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By Manu Vardhan Kannan
Published on May 27, 2025
Sterling Holiday Resorts, a prominent name in India’s leisure hospitality sector, has hit a new high in FY25, crossing the ₹5 billion mark in annual revenue for the first time. The company reported a total revenue of ₹5,202 million, reflecting a 13% year-on-year growth, while maintaining a healthy EBITDA margin of 34%. Notably, Sterling remains completely debt-free and has recorded 20 consecutive quarters of profit.
The company’s footprint expanded to 61 resorts with 3,254 rooms across 53 destinations, with new properties launched in Jaisalmer, Tipeshwar, and Amritsar during Q4.
Sterling now operates across 17 Indian states, with strong regional clusters such as 9 resorts each in Kerala and Tamil Nadu, 8 each in Rajasthan and Maharashtra, and 7 in Uttarakhand. The resort themes are diverse, featuring 13 in wildlife destinations, 13 in the Himalayas, and 11 in spiritual circuits. The brand is also strengthening its presence in the bleisure (business + leisure) segment, with properties in Madurai, Karwar, Bokaro, and Dehradun.
Food & Beverage (F&B) revenue crossed ₹1 billion this year, supported by revamped F&B offerings, the addition of specialty restaurants, and increased focus on the banquet business.
Sharing his thoughts, Mr. Vikram Lalvani, MD & CEO, said:
“Crossing ₹5 billion in revenue is a landmark moment for us... We remain focused on delivering high-quality, differentiated experiences as we expand across India through our asset-right strategy.”
On the customer satisfaction front, Sterling continues to shine:
Sterling Kanha won the TripAdvisor Best of the Best Award for the 3rd consecutive year.
30 resorts received the Traveler’s Choice Awards, with 10 winning it for three years in a row.
Sterling Puri, the 121-key flagship property, was named Best Family Resort of the Year at the CMO Asia Odisha Leadership Awards 2025.
Under its Sterling Sankalp ESG initiative, the company made major strides in sustainability and community upliftment:
Energy Efficiency: Heat pumps, EV charging stations, and renewable energy investments
Waste Management: Plastic-free efforts through in-house water bottling in four resorts
Water Conservation: Rainwater harvesting and grey water recycling
CSR: Ongoing support to Fairfax India Charitable Foundation’s “Project Dialysis”, which has helped install over 2,000 dialysis machines across India
A major highlight was Sterling Munnar winning Gold at the 14th RCI Green Awards, becoming the first resort in the Middle East, Africa, and Asia-Pacific to achieve this recognition.
Looking ahead, Sterling is confident about future growth, with solid demand in domestic tourism, a strong resort pipeline, and ongoing investments in technology, leadership, and people.
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By Hariharan U
Published on September 7, 2025
ALIVAA Hotels & Resorts has announced the addition of a new property in Mukteshwar, Uttarakhand, further strengthening its growing portfolio under The Hoften brand. The property, earlier known as Snowia Luxury Stay, will now operate as The Hoften, Mukteshwar.
“Adding Mukteshwar to our portfolio is a strategic move that aligns with our vision of offering unique and exceptional experiences in both established and emerging destinations. This property, with its stunning location, is a perfect fit for The Hoften brand, which focuses on modern amenities and seamless experiences for the new-age traveller”, said Akash Bhatia, CEO- ALIVAA Hotels & Resorts (Managed & Franchise Business).
Echoing this sentiment, Inderpal Batra, co-founder of ALIVAA Hotels & Resorts, highlighted the company’s growth ambitions: “We are thrilled to welcome The Hoften, Mukteshwar, to our family. This partnership is another milestone in our journey to become a leading hospitality player in India. Our aggressive expansion strategy focuses on bringing our signature hospitality to key locations, and Mukteshwar is a gem that we are proud to add”.
On his part, Divyanshu Yadav, owner of The Snowia, Mukteshwar, expressed optimism: “Joining forces with ALIVAA Hotels & Resorts and bringing our hotel under The Hoften brand is a momentous occasion. Their expertise and commitment to guest satisfaction perfectly complement our vision. We look forward to delivering even more memorable experiences to our guests through this collaboration”.
Nestled amidst fruit orchards, conifer forests, and panoramic Himalayan views, The Hoften, Mukteshwar offers valley-facing rooms with stunning vistas of Nanda Devi and other peaks. The property caters to travellers seeking both tranquility and modern comforts, reflecting Hoften’s ethos of efficient service, contemporary amenities, and smart hospitality design.
