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Peden Doma Bhutia

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  • 1 min

Accor’s ALL Accor Plus Explorer Tops 485,000 Members, Generating Over 3.8 Million Room Nights in Past Year

  • Peden Doma Bhutia
  • 29 October 2026
🏨 Accor’s ALL Accor Plus Explorer has over 485,000 members, who booked more than 3.8 million room nights across Asia Pacific over the past year. Australia led bookings, followed by Indonesia, Thailand, Vietnam and Singapore. Annual subscriptions cost roughly US$244–$259 in India, Japan, Singapore and Australia. Member room nights grew 41% year-over-year in mainland China and 20% in South Korea, supporting Accor’s push to make paid loyalty a distinct revenue driver.
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  • 1 min

MakeMyTrip Reports $2.7 Billion in Q2 Bookings, Sees Growth in Hotels and Packages Amid Weaker Air Travel.

  • Peden Doma Bhutia
  • 26 October 2026
✈ MakeMyTrip, India's largest online travel agency, reported $2.7 billion in gross bookings for Q2, up 21% year-over-year. Adjusted operating profit reached $46.2 million. Non-air businesses contributed 63.2% to bookings, up from 61.5%. Domestic air departures fell 7%, international 4%, while fares increased 25%-30%. MakeMyTrip holds over 30% of domestic air-ticketing. Hotels and packages constitute 40% of the business, with stand-alone hotel room nights up 18.6% and domestic room nights up over 20%.
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  • 2 min

Indian Hotels Company Exceeds 700-Hotel Target Early, Reports 25% Increase in Management Fee Income

  • Peden Doma Bhutia
  • 22 October 2026
🏨 IHCL will surpass its 700-hotel target by March 2023, with a new goal soon. Operating or developing 670 hotels, 94% of 34,800-room growth is capital-light. Management fee income rose 25% to INR 1.6 billion ($16.9 million). Domestic demand raised RevPAR by 28% and occupancy to 82%. Taj Palace New Delhi earned over INR 1 billion ($10.5 million) in September. Foreign room nights flat, but spending increased. Operating revenue increased 22% to INR 25 billion ($264 million).
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  • 2 min

Yotel Aims to Expand to 100 Hotels by 2031, Leveraging Hilton Partnership and Focusing on Asian Markets

  • Peden Doma Bhutia
  • 22 October 2026
🏨 Yotel plans to expand from 24 to 100 hotels by 2031, focusing on Asia, with Kuala Lumpur opening next year. They're discussing upscale formats with larger rooms and city-center pods. Talks with major Asian airports for YotelAir sites are ongoing. The Hilton partnership grants access to 250 million Hilton Honors members. Yotel expects two-thirds of business through direct channels. Unlike citizenM, which sold to Marriott, Yotel retains brand ownership.
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  • 1 min

Booking.com Expands in India with New Payments System and Business Travel Tools to Compete with MakeMyTrip

  • Peden Doma Bhutia
  • 21 October 2026
🗺 Booking.com aims to attract more Indian travelers by enhancing its relevance to local bookers, particularly in a market dominated by MakeMyTrip. The company is expanding beyond hotel bookings, building its own payment system, and offering small businesses a free tool for booking business trips. Santosh Kumar, the regional head for South Asia, noted that Middle East tensions are not significantly affecting Indian travelers' aspirations. This strategic move targets both business and leisure travel sectors.
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  • 1 min

Ixigo Aims for Hotels to Become Major Business Segment, Targeting Growth in Tier-2 and Tier-3 Cities

  • Peden Doma Bhutia
  • 19 October 2026
🏨 Ixigo aims for hotels to become a top business in 4-5 years, says co-CEO Aloke Bajpai. Hotels currently represent 2.1% of GTV, but could grow to the largest or second-largest segment. Growth is essential, as 94% of transactions involve Tier-2 and Tier-3 cities, with 90% of trips via train or bus. This provides a captive audience seeking affordable accommodations, minimizing acquisition costs.
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  • 1 min

Indian Tourist Arrivals Help Maldives' Hospitality Sector Nearly Recover Post-Middle East Crisis, Says Marriott International

  • Peden Doma Bhutia
  • 15 October 2026
🌍 In March, the Middle East crisis led to decreased tourist arrivals in the Maldives as European and American travelers avoided Gulf hubs. Marriott International reports a recovery in numbers, largely driven by the Indian market. Silvio Rosenberger, from Marriott, highlights India's rise as a top source with arrivals at 76,000 through August, up from 112,229 in 2025. Marriott plans new properties, including a Bulgari Resort next year, to accommodate growing demand.
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  • 1 min

Radisson Hotel Group Aims to Double India Portfolio to 500 Hotels by 2030 Through Local Partnerships

  • Peden Doma Bhutia
  • 13 October 2026
🏨 Radisson Hotel Group aims to double its presence in India to 500 hotels by 2030 without acquisitions. Instead, CEO Federico González plans to partner with Indian hotel groups, leveraging their network and loyalty program. Radisson already collaborates with MBD Group and seeks further Indian ties for access to its technology and operating systems. This strategic move highlights Radisson's focus on growth in India by integrating local partnerships rather than capital-heavy acquisitions.
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  • 1 min

Postcard Hotels Plans Urban Expansion with Nearly-All-Suite Hotels and Private Clubs in Major Indian Cities

  • Peden Doma Bhutia
  • 13 October 2026
📍 Postcard Hotels, founded in 2018, is shifting from leisure retreats to urban locations. CEO Kapil Chopra plans nearly-all-suite hotels with integrated private members' clubs in cities like Delhi, Mumbai, Bengaluru, and Hyderabad. Currently, they are in discussions at three urban locations. The brand, known for its 12 properties in spots like Goa and Assam, aims to offer a financially viable urban format focused on prime locations and exclusive amenities.
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  • 1 min

Royal Orchid Hotels Launches Iconiqa Living with 130 Branded Residences in North Goa, Expanding Lifestyle Offerings

  • Peden Doma Bhutia
  • 7 October 2026
🏠 Indian hospitality company Royal Orchid Hotels launched Iconiqa Living on Wednesday, featuring 130 units in North Goa. Iconiqa, an upscale lifestyle brand, expands from hotel rooms to branded residences after one year. President Arjun Baljee emphasizes that service and personalization are crucial. This launch reflects Royal Orchid's portfolio expansion amid rising demand in pilgrimage towns, wedding destinations, leisure markets, and commercial centers. The group includes Regenta hotels, plans for 125 Hampton by Hilton locations, and four Iconiqa formats.
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