ITC's Welcomhotel Brand Expands in Himachal Pradesh with New Manali Resort

ITC's Welcomhotel Brand Expands in Himachal Pradesh with New Manali Resort

By Nishang Narayan

Published on April 24, 2024

ITC Hotels continues to expand its Welcomhotel brand with the launch of Welcomhotel Hamsa in Manali, Himachal Pradesh. Situated amidst the stunning Himalayas, this new resort promises a perfect blend of luxury and nature, designed to offer guests a tranquil retreat from the hustle and bustle of daily life.

Welcomhotel Hamsa features 46 elegantly appointed rooms and suites, including seven all-weather villas, designed for year-round comfort. The resort's architecture and interiors reflect the natural beauty of its mountainous surroundings, with spacious accommodations offering panoramic views of the snow-capped peaks.

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Located on a four-acre apple orchard north of Manali town, Welcomhotel Hamsa provides a 360-degree view of the Himalayas. The resort is an all-season destination, perfect for guests looking to enjoy the lush greenery of the orchards in summer or the snowy landscape in winter, ideal for skiing and other winter sports.

Anil Chadha, Divisional Chief Executive of ITC Hotels, highlighted the strategic expansion of the Welcomhotel brand in Himachal Pradesh. "Welcomhotel Hamsa is a testament to our commitment to offering diverse and enriching destination experiences. This resort not only enhances our presence in the region but also aligns with our mission to deliver exceptional value and luxury to our guests," said Chadha.

The resort offers multiple dining options, including The Lighthouse restaurant, which serves a variety of local and international cuisines made from locally sourced ingredients. For relaxation, guests can visit the K by Kaya Kalp spa for a range of therapeutic treatments, or enjoy outdoor activities such as picnics and family-friendly games on the resort's landscaped lawns.

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Sailesh Dhir, Owner of Welcomhotel Manali, emphasized the resort's convenient location near key tourist attractions and its accessibility via the Atal Tunnel, which opens up easy travel to the Lahoul and Spiti regions known for their stunning landscapes and outdoor activities.

With its unique offerings and strategic location, Welcomhotel Hamsa is set to become a favorite destination for both leisure and adventure travelers visiting Himachal Pradesh.


Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

By Nishang Narayan

Published on July 5, 2025

Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.

The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.

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As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.

Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.

Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.


Novotel Visakhapatnam Varun Beach Earns Green Key Certification

Novotel Visakhapatnam Varun Beach Earns Green Key Certification

By Nishang Narayan

Published on July 5, 2025

Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.

Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.

Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”

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The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.

As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.


IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

By Nishang Narayan

Published on July 5, 2025

Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.

Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.

Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”

The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”

Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.

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