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Cygnett Hotels & Resorts charts expansion to surpass 10,000 keys by 2031

Cygnett Hotels & Resorts charts expansion to surpass 10,000 keys by 2031

Cygnett Hotels & Resorts has unveiled its strategic roadmap for 2027–2028, outlining plans to accelerate hotel development, strengthen profitability and expand its presence across India and South Asia. The announcement comes as the hospitality group completes 12 years of operations and hosts THRIVE 2026, its 9th Annual General Managers' Conclave, on October 29–30 at Cygnett Collection, Gurugram.

IHCL signs 100-key Ginger hotel in Prayagraj

IHCL signs 100-key Ginger hotel in Prayagraj

Indian Hotels Company (IHCL) announced the signing of a Ginger hotel in Prayagraj, Uttar Pradesh, through an operating lease agreement.  The 100-key Ginger Prayagraj, a greenfield project, designed to meet the needs of today’s traveller. The hotel features spacious rooms aligning to the brand’s Lean Luxe philosophy, complemented by Qmin, Ginger’s signature all-day dining restaurant...

European Commission unveils new strategy to boost sustainable tourism across EU

European Commission unveils new strategy to boost sustainable tourism across EU

The European Commission presented a new EU Sustainable Tourism Strategy, on November 4, to increase the sector’s competitiveness, sustainability and resilience. The strategy will help businesses grow and workers build skills; it will support destinations in developing a balanced tourism offer; and it will improve travellers’ experiences and maintain Europe as the world’s leading...

Ryanair to launch Shannon to Milan Bergamo operations from March 2027

Ryanair to launch Shannon to Milan Bergamo operations from March 2027

Ahead of the airline’s full Summer 2027 schedule launch in the coming months, Ryanair on November 4 revealed its new Summer 2027 route from Shannon to Milan Bergamo. This new service will strengthen Ryanair’s growing Shannon network, providing Irish customers with direct access to one of Italy’s most vibrant destinations. From Milan’s world-famous fashion and culinary scene to the...

Sterling records Q2 revenue of INR 1,272 mn, up 17% YoY

Sterling records Q2 revenue of INR 1,272 mn, up 17% YoY

Sterling Holiday Resorts Limited (SHRL) recorded its 27th consecutive profitable quarter and delivering record Q2 revenue of INR 1,272 million, up 17% year-on-year, despite the quarter traditionally being the weakest in the hospitality calendar. Q2 EBITDA stood at INR 289 million, while occupancy improved to 60%, ARR increased 12% to INR 6,494 & Total RevPAR grew 12%...

Aranyak Resorts announces major expansion across Madhya Pradesh’s wildlife, riverside, & urban hubs

Aranyak Resorts announces major expansion across Madhya Pradesh’s wildlife, riverside, & urban hubs

Campfire Hotels & Resorts Pvt. Ltd. expands its hospitality footprint under the Aranyak Resorts brand, with new projects planned across wildlife destinations, riverside locations and key urban centres. Bhopal, Madhya Pradesh, Campfire Hotels & Resorts Pvt. Ltd., operating under its established hospitality brand Aranyak Resorts, is embarking on an expansion program, strengthening its...

Summit Hotels records 162% growth in net operating profit in H1 FY 2026–27

Summit Hotels records 162% growth in net operating profit in H1 FY 2026–27

Summit Hotels & Resorts has reported a 162% year-on-year increase in net operating profit for the first half of FY 2026–27 (April–September 2026), significantly outpacing its 14% revenue growth during the period. Gross operating profit rose 41%, reflecting improved operating efficiencies, stronger revenue management and cost discipline across its leisure hospitality portfolio...