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 Nishang Narayan
Published on June 1, 2024
Radisson Hotel Group, a key player in the global hospitality industry, continues its expansion in India with a significant new addition in Bihar. In partnership with Naturals Dairy Private Limited, Radisson has announced the upcoming Radisson Hotel Patna, poised to become the first internationally branded hotel in the region. This move is part of Radisson's strategic focus on penetrating tier 2 and 3 markets in India, enhancing the hospitality landscape with high-quality accommodations.
Located in the Patliputra area of Patna, the hotel enjoys a strategic position with easy access to major highways and railways, ensuring seamless connectivity. The proximity to Jayaprakash Narayan International Airport and Patna Railway Station makes it an ideal choice for both domestic and international travelers. Patna, known for its historical significance and landmarks like Golghar and the Patna Museum, combines rich heritage with modern development, making it a burgeoning hub for commerce, education, and tourism.
Scheduled for operation by Q4 2027, Radisson Hotel Patna will offer 120 well-appointed rooms, including suites, designed to provide a comfortable and luxurious stay. Guests will have access to modern amenities and can enjoy leisure facilities such as a fitness area and a swimming pool. The property will also feature two ballrooms equipped with the latest technologies, suitable for both business and social events.
The hotel will house multiple dining venues, including an All-Day Diner and a tea lounge, offering guests a variety of culinary experiences. These establishments aim to cater to all palates, providing a memorable gastronomic journey through diverse flavors and dishes.
Nikhil Sharma, Managing Director and Area Senior Vice President, South Asia, at Radisson Hotel Group, expressed enthusiasm about the new venture, stating, "The opening of Radisson Hotel Patna marks a milestone in our efforts to expand our presence across India's tier 2 and 3 cities. This initiative not only aims to introduce premium lodging options in new markets but also to elevate the hospitality standards with our renowned service quality."
Hemant Das, Co-founder and CEO of Naturals Dairy Private Limited, highlighted the collaborative effort, noting, "Our partnership with Radisson Hotel Group is set to introduce a new era of hospitality in Patna. Leveraging Radisson's global standards and our local market insights, we are excited to set new benchmarks in the region."
Radisson Hotel Group's commitment to expanding its Indian portfolio is evident in its operational and developmental presence across the country. With a strategic focus on both major urban centers and emerging cities, Radisson continues to strengthen its footprint and lead the way in transforming India's hospitality industry.
From Uttarakhand, India to New York: Yogesh Singh Rawat’s In...
In the ever-evolving world of hospitality, stories of persev...
Residency Group of Hotels Clinches Gold at SICA Incredible C...
The Residency Group of Hotels has emerged victorious at the ...
Unboxed at The Lalit: Pride Month Exhibition Puts Queer Art ...
In a city where tradition and transformation often collide, ...
Al Habtoor City Redefines Luxury Wellness Escapes in Dubai
In the heart of Dubai’s vibrant landscape lies Al Habtoor Ci...
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.
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, 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.”
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.
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.
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.