush valley, and the upcoming Tribal Museum, making it an exceptional base to explore the region.
"With the opening of D Square Statue of Unity Kevadia, we further strengthen our footprint in Gujarat, one of India’s fastest-growing tourism corridors," said Nikhil Sharma, Managing Director and COO, South Asia, Radisson Hotel Group. "We remain aligned with the government’s vision of transforming Ekta Nagar into a model tourism and smart city destination. Our hotel stands as a testament to high-quality hospitality that complements the area’s cultural and sustainable growth."
The hotel houses 91 tastefully designed rooms, blending warm aesthetics with modern amenities to create a comfortable retreat. Guests can indulge in flavourful vegetarian fare at Sankalp All Day Dining Restaurant, known for its signature service and refined dishes. For celebrations and business gatherings, the hotel offers versatile event spaces — the Silver Pavilion, perfect for weddings and conferences, and Sapphire, suited for intimate meetings or private events.
Shivalik Goenka, Co-owner of D Square Statue of Unity Kevadia, noted, "The hotel is a tribute to Gujarat’s spirit — rooted in culture, driven by progress. We aim to deliver experiences that are both meaningful and memorable."
Adding to this, Fakruddin Khan, General Manager, shared, "Our focus is on offering a warm, welcoming experience that beautifully marries comfort, service, and the natural splendour of Ekta Nagar. We’re excited to host guests from across India and beyond."
With this opening, Radisson Hotel Group continues to invest in India’s emerging leisure destinations, reinforcing its commitment to offer high-quality stays that celebrate local heritage and drive sustainable tourism.
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