Lemon Tree Hotels Unveils New Property at Urban Square Mall, Udaipur

Lemon Tree Hotels Unveils New Property at Urban Square Mall, Udaipur

By Nishang Narayan

Published on June 18, 2024

Bhumika Group's Urban Square Mall, Udaipur's most prominent retail and entertainment destination, announces the grand opening of Lemon Tree Hotel, branded as Keys Lite by Lemon Tree.

Located within the prestigious Urban Square Mall, Keys Lite by Lemon Tree - Urban Square offers 68 fully-serviced apartments designed to provide a harmonious blend of comfort and sophistication. Situated on the 7th and 8th floors, these spacious 350 sq. ft. apartments offer breathtaking views of Udaipur's scenic landscapes combined with the convenience of a world-class shopping destination at your doorstep.

Bhumika Group's partnership with Lemon Tree signifies a significant milestone and strengthens its commitment to delivering exceptional experiences in Rajasthan.

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"This is indeed a big day for Udaipur and Urban Square Mall. Known as the City of Lakes, Udaipur is not only India's major tourist destination but also a prominent business hub. The opening of Keys Lite by Lemon Tree at Urban Square will deliver exceptional hospitality experiences and reinforce our position as a leading real estate developer in the state," says Uddhav Poddar, Managing Director of Bhumika Group.

The franchise agreement for the rebranded property is valid for 15 years. Urban Square Mall is strategically located in the upscale Gaurav Path area of Sukher and spans 10 lakh square feet. It is a dynamic retail destination offering diverse shopping, dining, and entertainment options.

About Bhumika Group:

Bhumika Group is a leading real estate developer in Rajasthan, known for its commitment to quality and innovation in every project. With a diverse portfolio spanning residential, commercial, and hospitality developments, Bhumika Group is dedicated to creating exceptional spaces that enrich lives and communities.


Marriott to Bring Westin to Ludhiana with Vardhman Amrante

Marriott to Bring Westin to Ludhiana with Vardhman Amrante

By Nishang Narayan

Published on July 7, 2025

Marriott International has signed an agreement with Vardhman Amrante, an Oswal Group venture, to bring its premium wellness-focused Westin brand to Ludhiana. The Westin Ludhiana is slated to open in the last quarter of 2030, marking the brand’s debut in Punjab’s industrial and cultural hub.

Planned as part of a vibrant mixed-use development, the new hotel will feature 200 keys alongside retail outlets, a multiplex, and a gaming zone, adding fresh energy to Ludhiana’s growing urban landscape.

Highlighting Marriott’s strategic expansion into high-growth markets, Ranju Alex, regional vice president – South Asia, Marriott International, shared, “Through this collaboration, we aim to redefine guest service while unlocking Ludhiana’s potential. The Westin Ludhiana will empower guests to be the best version of themselves, maintaining their well-being even as they travel.”

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Echoing the excitement, Adish Oswal, chairman of Oswal Group, said, “We’re thrilled to partner with Marriott International to bring the acclaimed Westin brand to Ludhiana. This development is set to become a landmark, offering a wellness-driven luxury experience that matches the city’s growing stature as a regional powerhouse.”

The Westin Ludhiana promises a robust mix of experiences — from multiple dining venues and a chic Lobby Bar to the WestinWORKOUT Fitness Studio, Heavenly Spa by Westin, and an outdoor pool. Business and leisure travellers alike will benefit from the expansive banqueting spaces, lush outdoor lawns, and an exclusive Executive Club Lounge.

With its focus on holistic wellness, the upcoming hotel underscores Marriott’s continued commitment to cater to evolving traveller needs and further strengthen its footprint across India.


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.

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