JLL India Appoints Gaurav Sharma to Lead Hotels & Hospitality

04 Nov 2025 CW Team

Based in Delhi, he will report to Nihat Ercan, CEO, JLL Hotels & Hospitality Group, Asia Pacific. Sharma’s appointment marks his return to JLL, where he previously led Capital Markets for North India (2006–2012). His leadership comes as India’s hospitality sector experiences strong momentum driven by rising occupancy rates, RevPAR growth, and expanding investments.

According to JLL’s analysis, the Indian hotel industry saw a 10.5 per cent year-on-year rise in RevPAR as of September 2025, supported by 182 hotel signings totalling 22,469 keys in the first half of the year—a 16 per cent increase from 2024. The market’s growth is led by Tier 2 and Tier 3 cities, with investment volumes forecast to reach USD 450 million in 2025 and USD 1 billion by 2028.

“Gaurav’s appointment reinforces JLL’s commitment to strengthening our hospitality expertise in India,” said Nihat Ercan. “His deep understanding of domestic and international markets, combined with strong transaction experience, positions him perfectly to guide our clients in this dynamic sector.”

Sharma brings nearly 20 years of experience in real estate, asset management, and hospitality investment, having led strategic acquisitions and portfolio turnarounds. Before rejoining JLL, he served as Vice President – Real Estate, Head Asset Management and M&A at The Indian Hotels Company (IHCL), and earlier as Vice President – Head of Investments at SAMHI Hotels, where he played a key role in building SAMHI’s hotel portfolio.

“I am delighted to return to JLL and lead our hospitality practice during this exciting phase of growth,” said Gaurav Sharma. “India’s hotel sector is poised for transformation, and we aim to deliver strategic value to clients while driving sustainable expansion.”

Mumbai, 3 November 2025: JLL India, the country’s leading real estate professional services firm, has appointed Gaurav Sharma as Head of Hotels & Hospitality Group for India and Senior Director, Hotel Capital Markets, Asia. In this strategic role, Sharma will spearhead JLL’s hospitality business in India, leveraging two decades of experience in real estate investment and hotel transactions. Based in Delhi, he will report to Nihat Ercan, CEO, JLL Hotels & Hospitality Group, Asia Pacific. Sharma’s appointment marks his return to JLL, where he previously led Capital Markets for North India (2006–2012). His leadership comes as India’s hospitality sector experiences strong momentum driven by rising occupancy rates, RevPAR growth, and expanding investments. According to JLL’s analysis, the Indian hotel industry saw a 10.5 per cent year-on-year rise in RevPAR as of September 2025, supported by 182 hotel signings totalling 22,469 keys in the first half of the year—a 16 per cent increase from 2024. The market’s growth is led by Tier 2 and Tier 3 cities, with investment volumes forecast to reach USD 450 million in 2025 and USD 1 billion by 2028. “Gaurav’s appointment reinforces JLL’s commitment to strengthening our hospitality expertise in India,” said Nihat Ercan. “His deep understanding of domestic and international markets, combined with strong transaction experience, positions him perfectly to guide our clients in this dynamic sector.” Sharma brings nearly 20 years of experience in real estate, asset management, and hospitality investment, having led strategic acquisitions and portfolio turnarounds. Before rejoining JLL, he served as Vice President – Real Estate, Head Asset Management and M&A at The Indian Hotels Company (IHCL), and earlier as Vice President – Head of Investments at SAMHI Hotels, where he played a key role in building SAMHI’s hotel portfolio. “I am delighted to return to JLL and lead our hospitality practice during this exciting phase of growth,” said Gaurav Sharma. “India’s hotel sector is poised for transformation, and we aim to deliver strategic value to clients while driving sustainable expansion.”

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..