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By Author
Published on August 5, 2023
Sterling Holiday Resorts proudly announces the opening of its latest resort in Vythiri, Wayanad, marking its second presence in this bustling tourist destination alongside its existing resort at Sultan Bathery. With the addition of Vythiri, Sterling now boasts seven exceptional properties in God's Own Country.
Nestled within a serene 4.5-acre green expanse, the resort features 27 exquisitely furnished suites and cottages, offering a tranquil experience with the Kabini River flowing gently through the property. The stunning 80 ft giant bamboo thicket and a restored Russian army truck add a touch of uniqueness and provide delightful selfie spots for guests.
Just a 2-hour drive from Calicut International Airport and a 1 ¼ hour's drive from Sterling Wayanad, the resort is the perfect destination for couples seeking a romantic getaway, newlyweds looking for serenity, or nature enthusiasts on a peaceful escape. Sterling Vythiri Wayanad invites guests to indulge in rejuvenating 'me-time,' with activities like breathtaking sunrise and sunset views, immersive bird-watching trails, and leisurely cycling trips around the resort to unwind and rejuvenate the soul.
At the multi-cuisine restaurant, Spring Valley, guests can savour the exotic flavours of Moplah / Malabari cuisine alongside a selection of Indian and global favourites. From Chemmeen kudampuliyittathu to Malabari peralan and Veg mappas, the restaurant offers a gastronomic journey through Kerala's rich cuisines.
Venturing beyond the resort, guests can explore captivating attractions like the Manjappara View Point for picturesque sights, enjoy boating on the scenic Pookode Lake, experience the thrill of the glass bridge at Thollayiram Kandi, and visit the unique Seetha temple at Pulpally, the only one of its kind in India. Adventure-seekers can revel in bamboo rafting at Kuruvadweep and embark on thrilling trekking adventures on the Chembra Peak.
Vikram Lalvani, MD, and CEO of Sterling Holiday expressed, "This is our 7th resort in Kerala and our portfolio includes hill stations, lakeside, jungle, pilgrimage and drive-to destinations. There is a surging tourism demand for Kerala that we would like to tap and we are planning to further expand our presence with more resorts across the state."
Jose Mathew, Director of EVM Group, added, "We are sure that our Vythiri resort will form a nice circuit with the existing Sterling Wayanad resort making it an ideal 5-day holiday for our guests to enjoy the natural beauty and rich culture that Wayanad has to offer. We are delighted to join hands with Sterling to present a world-class hospitality experience to our esteemed guests."
Experience the splendour of Sterling Vythiri Wayanad and immerse yourself in the mesmerizing allure of Wayanad's wonders.
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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.
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.
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