With existing Hoften properties in Gurugram, Bengaluru, Noida, and Dalhousie, the Mukteshwar addition underscores ALIVAA’s commitment to expanding its footprint across India’s dynamic hospitality landscape.
Published on September 5, 2025
Grand Mercure Bangalore in Koramangala has unveiled the reimagined By the Blue, the hotel’s signature poolside restaurant, designed to offer guests an elevated dining experience. The refreshed concept presents a refined journey through Indian gastronomy, where heritage recipes meet contemporary artistry.
Speaking on the relaunch, Parag Shah, General Manager, Grand Mercure Bangalore, said, “By the Blue is envisioned as a space where timeless Indian culinary traditions are celebrated with modern creativity. From our carefully curated menu to the ambience by the poolside, every detail is designed to offer guests a soulful and elevated dining experience. We are delighted to welcome our patrons to this exciting new chapter at Grand Mercure Bangalore”.
Celebrating the essence of Indian culinary traditions, the newly curated menu draws inspiration from age-old cooking techniques, from the gentle smokiness of clay pot roasting to the layered richness of dum slow-cooking. Guests can expect flavours that evoke the warmth and nostalgia of a traditional Indian kitchen, enhanced with contemporary presentation and modern flair.
To complete the dining journey, By the Blue also offers a repertoire of expertly crafted beverages, creating a holistic experience for guests. With its refined menu, elegant poolside ambience, and thoughtful design, the restaurant reaffirms Grand Mercure Bangalore’s commitment to delivering soulful, memorable dining moments.
Published on September 4, 2025
Botanix Resorts Pvt Ltd, known for its eco-tourism and nature-inspired escapes, has unveiled its newest destination, Shivalaya Resort by Botanix in Ghorakhal, Bhowali, Nainital. Spread across 1.2 acres in the Kumaon hills, the boutique resort features 25 rooms, including Deluxe, Executive, Premium, Luxury Suites, Deodar Suites, and spacious Deodar Family Suites. Guests can dine at Panache, a multi-cuisine restaurant with indoor and alfresco seating, offering a mix of global flavours and local Kumaoni dishes.
“At Botanix, our vision is to create soulful sanctuaries that celebrate local landscapes and traditions. Shivalaya Resort by Botanix brings together Kumaon’s spiritual heritage, natural splendour, and authentic flavours, while staying true to Botanix’s ethos of warmth and sustainability amidst lush greenery”, said Mr. Atul Vashisth, Managing Director, Botanix Resorts Pvt Ltd.
Beyond its scenic setting, the resort offers unique experiences such as an aviary of exotic birds, an observation deck with panoramic valley views, cultural evenings with Kumaoni folk dances, and interactions with village life. Modern amenities include a landscaped lawn, indoor games, a heated covered swimming pool, a gym, a badminton court that doubles as a multi-sport space, and a mini banquet hall for social and corporate events.
Perfectly located, the resort serves as a gateway to Kumaon’s heritage and spiritual circuits. Guests can visit nearby attractions like the Ghorakhal Golu Devta Temple, Neem Karoli Baba’s Kainchi Dham, and Kasar Devi Temple, famed for its cosmic energy and global spiritual connections. Scenic trails to Mukteshwar and Jageshwar Dham, as well as lake getaways to Nainital, Bhimtal, Saat Tal, and Naukuchiatal, are within easy reach. Local culinary favourites such as Aloo ke Gutke and Bal Mithai further enrich the Kumaoni experience.
Shivalaya Resort by Botanix is already planning its next phase of growth, with 20 more rooms, a modern banquet hall, and a party lawn slated for 2026, making it a destination for weddings, retreats, and celebrations.
This launch strengthens Botanix Resorts’ vision of building 11 botanical-themed resorts across North India, complementing its portfolio of resorts and residences that focus on sustainability, wellness, and deeper connections with nature.
About Botanix Resorts Pvt LtdBotanix Resorts Pvt Ltd creates botanical-themed living experiences rooted in sustainability, wellness, and education. Alongside resorts, the company operates Botanix Residences, a community of eco-friendly villas and cottages designed with biophilic architecture. More details can be found at www.botanix.in.
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