Hyatt Hotels plans to expand its India footprint from 50 to 150 properties over the next five years, tapping into the country booming luxury hospitality market. With six new hotels set to open in 2025, including in Kochi and Jaipur, the brand aims to cater to rising demand driven by big-ticket weddings, spiritual tourism, and mega-events. Leveraging an asset-light model, Hyatt will focus on management partnerships to grow across both metros and emerging destinations like Varanasi and Tirupati. As India becomes the fourth-largest hospitality market globally, Hyatt's strategy reflects its confidence in the country's expanding middle class and travel infrastructure.Read more

Marriott Hotels has launched a 226-room property in Udaipur, marking another step in its tier-II city expansion. Part of the Marriott Bonvoy portfolio, the hotel targets rising tourist and wedding demand in the heritage-rich 'City of Lakes.' This follows similar openings in Goa, Shimla, and Mussoorie. Marriott's regional VP Ranju Alex noted Udaipur's appeal for both domestic and international travellers. As global hotel chains like Hilton and Accor enter smaller cities, Udaipur is also witnessing growing interest in resort-style villas and mixed-use developments, highlighting a hospitality-led trend in real estate around emerging tourist destinations.Read more

DLF is set to expand its retail portfolio by opening three shopping malls in Goa, Delhi, and Gurugram by the end of FY26. With a combined space of approximately 14 lakh square feet, the developments aim to tap into the growth of organised retail in India. DLF's senior executive, Pushpa Bector, highlighted key projects like 'DLF Midtown Plaza' in Moti Nagar, 'DLF Summit Plaza' in Gurugram, and a large mall in Goa. The company is optimistic about the retail sector's post-COVID recovery, particularly the rise of F&B spaces in malls.Read more

Tata Group's Indian Hotels Company Limited (IHCL) expanded its portfolio to 380 hotels in FY2024-25, with 74 new signings and 26 hotel openings. The company now has 137 properties under development across 14 countries and 150+ locations. Its Ginger brand led the growth with nine new hotels in cities like Nagpur, Coimbatore, and Srinagar. IHCL also entered new global markets, including Bahrain and Ras Al Khaimah. Under its 'Accelerate 2030' strategy, IHCL continues expanding brands like Vivanta and SeleQtions while creating 2,500+ jobs this year, reinforcing its leadership in India's hospitality sector and beyond.Read more

Real estate consultant Cushman & Wakefield reports that nearly 20 premium shopping malls, offering 12.3 million square feet of retail space, will be operational across eight major cities by the end of 2026. These malls aim to meet the increasing demand from retailers seeking expansion opportunities. Out of the total, 8.6 million square feet will be superior Grade A-plus malls, reflecting a shift towards quality and experience-driven retail environments. The growth will be concentrated in cities like Delhi-NCR, Mumbai, and Bengaluru, and reflects an evolving retail landscape focused on curated consumer experiences.Read more

Lulu International Shopping Malls has acquired Manjeera Retail Holdings, owner of Manjeera Mall in Hyderabad's Kukatpally, following a National Company Law Tribunal (NCLT) ruling. The acquisition stemmed from insolvency proceedings initiated after loan defaults, with creditors claiming INR 317 crore. Lulu's INR 318 crore resolution plan was approved by the committee of creditors and ratified by the NCLT. Previously operating under lease, Lulu now fully owns the mall, enhancing its Hyderabad presence. The move is seen as a strategic step amid broader retail restructuring in India, promising improved mall management, brand offerings, and a revitalised retail experience for local shoppers.Read more

India's hotel investment landscape is shifting beyond metros, with nearly half of 2024's hotel deals taking place in tier-II and III cities like Amritsar, Mathura, and Bikaner, according to JLL. Driven by rising domestic travel and religious tourism, investors are targeting operational hotels for rebranding, while greenfield developments crossed 28,000 new rooms-double that of 2023. Notably, 51% of deals came from individual investors and family offices. While metros still draw interest for large-format hotels, smaller cities are gaining traction, influencing local land prices and real estate trends. Government support for tourism further fuels optimism in India's expanding hospitality sector.Read more

Retail leasing in Delhi-NCR surged 57% year-on-year in Q1 2025, led by high street locations like Connaught Place, Khan Market, and Galleria Market, according to Cushman & Wakefield. High streets contributed 61% of the leasing, with Connaught Place rents rising 14% to INR 1,150-1,250 per sq ft and Khan Market climbing 7% to INR 1,600-1,650. Galleria Market posted the highest growth at 20%. While Gurugram dominated leasing at 52%, mall leasing fell 12% as brands shifted focus to high-visibility streets. Fashion and F&B led demand, each accounting for 24% of activity. Nationally, Q1 retail leasing hit 2.4 million sq ft, with Hyderabad leading growth.Read more

Leasing of retail spaces across eight prominent Indian cities surged 55% year-on-year in the March 2025 quarter to 24.08 lakh sq ft, according to Cushman & Wakefield's latest report. High streets dominated with nearly 70% share, driven by strong interest in Delhi-NCR, Mumbai, Bengaluru, and Hyderabad. Mall leasing accounted for 7.2 lakh sq ft. Fashion, F&B, and entertainment brands remained the key demand drivers. Industry leaders observed rising preference for experiential and integrated retail hubs. With 70 lakh sq ft of new Grade A supply expected in the coming quarters, strong momentum is projected to continue.Read more