Loading...
You have Successfully logged In !
Already have an account? Login
By clicking Register you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Don't have an account?Register
Enter your E-mail address below, We will send the verification code
Please enter the code send to
Didn't receive the email?Click to resend
Your password has been successfully reset!.
Please login again to access your account.
An OTP has been sent to
Enter the 4-digit code
By Author
Published on January 2, 2024
Hawaii-based real estate firm Trinity Investments is currently engaged in discussions to acquire the prestigious Park Hyatt Zurich, a distinguished five-star hotel in Switzerland. The deal, though still pending finalisation, marks a strategic move in the hotel industry, aligning with the broader trend of major companies divesting owned real estate while retaining operational control over their hotels.
Earlier in 2023, Hyatt Hotels enlisted the services of real estate company Jones Lang LaSalle to market the Park Hyatt Zurich property. If the acquisition materialises, the hotel could be valued at approximately SFr400 million ($467 million).
In March of this year, Hyatt announced its intent to continue managing the 138-room luxury hotel under a long-term agreement even after divestment. This approach reflects the industry's shift towards an asset-light strategy, allowing companies to optimise their portfolios while maintaining brand presence.
Hyatt CEO Mark Hoplamazian emphasised the success of their asset-light transformation and growth strategy, stating, “We continue to successfully execute our asset-light transformation and growth strategy while returning meaningful capital to shareholders.” Since the beginning of 2017, Hyatt had generated $3.8 billion in proceeds from selling owned hotel properties, showcasing the efficacy of their strategic approach.
Trinity Investments, headquartered in Honolulu, Hawaii, has signalled its interest in the European hotel real estate market with the recent opening of a London office. Led by CEO Sean Hehir, the company already owns various hotels, including the Hyatt Regency Indian Wells Resort & Spa and the Hilton Los Cabos Beach & Golf Resort.Both Trinity Investments and Hyatt have chosen not to comment on the ongoing discussions, maintaining confidentiality regarding the potential acquisition.
In a related development in December 2023, Hyatt Hotels celebrated the opening of Hotel Flüela Davos, the newest addition to The Unbound Collection by Hyatt brand, situated in the heart of Davos in the Swiss Alps. The hotel caters to independent travellers seeking a captivating and authentic experience, showcasing Hyatt's commitment to offering diverse and unique hospitality options.
Candy Bounce Brings India’s Biggest Candy Themed Inflatable ...
Coimbatore is all set to turn into a world of colour, energy...
Courtyard by Marriott Tirupati Appoints Samata Chand as Hote...
Courtyard by Marriott Tirupati has announced the appointment...
Palaniappa Electronics Enables Secure Hotel Operations with ...
As hotels increasingly integrate digital tools to improve ef...
Parag Milk Foods’ Akshali Shah Shares Expectations from Budg...
As Budget 2026 approaches, the dairy and FMCG sectors are cl...
By Hariharan U
Published on January 16, 2026
Sharing his expectations from the Union Budget 2026, Sanjay Manohar Vazirani, Chairman and Managing Director of Foodlink F&B Holdings (India) Limited, said the hospitality and foodservice sector today mirrors India’s evolving consumption story, shaped by rising disposable incomes, experiential spending, and renewed momentum in tourism and events.
Vazirani noted that sustained focus on infrastructure development, tourism promotion, and improved urban connectivity would create a strong multiplier effect for hospitality-led businesses. He said such measures would help India strengthen its positioning as a global destination for premium culinary and lifestyle experiences.
From an industry standpoint, he highlighted the importance of GST rationalisation, clearer compliance frameworks, and continued support for skill development. According to Vazirani, these steps would not only improve operating efficiencies but also reinforce employment generation across the hospitality and foodservice value chain.
He further added that measures aimed at easing access to credit, simplifying trade processes, and supporting Indian hospitality brands expanding globally would benefit the sector while contributing to a stronger, services-driven economy.
Vazirani emphasised that a growth-oriented Budget, one that balances fiscal discipline with consumption-led and tourism-driven growth, has the potential to significantly accelerate India’s hospitality and experiential economy in the years ahead.
By Manu Vardhan Kannan
Published on January 2, 2026
Aircastle Limited has announced that it will release its third quarter financial results for the period ended November 2025. The results will be made public before market hours, offering investors and industry stakeholders insights into the company’s recent performance.
Alongside the announcement, Aircastle’s management will host a conference call to discuss the financial results and provide updates on business operations. The call will be open to all interested participants, including analysts, investors, and members of the public.
Participants will be able to join the live conference call by dialing the designated toll-free or international access numbers. Callers are advised to join a few minutes early and reference the company name, “Aircastle,” when prompted by the operator.
A simultaneous webcast of the conference call will also be made available on a listen-only basis through the company’s official website. Listeners are encouraged to visit the website in advance to ensure that any required software is installed for uninterrupted access.
For those unable to attend the live session, a replay of the webcast will be available on Aircastle’s website shortly after the conclusion of the conference call, allowing stakeholders to review the discussion at their convenience.
Published on December 28, 2025
SKA Group has announced the addition of three popular food and beverage brands—Bercos, The Barbeque Company, and Domino’s—to the retail portfolio of SKA Arcadia, its flagship commercial development in Wave City, Ghaziabad. The new brands will occupy a combined area of over 14,500 sq. ft., further enhancing the project’s appeal as a high-potential neighbourhood retail destination.
Strategically positioned at the main entrance of Wave City on NH-24, SKA Arcadia benefits from excellent connectivity to Ghaziabad, Indirapuram, and surrounding premium residential catchments. Its location, coupled with a thoughtfully curated tenant mix, continues to position it as one of the region’s most attractive emerging commercial hubs.
Commenting on the development, Sanjay Sharma, Director, SKA Group, said that SKA Arcadia has been envisioned as a neighbourhood centre offering everyday convenience, quality dining, and a strong sense of community. He added that the inclusion of Bercos, The Barbeque Company, and Domino’s reflects the group’s focus on curating brands aligned with evolving consumer lifestyles, while creating a vibrant ecosystem where both retailers and customers can thrive as Wave City continues to grow.
The newly signed brands join established anchor tenants such as Haldiram’s, which occupies over 11,000 sq. ft. at the development. With these additions, SKA Arcadia further strengthens its positioning as a modern, experience-driven commercial destination designed for high footfall, convenience, and long-term value creation.
Spread across 2 acres, SKA Arcadia is a signature high-street commercial development featuring five floors of retail and dining spaces. The project offers premium amenities including fine dining restaurants, a food court, escalators, elevators, multi-level mechanical parking, power backup, and high-speed Wi-Fi, and is registered under RERA number UPRERAPRJ228610/03/2025.
Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!
Subscribe to Hospitality news e-magazine for free and never miss an issue.
By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Advertise With Us
We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.
A platform dedicated to showcase the skills and creativity of hospitality professionals. Share your articles, videos and other content related to the industry and get recognized for your unique perspective and expertise. By posting your content and gaining likes from your own community, we'll categorize your talents and expose them to the hospitality world. Join our community of passionate hospitality professionals and let your talent shine!.
Already have an account?Login
By clicking you agree to the Terms & Conditions and acknowledge our Privacy Policy.
Subscribe for ₹2,000 and receive our monthly magazine for one year (12 months) from the coming month and save 2 months cost.