2012 brings hope to Indian hospitality sector

26 Dec 2012 CW Team

The year 2012 brought a ray of hope for the Indian hospitality industry following rise in foreign tourist arrivals and domestic travellers in large numbers. The industry reeled under a downturn for almost two years before. Meanwhile, a slew of leading global hospitality chains announced big plans for India during the year.

Leading the pack was the InterContinental Hotels Group that has set a target of opening 150 hotels across India by 2020. Not to be left behind, US-based Starwood Hotels and Resorts is eyeing managing around 100 hotels in India by 2015. Similarly, the Wyndham Hotel Group is planning to open 35 hotels in India over the next five years.

Among the domestic players, Lalit Suri Hospitality Group announced an investment of nearly Rs 2,200 crore for expansion in luxury and mid-segment hotels in next five years -- both in India and abroad -- as it gears up for global competition. Likewise, the Leela Group made public its intention to set up hotels at Jaipur, Agra and Ashtamudi (Kerala) and Bangalore as part of an ongoing expansion in India.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..