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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 Nishang Narayan
Published on July 9, 2025
Royal Orchid Hotels Ltd. (ROHL) continues to build on its growth momentum in Maharashtra with the launch of Regenta Central Shivani, Solapur. Strategically located in the MIDC area on the scenic Bhima and Seena river basins, the new property marks ROHL’s 13th hotel in the state and the fourth launch this year.
Regenta Central Shivani features 65 well-appointed rooms, including three accessible rooms, designed with a Rajasthani theme that blends local character with modern comfort. Thoughtfully crafted to cater to both business and leisure travellers, the hotel offers a range of amenities such as a swimming pool, spa, and gym.
The property stands out with the largest common area in Solapur, housing ROHL’s signature all-day dining restaurant that accommodates 170 guests, a cozy lobby cafe, and a vibrant poolside bar with 40 covers. For events, it provides versatile spaces including a 1000 sq ft meeting room, an expansive 8600 sq ft banquet hall, and a sprawling 25,000 sq ft lawn, making it ideal for everything from small gatherings to medium-scale celebrations.
Speaking on the launch, Chander Baljee, Chairman and Managing Director of Royal Orchid Hotels Ltd., shared, “We are thrilled to expand our presence in Maharashtra with our 13th property in the state, addressing the growing demand for tourism and business accommodations. Solapur, with its rich tradition of textiles, handicrafts, and leather goods, serves as a strategic commercial hub with excellent connectivity to cities like Hyderabad and Pune. This expansion aligns with our plans to penetrate micro-markets with properties ranging from upscale hotels to value stays. We are excited to partner with Mathura Agro for Regenta Central Shivani, Solapur.”
Venugopal Karwa and Lavesh Karwa, MDs of Mathura Agro Industries, added, “This collaboration with ROHL is an exciting milestone for us. With the introduction of the Regenta brand’s fresh and vibrant energy to Solapur, we look forward to offering our guests a distinctive and exceptional experience.”
Located just four hours from Pune and Hyderabad, Solapur is known as the textile city and is surrounded by iconic temples such as Tuljapur, Pandharpur, and Akkalkot, adding cultural richness to its commercial appeal.
With this launch, ROHL continues to strengthen its footprint in key micro-markets across India, offering a blend of upscale hospitality and value-driven stays.
Indian Hotels Company (IHCL) has announced the signing of a new greenfield hotel in Jaipur, Rajasthan, under its Vivanta brand. The 160-key Vivanta Jaipur will come up in Jagatpura, making it the closest hotel to the newly renovated Terminal 1 of Jaipur International Airport.
This upcoming property will feature an all-day dining restaurant, a bar, a specialty rooftop restaurant, a fully equipped gym, swimming pool, health club, and state-of-the-art conference facilities. Designed to cater to both leisure travellers and the growing business and MICE segments, it aims to deliver a world-class hospitality experience.
Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Fuelled by major infrastructure developments, Jaipur has rapidly evolved as a key regional hub, significantly boosting demand from business and MICE segments apart from the long-established leisure segment. This signing aligns with IHCL’s strategy to expand presence in such high-growth micro markets of metros and state capitals across India. We are delighted to collaborate with Dinesh Choudhary, Vivek Choudhary and Rajat Choudhary for this project.”
The project is a collaboration with Wonder Build Developers Private Ltd. Speaking on the partnership, Vivek Choudhary, Director, Wonder Build Developers, shared, “We are proud to partner with IHCL to bring the Vivanta brand to Jaipur. This collaboration will contribute to the city’s growing hospitality landscape and offer a world-class experience to travelers. With IHCL’s expertise and the strong brand recognition of Vivanta, we are confident that the hotel will emerge as a preferred destination.”
With this addition, IHCL’s portfolio in Rajasthan will grow to 31 hotels, including 8 under development. Wonder Build Developers, led by Dinesh Choudhary and his sons Vivek and Rajat, has a diversified business portfolio spanning infrastructure development, real estate, NBFC, and hospitality.
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.”
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.
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