🚀 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐇𝐨𝐬𝐩𝐢𝐭𝐚𝐥𝐢𝐭𝐲 𝐒𝐞𝐜𝐭𝐨𝐫 𝐁𝐨𝐨𝐦𝐬! 🌟 India's hospitality industry experienced a remarkable surge in 2023, with investments hitting a record $401 million—a nearly fourfold increase from the previous year. The JLL report highlights an unprecedented 25,176 hotel keys signed and 12,647 keys opened, particularly in Tier-II cities, which accounted for 54% of all signings. The first quarter of 2024 has shown an 80% year-on-year increase in hotel transaction volumes, reaching $78 million. At Draupnir Capital, an SBU of HMC focused on long-term investments in the Tourism, Hospitality, and Lifestyle sectors, we are committed to creating exceptional impact driven by success. -------------------------- 🌍 A strategic partner for global tourism and luxury hospitality success. 🤝We enhance profitability and brand premium through Sales & Revenue Management, Integrated Marketing Communications, Asset Management, Operational Excellence and Learning & Development. To know more: www.hmcenterprise.com #HMC #DraupnirCapital #Sustainability #PrivateEquity #InvestmentStrategy #Growth #Entrepreneurship #BusinessAdvisory #VentureSupport #StartupSuccess #BusinessStrategy #FinancialAdvisory #MarketDynamics #FundingSolutions #SustainableInvestment #GrowthCapital #BusinessDevelopment #Hospitality #Investment #Tourism #HotelDevelopment #IndiaTravel #GrowthInvestment
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India's hospitality sector attracts $93 million in investments in the first half of 2024, fueled by rising demand in Tier II & III cities, strong growth in the upscale and mid-scale segments, and increasing investor confidence. For more information, follow the link: https://lnkd.in/gNJXx_Py #therealtytoday #therealtytodaynews #therealtytodayupdates #IndianHospitality #HospitalityInvestments #GreenfieldProjects #HotelSignings #InvestorConfidence #EmergingMarkets #HospitalityGrowth #InvestmentTrends #HotelTransactions #IndiaRealEstate #RealEstateTrends #RealtyIndustry #RealEstateIndustryNews #LatestRealEstateNews
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India's hospitality sector is booming, with a surge in investments in 2023 ($401 million, JLL India) but managing hotels remains complex due to high opex and dynamic market conditions. In my previous blog, I categorized hotel investors into two groups: 1. Aspirational Investors: Driven by the allure of luxury hotels or past business success, they may underestimate the hospitality industry's challenges. 2. Real Estate Investors: Focused on ROI, they may lack operational expertise to maximize returns. Curio Capital is bridging this gap by creating a hospitality fractional ownership and asset management model. We aim to: • Simplify hospitality investments for a broader audience. • Make hospitality ownership a viable option for everyone's portfolio. • Partner with experienced operators to ensure operational excellence. Our vision is to become India's first Hospitality #SM #REIT offering investors a secure and professionally managed entry into this exciting asset. Currently in our 1st phase we are focused on boutique luxury holiday homes & farmhouses, with an opportunity in #Goa going live in a week. Stay tuned to know what exciting opportunities we have in pipeline for phase 2, which will focus on another asset within the hospitality industry. Got clicked at the iconic Rambagh Palace Taj Hotels The Indian Hotels Company Limited (IHCL) #Hospitality #Luxury #SMREIT #Fractionalownership #Holidayhomes #FnB #Hotels #Investments
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🌟 From Survival to Success: The Hospitality Industry’s Amazing Comeback! 🌟 The pandemic was a tough time for the global and Indian hospitality industry. Revenues dropped, hotels closed, and travel came to a halt. But now, the industry is bouncing back stronger than ever! 🌏 A Global Comeback (1) Occupancy on the rise: Many global markets now have occupancy rates above 70%, thanks to “revenge travel” and pent-up demand. (2) Revenues recovering: Experts predict global revenues will exceed pre-pandemic levels by 2025. India’s Hospitality Renaissance The Indian hospitality sector has shown incredible resilience: (1) Before the pandemic: Valued at ₹80,000 crore in FY20. (2) During the pandemic: Losses of up to ₹90,000 crore, with hotel occupancies hitting a low of 15%. (3) After the pandemic: Occupancy rates have climbed to 65–75%, and revenues are skyrocketing. Even more exciting thing is that several big players are making headlines with IPOs that reflect investor confidence and a brighter future. 