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By Manu Vardhan Kannan
Published on January 17, 2025
JLL's Capital Markets group has announced the successful arrangement of a $300 million refinancing for the Omni Nashville Hotel, an 800-key luxury property located in the heart of downtown Nashville. The refinancing was secured on behalf of TRT Holdings, Inc., the hotel’s parent company, through a fixed-rate, seven-year loan facilitated by a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt.
A Prime Destination
The Omni Nashville Hotel, a 21-story property seamlessly integrated with the Country Music Hall of Fame and Museum, is celebrated for its prime location at 250 Rep. John Lewis Way South. Opened in 2013, the hotel offers over 80,000 square feet of meeting space, including Nashville's largest hotel ballroom at 23,800 square feet. Its amenities include multiple dining options such as Bob's Steak & Chop House, a rooftop pool, the Mokara spa, and a state-of-the-art fitness center.
Strategic Importance
The property is positioned across from the Music City Center convention facility, which spans 2.1 million square feet. Nashville, one of the top-performing lodging markets in the U.S., draws over 14 million annual visitors, bolstered by both booming tourism and a growing corporate sector.
Expert Insights
Commenting on the financing deal, Kevin Davis, Hotels & Hospitality Group Americas CEO at JLL, said, “The Omni Nashville exemplifies the strength of Nashville's hospitality market, consistently ranking at the top of its competitive set for RevPAR. With its irreplaceable location next to Music City Center and high-quality amenities, the property is well-positioned to continue its market-leading performance as Nashville experiences tremendous growth in both leisure and business travel demand.”
About the Stakeholders
TRT Holdings, Inc., the Dallas-based parent company of Omni Hotels & Resorts, has been a leader in hospitality and real estate since its founding in 1989. AllianceBernstein (AB), a global investment management firm, played an advisory role in securing the loan through Equitable Financial Life Insurance Company.
JLL’s Market Expertise
JLL, a Fortune 500 company and a global leader in commercial real estate and investment management, has a proven track record in delivering tailored capital solutions. With a team of over 3,000 specialists worldwide, JLL continues to shape the future of real estate.
This $300 million refinancing underscores the robust growth trajectory of Nashville’s hospitality sector and reaffirms the Omni Nashville Hotel’s position as a key player in the market.
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By Hariharan U
Published on November 16, 2025
CLEAR Premium Water has partnered with Radisson Blu Dwarka to roll out its exclusive range of 100% rPET bottles, bringing a fresh wave of sustainable thinking to the hospitality sector. The move reflects a shared vision to make eco-friendly choices more accessible while keeping guest experience at the centre.
CLEAR is reshaping what responsible hydration looks like today. With its rPET bottle range made entirely from recycled plastic, the brand is pushing for real change, reducing plastic waste, lowering carbon impact, and showing that premium products can also be planet-friendly. Every bottle in this range mirrors the brand’s belief that innovation should always have purpose.
Through this association with Radisson Blu, CLEAR aims to inspire more hospitality brands to adopt greener practices. The partnership marks a meaningful step in making sustainable options mainstream across hotels and guest spaces.
Speaking on this association, Nayan Shah, Founder & CEO of CLEAR Premium Water, said, "Our long-standing collaboration with Radisson Blu has always reflected our shared commitment to excellence. Taking this partnership a step further, the introduction of CLEARth rPET bottles marks a significant stride towards integrating sustainable practices into everyday hospitality experiences. We're proud to pioneer this change in India's packaged drinking water industry and to offer consumers a choice that truly matters. Every CLEARth rPET bottle is proof that innovation, when driven by purpose, can create real impact."
Adding his thoughts, Rakesh Sethi, General Manager Radisson Blu Hotel New Delhi Dwarka, said, "At our hotel, the wellbeing of our guests and health of our planet go hand-in- hand. I am delighted to announce our partnership with Clear Premium Water Company to provide 100% rPET bottled -water, an accessible, responsible choice that helps cut single use plastic. This move reinforces our commitment to sustainability, reduce single use plastic and ensures our guest continue to enjoy premium quality hydration"
With Radisson Blu, Dwarka stepping in as a key hospitality partner, CLEAR is moving closer to its vision of turning everyday actions into long-term positive impact. Each rPET bottle is a reminder that responsible innovation can be seamless, premium, and meaningful. As sustainability becomes essential in modern hospitality, CLEAR continues to set the tone for purposeful progress.
