Vendor News

Real estate developers emerged as dominant investors, commanding 58 percent of transaction volumes in a major shift from HNI-led activity. Tier II and III cities captured 60 percent of investments, reflecting fundamental geographical rebalancing away from traditional metros while IBC-led distressed asset transactions generated $288 million, representing 58 percent of H1 2026 transaction activity, said the report.Real estate developers emerged as dominant investors, commanding 58 percent of transaction volumes in a major shift from HNI-led activity. Tier II and III cities captured 60 percent of investments, reflecting fundamental geographical rebalancing away from traditional metros while IBC-led distressed asset transactions generated...

In his new role, Singh will oversee the group’s HR function, working with corporate and property teams to strengthen recruitment, talent development, performance management, employee engagement and HR systems. A key part of his mandate will be building consistent people practices across the organisation as Black Rock expands its hotel portfolio and workforce, said a release.In his new role, Singh will oversee the group’s HR function, working with corporate and property teams to strengthen recruitment, talent development, performance management, employee engagement and HR systems. A key part of his mandate will be building consistent people practices across the organisation as...

Strategically located close to Gurugram’s key commercial districts, technology hubs, and healthcare centres, ALIVAA Millennium City Centre is designed to cater to the evolving needs of today’s business and leisure travellers. With contemporary accommodation, modern dining facilities, and versatile event spaces, the property combines comfort, convenience, and efficient hospitality in one of the National Capital Region’s most dynamic urban destinations, said a release.Strategically located close to Gurugram’s key commercial districts, technology hubs, and healthcare centres, ALIVAA Millennium City Centre is designed to cater to the evolving needs of today’s business and leisure travellers. With contemporary accommodation, modern dining facilities, and...

Boasting of 19 indulgent cottages, suites and villas, Sterling Leopard Haven Jawai has been designed as an intimate retreat. Set near Bera amid Jawai’s distinctive granite terrain, the resort gives travellers a base to explore one of India’s most unusual wildlife landscapes — where leopards move through rocky outcrops and caves rather than dense forests, said a release.Boasting of 19 indulgent cottages, suites and villas, Sterling Leopard Haven Jawai has been designed as an intimate retreat. Set near Bera amid Jawai’s distinctive granite terrain, the resort gives travellers a base to explore one of India’s most unusual wildlife landscapes —...

Iceland’s largest hotel group consolidates direct booking and GDS connectivity across 18 properties onto Aven’s SynXis-based platform, adding Booking Engine, Corporate/Agent Tool, and GDS Distribution.Iceland’s largest hotel group consolidates direct booking and GDS connectivity across 18 properties onto Aven’s SynXis-based platform, adding Booking Engine, Corporate/Agent Tool, and GDS Distribution. 

Viceroy’s new multi-destination campaign features 10 local makers across Chicago, St. Lucia, Algarve, Sun Valley, and New York, with bookable immersive experiences tied to each property.Viceroy’s new multi-destination campaign features 10 local makers across Chicago, St. Lucia, Algarve, Sun Valley, and New York, with bookable immersive experiences tied to each property. 

Operating revenue grew 33 percent YoY to Rs 411.9 crore, while operating EBITDA increased 36 percent to Rs 187.7 crore and profit for the period rose 27 percent to Rs 94.6 crore. Operating EBITDA margin stood at 46 percent in Q2 FY27, up 118 bps YoY, said a company release.Operating revenue grew 33 percent YoY to Rs 411.9 crore, while operating EBITDA increased 36 percent to Rs 187.7 crore and profit for the period rose 27 percent to Rs 94.6 crore. Operating EBITDA margin stood at 46 percent in Q2 FY27, up 118 bps YoY, said a company release. 

h2c’s 2026 global study finds AI is used at 91% of hotel chains, but only 28% have a senior-led strategy and just 13% report measurable ROI.h2c’s 2026 global study finds AI is used at 91% of hotel chains, but only 28% have a senior-led strategy and just 13% report measurable ROI. 

Maestro PMS argues that hoteliers should use the holiday season to build long-term guest relationships by connecting departmental data, rather than focusing solely on seasonal room revenue.Maestro PMS argues that hoteliers should use the holiday season to build long-term guest relationships by connecting departmental data, rather than focusing solely on seasonal room revenue.