💸IPOs Driving Growth💸 Recent and upcoming IPOs are a testament to the industry’s reinvention: (1) Schloss Bangalore (The Leela Hotels): Filed for a ₹50 billion ($599 million) IPO. (2) Ventive Hospitality: Raised ₹1,600 crore with massive oversubscription (9.82 times!). Brigade Hotels: Part of an ₹8,000 crore IPO pipeline, focusing on mid-tier luxury. (3) ITC Hotels: Planning a demerger and IPO as part of a bold restructuring move. These IPOs go beyond just raising funds they aim to support new technology, sustainability initiatives, innovative growth models & repayment of Debt. 🎉 A Smarter Future for Hospitality Here’s what we can expect from the industry: ✨ Personalized services powered by data 🌱 Eco-friendly practices to attract conscious travelers 📈 Tech innovations that make stays more convenient The hospitality industry isn’t just recovering it’s redefining itself for the future! #Hospitality #Travel #Comeback #Growth #Innovation
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Investments in India's hospitality industry to exceed $2.3 billion India’s hospitality industry is expected to see investments surpass US$2.3 billion over the next two to five years, according to a report by CBRE South Asia. The sector is expected to see over US$400 million in investment during 2020-23, with the addition of around 12,000 rooms in 2023 and a compound annual growth rate of 3.3 percent by 2025. The report also predicts that demand recovery will outpace supply, benefiting key performance metrics such as occupancy rate and revenue per available room. #IndiaHospitality #InvestmentInIndia #HotelIndustry #HospitalityGrowth #HotelInvestments #TravelIndustry #TourismIndia #HospitalityTrends #HotelDevelopment #OccupancyRates
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Indian Hospitality Investment in 2024: A Year of Strong Growth and Positive Outlook #IndianHospitality #HotelInvestment #HospitalityGrowth2024 #RealEstateInvestments #InfrastructureDevelopment #CommercialMarketExpansion #HospitalitySectorIndia #HotelDevelopment #TravelAndTourismIndia #InvestmentOpportunitiesIndia
Indian Hospitality Investment in 2024: A Year of Strong Growth and Positive Outlook #IndianHospitality #HotelInvestment #HospitalityGrowth2024 #RealEstateInvestments #InfrastructureDevelopment #CommercialMarketExpansion #HospitalitySectorIndia #HotelDevelopment #TravelAndTourismIndia #InvestmentOpportunitiesIndia
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Engaging Panel Discussion on 'Sustaining Business Growth in India: Rewards and Challenges' at #ETHWHotelConclave 2024. Experts share insights on navigating the dynamic landscape of Indian hospitality. Key Takeaways: Arun Kumar, Market Vice President – North India, Nepal, Bhutan, Marriott International Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts "While it will take time for owners and developers to get around completely on ESG investments, in general there is no resistance as such which is encouraging." Jatin Khanna, CEO, Sarovar Hotels & Resorts "New technology is capex heavy. It's easy to convince and incorporate the new technology into Greenfield hotels, but retrofitting is a major challenge still as owners are still not convinced about RoI." Samir MC, Managing Director, Fortune Park Hotels Ltd Vikramjit Singh, CMD, Alivaa Hotels & Resorts (Moderator) Know More: https://bit.ly/3V4PZVn #ETHospitalityWorld #HospitalityIndustry #Summit #EconomicTimes #Development #Innovation #industryleaders
