Sarovar Hotels Taps Branded Residences And Targets Over 400 Hotels
Sarovar Hotels and Resorts (Sarovar) plans to tap branded residences as part of a strategic expansion that aims to take its portfolio to over 400 hotels in five years. The company intends to leverage brand licensing and management contracts to accelerate growth while maintaining an asset light approach. The move is positioned as an extension of its hospitality offerings into residential developments linked to its hotel brands. It will seek partnerships with property developers to co-create projects that align with its service standards and operational model. The company views branded residence..
Hyatt Eyes Aggressive India Expansion Through Acquisitions
Hyatt is pursuing an aggressive expansion strategy in India centred on acquisitions and strategic partnerships as it seeks to deepen its presence across the country. The group is reported to be evaluating a range of assets from established hotels to development sites in major and emerging markets. The plan is aimed at accelerating room growth and capturing rising demand across domestic and inbound travel segments. The company is said to favour a mix of asset acquisitions and management agreements to maintain flexibility while scaling. It is focusing on both gateway cities and secondary leisure..
Greater Noida West Housing Project To Be Revived
Local authorities have approved a plan to revive a stalled housing project in Greater Noida West, officials said, after prolonged delays left many homebuyers waiting for possession. The decision follows reviews of construction progress, financial viability and regulatory compliance, and the restart is to be overseen by a dedicated monitoring team. The revival plan aims to address unfinished work and restore contractor activity while ensuring that construction standards are met. Homebuyers are to be kept informed of timelines and milestones. The developer has been required to submit a revised p..
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