Published on November 15, 2025
SpiceJet has announced its financial results for the quarter ended September 30, 2025 (Q2 FY26), reporting a consolidated net loss of INR 447.7 crore (ex-forex), compared to INR 424.26 crore in Q2 FY25. The airline attributed the results to recalibrating dollar-based obligations, carrying costs of grounded aircraft, and expenses related to the restoration of aircraft to service during the quarter.
Despite the traditionally weak monsoon period, SpiceJet maintained a strong Passenger Load Factor (PLF) of 84.3%, showcasing steady passenger demand. Passenger Revenue per Available Seat Kilometre (RASK) improved to INR 4.04 from INR 3.91 in the previous year, while EBITDAR (ex-forex) stood at INR (203.8) crore against INR (58.87) crore in Q2 FY25.
The airline also advanced its ambitious fleet ramp-up programme, finalising damp lease agreements for 19 aircraft and restoring two grounded aircraft to service. Under the winter 2025 schedule, SpiceJet plans to more than double its operational fleet and triple its Available Seat Kilometres (ASKM). It also became the first Indian airline to launch non-stop flights to Najaf, Iraq, expanding its daily operations to 250 flights — more than twice the summer schedule.
Financially, the airline strengthened its balance sheet through several key milestones. It secured a liquidity boost of $89.5 million following a settlement with Carlyle Aviation Partners, unlocking $79.6 million in cash maintenance reserves and $9.9 million in credits. SpiceJet also completed the full repayment of $24 million to Credit Suisse, improving its financial flexibility. The airline’s credit ratings were upgraded consecutively by Acuité (BB Stable) and CRISIL (A4+), reflecting growing confidence in its turnaround strategy.
SpiceJet also achieved zero Level 1 findings in DGCA safety audits over the past year and signed an interline agreement with Gulf Air to enhance international connectivity.
Ajay Singh, Chairman and Managing Director, SpiceJet, said, “The September quarter was a period of consolidation and groundwork for our next phase of growth. While the results reflect short-term costs related to fleet revival and expansion, these are strategic investments that will yield results from the current quarter onward. With aircraft additions and an expanding network, SpiceJet is on a clear trajectory towards stronger operational and financial performance in the second half of the year.”
He added, “Our load factor of over 84% underscores strong demand. With the winter schedule now live and high-yield routes in play, Q3 marks the start of a new chapter of scale, strength, and profitability for SpiceJet. We are also pleased to welcome Sanjay Kumar as Executive Director, his leadership will drive our next phase of transformation.”
The Fern Hotels & Resorts has announced the signing of Rajpath Beacon Hotel Belagavi, located in the vibrant city of Belagavi, Karnataka. This new addition marks another milestone in the group’s ongoing expansion across South India, taking the total number of operational and upcoming properties in the region to 13.
Sharing his thoughts on the signing, Suhail Kannampilly, Managing Director, The Fern Hotels & Resorts, said, “India’s hospitality landscape is witnessing rapid growth beyond traditional metros, with cities like Belagavi emerging as key demand drivers due to increasing business activity, improved connectivity and evolving consumer preferences. Our presence in such markets aligns with our long-term vision of creating a strong network of well-positioned hotels that serve both business and leisure segments, delivering contemporary, value-driven hospitality that resonates with today’s discerning travellers.”
The upcoming Rajpath Beacon Hotel Belagavi will feature 35 well-appointed guestrooms that combine modern amenities with thoughtful design, catering to the needs of both business and leisure travellers. Guests will also enjoy a contemporary all-day dining restaurant serving a variety of cuisines in a relaxed and welcoming ambiance, ideal for both casual meals and social gatherings.
Conveniently located in Belagavi, the property will cater to a diverse mix of visitors drawn to the city’s growing business ecosystem, educational institutions, and cultural heritage.
Scheduled to open in January 2026, the Rajpath Beacon Hotel Belagavi will further reinforce The Fern Hotels & Resorts’ commitment to delivering exceptional hospitality experiences rooted in comfort, sustainability, and regional character.
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