Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Hospitality & Retail

Cinepolis unveils cutting-edge 1427 seater multiplex at LULU Mall in Hyderabad

Cinépolis introduces a state-of-the-art multiplex at Hyderabad's LULU Mall, boasting 5 screens and 1427 seats, setting a new standard in cinematic indulgence. With an emphasis on comfort, RealD 3D technology and Dolby Atmos, this venture elevates the movie watching experience. The multiplex features a gourmet dining counter and expands Cinépolis's footprint to 27 screens across Hyderabad and 127 screens in South India. This collaboration between Cinépolis and LULU Mall promises an immersive, culturally rich entertainment experience, blending world-class cinema with vibrant surroundings, setting a new benchmark in cinematic excellence.Read more

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Dusit International announces inaugural hotel venture in Malaysia's Gamuda Cove

Dusit Hotels and Resorts collaborates with property developer Gamuda Land for its inaugural venture in Malaysia named ASAI Gamuda Cove. It is set to open in Q1 2026. This 280-key hotel follows Dusit's unique ASAI brand and the enhanced 'ASAI Tropical' model, offering diverse amenities. Positioned strategically in Gamuda Cove, near the biodiversity-rich Paya Indah Discovery Wetlands, it seamlessly integrates with nature and community. The hotel supports eco-friendly practices, featuring a first-of-its-kind e-tram network. Anticipating a million annual visitors, this partnership aligns with Gamuda Cove's eco-tourism focus. Dusit International's global portfolio and plans for new hotels reinforce its industry prominence.Read more

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Saijo's Itomachi Hotel O: Japan's first zero-emissions hotel redefines sustainability

The Itomachi Hotel O in Saijo, Japan, designed by architect Kengo Kuma and spearheaded by semiconductor company Advantec, is drawing attention as the nation's first zero-emissions hotel. Inaugurated as part of a regional revitalization effort, the hotel achieves net-zero carbon emissions through rooftop solar panels, contributing to the city's renewal amid population decline. The multifunctional complex, featuring a market and restaurants, serves as an emergency shelter with a 140-kilowatt solar capacity. The hotel enhances this to 300 kilowatts, securing the highest green accreditation in Japan. This innovative project not only addresses environmental concerns but also exemplifies the integration of sustainability with community-driven regional development.Read more

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Peerless Hotels unveils ambitious expansion plan amidst hospitality resurgence

Peerless Hotels is set for a transformative journey, planning to double its room capacity in the next five years. Following the successful upgrade of the Peerless Kolkata property, the company eyes expansion through acquisitions or management contracts. With a focus on internal consolidation first, the 30-year-old company aims to rejuvenate existing properties over a two-year period. Collaborative ventures with partners are on the horizon to broaden market reach. Amid a post-Covid recovery and rebranding all city hotels as Peerless Hotels, the company anticipates a record-breaking fiscal year, with significant revenue growth underlining its success.Read more

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Bhutani Infra's Avenue 133 sets a new standard in Noida’s retail real estate landscape

Bhutani Infra's Avenue 133, the cutting-edge high-street mall in Noida Sector 133, has made history in the local real estate scene by selling all its retail spaces within a remarkable 12 hours of its grand launch. Situated strategically along the Noida-Greater Noida Expressway, Avenue 133 offers a mix of retail shops, wellness centres, office spaces, and a vibrant food court, aiming to be the longest high-street commercial project in Delhi NCR. With metro connectivity, modern facilities, and a diverse range of brands, its swift success reflects trust in Bhutani Infra's commitment to quality, innovation, and environmental responsibility.Read more

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Oyo's revives self-operated hotels with 200 premium 'Managed by Oyo' properties

Oyo has revived its self-operated hotels, now labelled 'Managed by Oyo,' seeking partnerships with real estate developers for 200 premium hotels across Indian metros. After closing its self-operated model in 2020, Oyo is re-entering the space, emphasizing a revenue-sharing basis for long-term management contracts. During the pilot phase, 30 realtors partnered, initiating operations in over 35 hotels across key cities. The program targets high-traffic metros and major tourist destinations, focusing on premium offerings like Townhouse. Oyo aims to create a mutually beneficial scenario for landlords, operators, and travellers, and hints at a potential increase beyond the initial 200 hotels.Read more

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Expansion plans unveiled by Breach Candy Hospital and Jaslok Hospital in Mumbai

Breach Candy and Jaslok hospitals in Mumbai are undergoing substantial expansions to meet rising patient demands. Breach Candy plans to operate from a new 11-storey building with upgraded facilities like ICUs, outpatient departments, and isolation wards, costing around Rs300 crores. Jaslok is reorganizing spaces for better patient movement, adding annexes with specialized units like ICUs and dialysis. Both hospitals aim to optimize functionality, improve fire safety, and create separate parking facilities. These initiatives reflect their commitment to evolving healthcare needs while ensuring top-notch care for patients in South Mumbai.Read more

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Wyndham Hotels brings Vienna House to India

Wyndham Hotels & Resorts is set to launch its European brand, Vienna House, in India by mid-next year, aiming for 100 hotels in the country by 2025. The move seeks to attract foreign tourists bound for India, leveraging the Wyndham Rewards program. The company, with over 5,333 operational rooms and 35 hotels under development in India, emphasises tier two and tier three cities for broader distribution. The strategy aligns with infrastructure development, focusing on religious and wellness tourism, including strategic locations at pilgrimage sites, highlighting a multifaceted approach for sustainable growth over the next five years.Read more

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Sarovar's Grand Expansion Plans: 70 new hotels, 5,000 rooms, and 6,000 jobs in 5 years

Sarovar Hotels & Resorts is embarking on a bold expansion plan, aiming to launch 70 new hotels across India and key international markets within the next five years, contributing around 5,000 rooms to its portfolio. With a current total of 105 hotels and approximately 7,500 keys, the hotel chain has already inaugurated properties in various Indian cities this year. Sarovar's strategic growth includes international ventures in Africa and Nepal, showcasing its commitment to catering to the escalating demand in the hospitality sector. The company plans to hire 6,000 employees to support this ambitious expansion, reinforcing its position in the competitive hotel industry.Read more

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Fortune Hotels expands its footprint in South India with the launch of Fortune Park Tiruppur

Fortune Hotels has entered southern India's textile powerhouse Tiruppur. The all-new Fortune Park Tiruppur, strategically nestled in the heart of the knitwear hub, is Fortune’s sixth in Tamil Nadu, amplifying the brand's presence in the region. The hotel epitomizes modern luxury, offering stylish rooms, eclectic dining experiences, and rejuvenating wellness facilities. Managed by KPK Hotels Private Limited, this alliance bridges Fortune's luxury hospitality with KPK's regional expertise. Fortune had recently unveiled two hotels in Tamil Nadu, and another one in Aligarh, Uttar Pradesh, as part of its expansion spree.Read more

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