Peden Doma Bhutia - 10 Minutes News for Hoteliers

Brick building with large red vertical letters spelling HOTEL on its facade, against a pale blue sky.

1 min

Indian Hotels Company Expands with 20 Hotel Signings, 11 Openings, Targeting 700 Hotels by 2030

📍 IHCL announced 20 hotel signings and 11 openings in the June quarter, bringing its portfolio to 645 hotels. The company targets 700 hotels by 2030. Of the 20 hotels, 17 are under Gateway, Ginger, and Tree of Life brands. New projects are located in Bharatpur, Trichy, Sindhudurg, Jawai, and Wayanad, with expansions in Mumbai, Goa, Agra, and Kolkata. The shift reflects India's hospitality growth in smaller cities.

Motel with a large illuminated MOTEL sign on a blue building, a white water tower to the left, and a row of parked cars behind a white picket fence.

1 min

Omaxe to Invest INR 62 Billion in Developing 19 Hotels Across 13 Indian Cities Over Next 4-5 Years

🏨 Omaxe, a real estate developer, announced plans on Monday to invest approximately INR 62 billion ($656 million) in building 19 hotels across 13 Indian cities over the next four to five years. This move follows Adani Airport Holdings' recent partnership with IHG Hotels & Resorts for five airport-linked hotels. Omaxe aims to integrate these hospitality assets with townships, mixed-use developments, and public infrastructure projects, including business, leisure, luxury, and pilgrimage-focused hotels, as well as serviced apartments.

1 min

Thailand's Luxury Hotel Market Sees $66 Million in 2025 Transactions Amid Asset Supply Shortage, JLL Reports

📈 Thailand's luxury hotel market saw THB 2.2 billion ($66 million) in transactions in 2025, highlighting a supply issue, not demand. Since 2017, luxury hotels have comprised 19.2% of sales volume but just 7.9% of transactions, indicating limited availability. Investors are eager, but long-term owners retain trophy properties, tightening the market. Xander Nijnens from JLL notes that luxury assets are rarely sold, contributing to the gap between investor interest and property availability.

1 min

Air India Partners with Booking.com to Offer Maharaja Club Members Access to 31 Million Accommodation Listings

🛫 Air India partners with Booking.com to offer Maharaja Club members access to 31 million accommodation listings, including 8.6 million unique stays. Members earn 5 Points per INR 100 ($1.06) spent, redeemable for flights and upgrades. Launch discount of up to 15% runs from June 22 to July 21. This initiative extends Air India's offerings beyond flights to include travel accommodations, enhancing its frequent-flyer program with commerce products like cruises and car rentals over the past two years.

1 min

Grab Expands Travel Offerings with Launch of GrabStays, Discover by Grab, and AI-Powered Personalised Experience

📰 This spring, Grab, a Singapore-based superapp, launched travel-related services including GrabStays, Discover by Grab, GrabPay for Travel, and a Personalised Travel Experience layer. Despite not identifying as a travel company, Grab focuses on travelers as users. Their new "intelligence layer," a data and AI system, leverages insights from its transport, food delivery, grocery, and payments operations to enhance consumer experiences, as explained by Chief Product Officer Philipp Kandal.

1 min

Kerten Hospitality to Launch First India Property by 2026 with Over 1,000 Keys in Initial Phase

🏨 Ireland's Kerten Hospitality will open its first Indian property before the end of 2026, potentially before Q4. CEO Marloes Knippenberg aims for over 1,000 keys initially, with plans possibly increasing due to Indian developers' preference for multiple projects. Kerten, operating in 11 countries with 12 brands, will launch three lodging brands: House Hotel, Cloud 7, and HOSME, through management agreements. This entry is considered their most significant market move to date.

1 min

Ixigo to Acquire 54.66% Stake in Brevistay for INR 657 Million, Expanding Hotel Network to 10,000 Properties

📅 Ixigo plans to acquire a 54.66% stake in Brevistay Hospitality for INR 657 million ($17.4 million). Founded in 2016, Brevistay offers short-stay bookings in budget to premium hotels across India. Once finalized, Brevistay will become an Ixigo subsidiary. This acquisition will provide the companies access to over 10,000 directly contracted hotels across the country.

1 min

EIH's Oberoi Hotels Sees Surge in Domestic Luxury Travel Demand Despite Global Disruptions Impacting Foreign Visitors

📰 India's luxury hotel market, led by EIH (Oberoi Hotels & Resorts), is seeing a significant rise in domestic affluent travelers. Vikram Oberoi, CEO of EIH, mentioned on Friday's earnings call that the domestic share has increased substantially. Despite a dip in inbound foreign travel due to the Iran war affecting air connectivity, strong domestic demand has more than compensated. April, usually strong for foreign tourists, faced disruptions, yet local demand remains robust.

Rakuten Travel Plans Expansion into U.S. Market, Targeting West Coast and Hawaii for Growth Opportunities

🛫 Rakuten Travel, the online travel arm of Japan’s tech and retail giant, aims to expand into the U.S., focusing on the West Coast and Hawaii. With strong Asian-American communities and business ties to Asia, these regions offer significant opportunities. CEO James Park highlights the existing American user base through Rakuten.com as a foundation for this expansion. This strategic move targets a deeper connection with Asian markets and utilizes Rakuten's established U.S. presence.

1 min

Iran Conflict Costs Indian Hotels Company Up to INR 1 Billion in Lost Revenue Due to Cancellations

💸 Indian Hotels Company (IHCL) reported a loss up to INR 1 billion ($10.5 million) due to the Iran war, primarily from last-minute cancellations and event rescheduling. CFO Ankur Dalwani detailed losses of INR 400-500 million ($4.2-$5.25 million) at the consolidated level. The losses severely impacted the fourth quarter and early April. Despite this, CEO Puneet Chhatwal noted a return to strong growth by mid-April. Dubai emerged as a key transit hub affected by these developments.

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