Dusit and Minor Hotels in Thailand, Kerzner in the UAE, the Maldives ambience hotels and resorts, and the Mandarin Oriental in Hong Kong explores India locations, while larger chains such as Accor, IHG and Hilton are planning to debut with plans such as the Manuscript Series, Vignette Collection, Vignette Collection, Hampton and Signia in Countria.
Minor Hotels plans to expand its Anantara, Avani, NH Hotels and NH Collection in India and add 50 hotels in the country by 2035. Dusit has softly launched Shimla’s Dusit D2Fagu Hotel.
New-age brands attract young travelers
“New-age brands built around experience-driven accommodation are attracting attention among millennials and Gen Z travelers who prioritize unique and personalized products over traditional hospitality,” said Achin Khanna, a strategic consultancy for the hotel business company.
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“At the same time, developers also recognize the value of investing in unique hotel concepts that have moved away from traditional models that allow them to take advantage of this growing demand,” he said.
Khanna said the country had earlier brands but had smaller operations in the country, adding that UAE-based Kerzner could bring its “rare discovery” brand to India, while France’s major ACCOR is expected to bring its handwritten collection brand, while IHG will focus on the 2021 announcement of Voco and Vignette Collection.
Room supply and strategic expansion
According to the hotel, by 2030, the number of hotel rooms is expected to increase to about 300,000 in fiscal 24. With the signing of agreements in cities and cities, India is becoming a key battlefield for entertaining heavyweights around the world.
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According to atmospheric hotels and resorts, 17 properties have been added in India and there are much more opportunities now than they did in the past decade. Its upcoming developments include developments in Kolkata, Bangalore, Goa, Guwahati, Jaipur, Gurugram and Darjeeling.
Cyrus Madan, senior vice president of business development, said that while the atmosphere is a relatively new brand in India, its expertise in luxury resorts in the Maldives has laid a solid foundation for its Indian expansion. The atmosphere runs brands like the Ozen series.
“People have more rest time than before, so India has become a very compelling story. Although we are a new brand here, we are a 10-year-old professional resort brand in the Maldives known for luxury. Now is the time for India.” The company has opened its first Indian property in Bhopal and has a pipeline of 17 properties and plans to open 3 properties for this calendar year.
“We are experiencing a strong momentum, especially in luxury resorts and lifestyle city hotels, which will be our focus,” Madan added.
New interests arise when operators want to capitalize on changing demand, and developers bet on a wider range of products outside of traditional hotel formats.
Luxury Player Eyes India’s evolving hotel landscape
The luxury hotel chain Mandarin Oriental, headquartered in Hong Kong, is exploring opportunities to enter India. “Indian consumers are now familiar with a wide range of hotel brands and the wedding field remains a strong driver of business,” he said.
When contacted, Mandarin representatives said they were constantly reviewing opportunities to expand their portfolios in “new exciting destinations” around the world, including India.
last year, Mint The report said the Kempiski Hotel, which left India a decade ago, was eager to re-enter the country. “If we had a good destination in India, it would be great for us because Indian travelers became very important to hotel companies. When we were in India with Leela ten years ago, we would still be remembered.”
“The key question now is whether the market is large enough to sustain mainstream hotel brands and their lifestyle-focused peers. But given the diverse consumer preferences of the hotel industry, we believe there is enough room for cohabitation and thriving.”