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#Shareables: #Hyatt Completes Acquisition of Standard International and Its Iconic Hotel Brands, The Standard and Bunkhouse Hotels Business Wire India Hyatt Hotels Corporation (NYSE: H) today announced the completed acquisition of the brands and most of the affiliates ofpioneering lifestyle hospitality company Standard International, parent company of The Standard and Bunkhouse Hotels brands. This acquisition enhances Hyatt’s leading position in the industry’s premier lifestyle segment, building on both Hyatt’s organic growth and a series of acquisitions that quintupled the number of lifestyle rooms in Hyatt’s global portfolio between 2017 and 2023. This press release features multimedia. View the full release here: https://lnkd.in/dzQ_drsR The Manner, SoHo in New York (Photo: Business Wire) The 100% asset-light portfolio […] - https://lnkd.in/dyzgAaZd 𝗖𝗹𝗶𝗰𝗸 𝘁𝗼 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗙𝗮𝘀𝘁𝗲𝘀𝘁 𝗚𝗿𝗼𝘄𝗶𝗻𝗴 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 - https://lnkd.in/gsYmD_BZ #IndianConventions #TaleesRizvi #News #Awards #Conferences #India #HR #Marketing #Finance #StartUp #Business #B2B #B2C #C2C #D2C #leadership #Management #HumanResources #Healthcare
Hyatt Completes Acquisition of Standard International and Its Iconic Hotel Brands, The Standard and Bunkhouse Hotels
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Indian Hospitality Investment in 2024: A Year of Strong Growth and Positive Outlook #IndianHospitality #HotelInvestment #HospitalityGrowth2024 #RealEstateInvestments #InfrastructureDevelopment #CommercialMarketExpansion #HospitalitySectorIndia #HotelDevelopment #TravelAndTourismIndia #InvestmentOpportunitiesIndia
Indian Hospitality Investment in 2024: A Year of Strong Growth and Positive Outlook | FinBrook
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India's hospitality sector saw a record investment of $401 million in the financial year 2023, nearly a fourfold increase from the previous year, according to a new report by JLL. The sector has been witnessing a significant surge since 2023, with a record number of hotel signings and openings — 25,176 keys signed and 12,647 keys opened, stated the report titled 'Hotel Investment Trends - India 2023'. "There is an increasing interest in hotel development activity in Tier-II cities, with 54 per cent of the total signings taking place in these locations," it said. The year also achieved a significant milestone of 22 hotel transactions, which is the largest number of assets traded in the last decade, added the report. Greenfield projects in the year, totalling approximately 13,600 keys, also surpassed the 2022 numbers of 8,000 keys, showcasing the hotel developers' confidence in the long-term potential of the sector. Three hotel companies also successfully debuted on the bourses in the year gone by. High Net Worth Individuals (HNIs) and Institutional Capital played a major role in hotel investment activity during 2023, accounting for its largest share at 31 per cent, while real estate developers accounted for 27 per cent, followed by owner operations at 11 per cent. "The year 2023 has been a record year not only in terms of hotel investments but also in terms of new branded hotel openings and signings. Furthermore, 2024 has started with strong tailwinds as we saw prominent hotel deals early on in this year," said Jaideep Dang, managing director, Hotels and Hospitality Group, India, JLL. The first quarter of 2024 has witnessed an 80 per cent year-on-year increase in hotel transaction volumes, reaching $78 million, the report further said. #hospitality #travel #economy #growth #revenuetrends
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The Indian hospitality sector has taken the biggest step with ₹2000 crore. I believe India has always been known for its warm hospitality, where guests are treated like gods. And this tradition continues to shine today, with the country's hospitality sector growing rapidly. Ventive Hospitality, a joint venture between Panchshil Realty and Blackstone, is set to take the next big step with a Rs. 2,000 crore IPO. Ventive manages 17 assets, including 13 hotels and 4 mixed-use properties. They plan to use the IPO funds to expand their portfolio, including new luxury hotels in India and abroad. Additionally, with a portfolio featuring brands like Marriott and Ritz-Carlton, Ventive is already India’s third-largest hospitality platform by earnings. They are setting the stage for even greater milestones with their upcoming projects and expansion plans, promising a strong future for Indian hospitality. I believe the question now is: how will this shape the next era of luxury and innovation in hospitality?
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