Hospitality Sector

ITC Hotels has reported a remarkable 74% increase in net profit for the second quarter, reaching Rs 133 crore, driven by strong recovery in domestic hospitality demand and enhanced operational efficiencies. The surge reflects rising occupancy rates, improved average room tariffs, and cost-optimization measures across properties. Revenue growth was supported by increased leisure and business travel, alongside strategic marketing initiatives targeting premium segments.

Brigade Hotel Ventures Ltd. (BHVL), the hospitality arm of Brigade Group, reported a sharp 57% year-on-year increase in its profit after tax (PAT) to Rs. 11 crore for the quarter ended September 2025. The strong performance was driven by higher occupancy rates, improved room yields, and sustained growth in food and beverage revenues. Supported by a rebound in business and leisure travel, the company’s revenue from operations saw a healthy uptick, reinforcing its position in the premium hospitality segment.

Bloom Hotels, a tech-driven hospitality brand, reported a significant 36.14% increase in revenue for the fiscal year 2024-25, reaching ₹357.50 crore compared to ₹262.60 crore in the previous year. This growth underscores the company's strategic expansion and operational efficiency. In the past three years, Bloom Hotels has achieved a sixfold revenue increase, from ₹58 crore in FY22 to over ₹357 crore in FY25. The company attributes this success to its focus on capital efficiency, profitability, and product excellence, with plans to explore expansion into Tier 2 and 3 cities.

Hyatt Hotels Corporation has announced a landmark expansion of its JdV by Hyatt brand in Kanpur, signaling a strategic push into India’s growing premium hospitality market. The new property, set to be a signature lifestyle hotel, reflects Hyatt’s focus on delivering culturally inspired experiences while catering to business and leisure travelers. Analysts note that this move aligns with rising domestic travel demand, urban business growth, and increasing interest in experiential hospitality.

Leela Palaces, a renowned name in India’s luxury hospitality sector, has secured approval from the Ministry of Corporate Affairs (MCA) for a formal change in its corporate identity. This move marks an important milestone in the brand’s evolution, aligning its legal framework with its refined positioning in the market. The change, although procedural, underscores the group’s strategy to consolidate its brand presence, strengthen its legacy in luxury hospitality, and reflect a more contemporary corporate image.

Sarovar Hotels has inaugurated a new hospitality property in Alwar, Rajasthan, marking a strategic expansion in the state’s growing tourism sector. The property is designed to cater to both leisure and business travelers, combining modern amenities with local cultural aesthetics. Analysts suggest that this development aligns with the company’s broader growth strategy, leveraging Rajasthan’s rising domestic and international tourism demand. The Alwar property is expected to contribute to revenue growth, enhance brand visibility, and create employment opportunities in the region.

Ritesh Agarwal-led OYO has taken a decisive step toward its long-awaited stock market debut by rebranding its parent entity as “Prism.” The move reflects the hospitality unicorn’s intent to signal a broader vision that extends beyond traditional hotel aggregation. As OYO prepares for its initial public offering, the renaming is seen as part of a strategic repositioning to appeal to global investors, underscore diversification efforts, and refresh its corporate identity after years of operational challenges and restructuring.

IHG Hotels & Resorts, one of the world’s leading hotel chains, is significantly expanding its footprint in Bengaluru with the addition of 420 new keys across multiple properties. This strategic move reinforces IHG’s commitment to India’s booming hospitality sector, capitalizing on the city’s growing demand for business and leisure accommodations. Bengaluru’s status as a technology and business hub makes it a critical market for luxury and midscale hotel offerings.

The Indian Hotels Company Limited (IHCL), part of the Tata Group and a leading name in the hospitality industry, has announced the opening of a new property under its Gateway brand in Dwarka, New Delhi. Positioned as a modern and upscale offering, the hotel is expected to enhance the city’s growing hospitality landscape. Strategically located near the airport and major business districts, the hotel aims to cater to both business and leisure travelers.

Indian Hotels Company Ltd. (IHCL), the hospitality arm of the Tata Group, is gearing up for its next phase of expansion through a combination of acquisitions and entry into new destinations. The company, which operates the iconic Taj, Vivanta, SeleQtions, and Ginger brands, is pursuing both domestic and international opportunities to strengthen its portfolio.