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IHG Hotels & Resorts has signed a management agreement with Thanishq Grande Hotels & Resorts to develop a 200-key Holiday Inn property in Sriperumbudur, Tamil Nadu. The hotel is scheduled to open in the first quarter of 2029 and will cater to growing demand in a key industrial and commercial hub. The signing marks the third collaboration between the two companies, reflecting continued expansion of IHG’s midscale brand portfolio in India. The company currently operates 51 hotels across six brands in the country and has a pipeline of 89 additional properties planned over the next three to five years, indicating sustained growth in India’s hospitality and commercial real estate sectors.Read more

25 Apr 2026

Gautam Buddha University will host a two-day national conference titled “The Nexus Imperative: Environment, Public Health and Policy for a Sustainable Future (EHP Nexus 2026)” later this week in Greater Noida. Supported by Indian Council of Social Science Research, the event will bring together researchers, policymakers and industry stakeholders to discuss climate change, circular economy, ESG and sustainable development. With over 100 research paper abstracts expected, the conference will focus on interdisciplinary solutions and the “One Health” approach linking environmental and public health systems.Read more

25 Apr 2026

SOTC Travel has expanded its retail footprint in North India with the launch of two new franchise outlets in Bareilly and Noida, Uttar Pradesh. The move forms part of the company’s strategy to strengthen its presence across high-growth Tier I and II markets, targeting both emerging and affluent consumer segments. While Bareilly offers access to first-time and aspirational travellers, Noida provides a strong base of corporate and high-income customers with established outbound travel demand. The outlets will operate under an omnichannel model, offering a range of domestic and international travel services. The expansion reflects growing demand for experiential travel, including luxury, adventure and spiritual tourism, particularly among families, professionals and younger travellers.Read more

24 Apr 2026

Radisson Hotel Group plans to expand its India portfolio to 500 hotels by 2030, which is expected to generate between 65,000 and 80,000 jobs. The company currently operates over 200 properties and intends to drive growth primarily through upscale formats across tier I to IV cities, along with resorts and spiritual destinations. Around 55 per cent of upcoming projects will be in metro markets. The group is also focusing on skill development through institutional partnerships. While global geopolitical tensions have affected occupancy in certain regions, the India pipeline remains unchanged.Read more

24 Apr 2026

KEM Hospital in Parel is reviewing a proposal to construct a 42-storey tower with a helipad to address increasing patient pressure. The plan, revisited during a recent inspection by civic chief Ashwini Bhide, remains at an early stage due to heritage restrictions. The hospital’s Grade II-A status limits structural changes, making approvals complex. The move is part of ongoing efforts by the civic body to expand capacity at one of Mumbai’s busiest public hospitals, which continues to handle a high number of patients from across the state.Read more

24 Apr 2026

Indian Hotels Company Limited, part of the Tata Group, has completed the acquisition of a 51% stake in Brij Hospitality Private Limited for an investment of up to INR 222 crore. The transaction, executed through its subsidiaries, includes both share purchase and fresh capital infusion. With Brij now becoming a subsidiary, IHCL is expanding its presence in India’s growing boutique and experiential hospitality segment, aligned with rising demand for heritage-led and curated travel experiences.Read more

23 Apr 2026

Ventive Hospitality, promoted by Panchshil Realty and backed by Blackstone, is expanding its Maldives-led hotel portfolio into new international and regional markets. The company currently operates multiple luxury and upscale hospitality assets in the Maldives, which remain a key revenue contributor. It is now working on diversifying its presence by exploring additional tourism destinations while continuing its focus on premium leisure hospitality. The strategy also includes strengthening partnerships with global hotel brands and scaling its broader hotel pipeline across India and overseas markets for balanced long-term growth.Read more

22 Apr 2026

Qatar Airways has expanded its global network to over 150 destinations under a revised summer schedule aimed at handling peak travel demand. The plan includes new routes and increased frequencies through its Doha hub, improving connectivity across regions. The airline has also introduced flexible travel options, allowing passengers to change dates without fees or opt for refunds under certain conditions. This move follows a steady restoration of routes over the past year and reflects efforts to strengthen operations while maintaining reliability during the high-traffic summer period.Read more

22 Apr 2026

Jindal Stainless Ltd has entered the retail segment with the launch of its stainless steel rebar brand Jindal Infinity, extending its presence into the construction value chain. The move shifts the company from a traditional B2B model to directly serving consumers, builders, and fabricators. The product is designed to offer higher corrosion resistance and durability in challenging environments. The company highlighted the expansion of its distributor network and rising demand for high-performance materials. It also noted its FY25 turnover of INR 40,182 crore and capacity expansion plans to 4.2 million tonnes by FY27, along with global operations.Read more

21 Apr 2026

Construction costs for shopping malls in India have increased by 13.9% over the past two years, driven by higher spending on design, infrastructure and building systems. Developers are investing more in advanced fades, multi-level basements and upgraded mechanical, electrical and plumbing (MEP) systems to meet evolving consumer expectations. The rise has made mall development more capital-intensive, even as demand for organised retail space remains strong. The trend reflects a shift towards experience-led retail formats, requiring higher upfront investment. Developers are now recalibrating project economics amid rising costs, which may influence leasing strategies and timelines for new mall supply.Read more