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More in Hospitality

  • ITC Hotels net profit up 36% at ₹181.91 crore; to acquire GHK Hospitality & Infrastructures

    ITC Hotels reported a thirty-six percent profit increase for the first quarter. Consolidated revenue from operations also saw a rise compared to the previous year. The company announced the acquisition of GHK Hospitality & Infrastructures Ltd for one hundred fifty-five crore. This acquisition will expand ITC Hotels' owned-asset portfolio in Ahmedabad. The hotel business revenue grew while the new residences vertical also contributed.

    itc hotels net profit up 36 at 181 91 crore to acquire ghk hospitality infrastructures
  • Karnataka high court upholds uniform property tax for five-star hotels

    Karnataka High Court upheld a uniform property tax for all five-star hotels. The court ruled these hotels form a distinct category for taxation purposes. This decision dismissed an appeal challenging the uniform levy across Bengaluru. The bench found no violation of constitutional equality principles. Limited relief was granted regarding penalty representation timelines.

    karnataka high court upholds uniform property tax for five star hotels
  • Ahmedabad hotel opens its basements for public parking, to get ₹26 lakh property tax relief

    A hotel in Ahmedabad's Sola area is offering its 8,300 sq m parking space to the public for free, potentially saving Rs 26 lakh annually in property tax. This initiative, part of AMC's Comprehensive Policy 2026, encourages commercial establishments to open their parking facilities to ease traffic congestion and improve road safety. The hotel's basements can accommodate 150 cars and 50 two-wheelers, with real-time updates via the AMDAPARK app.

    ahmedabad hotel opens its basements for public parking to get 26 lakh property tax relief
  • Omaxe plans ₹6,200 crore investment to develop 19 hotels

    Omaxe plans to develop 19 hotels across 13 cities in five states over the next four-five years. The proposed hospitality portfolio will cover nearly five million sq ft and will be developed across urban centres, pilgrimage destinations and transit corridors.

    omaxe plans 6 200 crore investment to develop 19 hotels
  • Chandigarh allows bed & breakfasts in residential areas

    Chandigarh's residential sectors are set for a transformation as the administration permits Bed & Breakfast (BnB) operations in large homes. Eligible houses, at least 500 square yards, can now host tourists under a new tourism department policy. This move, however, faces strong opposition from residents concerned about commercialization, increased traffic, and noise. Officials aim to boost tourism and homeowner income, learning from a previous failed 2008 scheme.

    chandigarh allows bed breakfasts in residential areas
  • Karnataka high court to government: Formulate full-scale homestay policy

    The Karnataka High Court has urged the tourism department to develop a comprehensive policy for homestays, following an incident of alleged assault in Kodagu. The court emphasized the need for clear regulations covering tourist safety, food and fire safety, building compliance, and guest security to enhance confidence in the state as a destination.

    karnataka high court to government formulate full scale homestay policy
  • Himalia Prime Assets acquires eco-resort near Bengaluru for ₹25 crore

    Himalia Prime Assets has acquired Our Native Village Eco Resort near Bengaluru for Rs 25 crore. The company plans to invest another Rs 25 crore over two years to upgrade the property. This acquisition brings Himalia's hospitality portfolio to three resorts. The resort will be managed by Niraamaya Life. Future expansion will increase inventory from 24 to 40 keys.

    himalia prime assets acquires eco resort near bengaluru for 25 crore
  • Residency Hotels to invest ₹600 crore in three new luxury hotels

    The Residency Hotels is injecting Rs 600 crore into expanding its footprint across South India with three new luxury properties, aiming to add 450-500 rooms. This significant investment follows the recent launch of a Rs 450 crore hotel in Madurai and ongoing development of two hotels in Mysuru and a second Maldives resort slated for 2027.

    residency hotels to invest 600 crore in three new luxury hotels
  • Over 75 hotels in Gaya do not meet fire safety norms

    A fire safety audit in Gaya district has revealed that 76 hotels and six hospitals are not meeting minimum fire safety requirements, with 42 others ignoring basic norms. Notices have been issued, demanding rectification within a week, or establishments risk facing severe measures like sealing of premises.

    over 75 hotels in gaya do not meet fire safety norms
  • Lucknow: Fire department issues notices to 20 hotels for fire safety violations

    Lucknow's fire department has issued notices to twenty hotels and restaurants following a citywide inspection. Twelve establishments have been given forty-five days to fix structural deficiencies. The inspections revealed critical gaps in emergency exits, staircases, and firefighting systems. Officials are emphasizing public safety and will take strict action against persistent violations.

    lucknow fire department issues notices to 20 hotels for fire safety violations
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