The investment forms part of the company’s broader growth strategy aimed at strengthening its presence in key markets across southern India. The Residency Hotels will develop the upcoming hotels in Tier I, Tier II, and Tier III cities and add between 450 and 500 rooms to its portfolio.

Speaking about the expansion plans, Rohit Ravi, managing director of The Residency Hotels, said, “An investment of about Rs 500 crore to Rs 600 crore has been earmarked for developing properties in new locations where we currently do not have a presence. The hotels will be located in Tier I, II, and III cities across South India and will collectively add 450-500 rooms.”

The Residency Hotels operates as the hospitality arm of Chennai-headquartered Appaswamy Real Estates. The group currently manages eight hotels across Tamil Nadu and Puducherry, including properties in Chennai, Coimbatore, Karur, and Rameswaram.

Furthermore, the company recently strengthened its luxury hospitality portfolio by launching The Residency Signature, a luxury hotel-cum-convention centre in Madurai. With an investment of approximately Rs 450 crore, the group developed the 191-key property to capitalize on the growing demand for premium hospitality experiences in the region. Additionally, the hotel aims to attract leisure travelers, business guests, destination weddings, and MICE events, further enhancing the company’s presence in the luxury hospitality segment.

Moreover, Ravi said the Madurai property is strategically positioned to capitalize on the growing opportunities in destination weddings, meetings, incentives, conferences, and exhibitions (MICE) tourism. At the same time, the hotel aims to benefit from the rapid industrial growth taking place across southern Tamil Nadu, creating additional demand from business travelers and corporate events.

Highlighting the region’s tourism and business potential, Ravi said, “About one lakh to 1.5 lakh foreign tourists visit Madurai every year. Moreover, rapid industrialisation is taking place in Virudhunagar and Thoothukudi districts, including shipping-related projects, creating tremendous business opportunities for us. We will also introduce two robots for restaurant services at the Madurai property.”

The company also continues to strengthen its international presence through its Maldives expansion plans. The Residency Hotels has partnered with Marriott to manage its second luxury property in the island nation. The upcoming resort will feature between 90 and 100 villas and aims to attract premium leisure travelers from global markets.

Providing an update on the project, Ravi said, “The property, which is currently under construction, will be inaugurated in 2027.”

The latest investments underscore The Residency Hotels’ confidence in the long-term growth potential of India’s hospitality sector. Rising domestic tourism, increasing demand for luxury accommodations, expanding MICE activities, and infrastructure-led economic development across emerging cities continue to create new opportunities for hotel operators.

By expanding into untapped markets while strengthening its luxury and international portfolio, The Residency Hotels aims to establish a stronger presence in high-growth destinations and capitalize on evolving travel trends across India and overseas markets.

Located in the Eastern Himalayas, Kalimpong offers a cool climate, showcases colonial-era charm, and provides panoramic views of the Kangchenjunga range. Consequently, the destination continues to attract steady demand from weekend travellers and holidaymakers seeking alternatives to more saturated hill stations. Moreover, its proximity to established tourism circuits further enhances its appeal, positioning Kalimpong as an emerging premium destination for experiential and nature-led travel.

“Kalimpong represents a compelling opportunity as an underpenetrated leisure market with strong long-term potential. Being the first internationally branded hotel in the destination reflects our consistent first-mover strategy of entering emerging markets early and shaping their hospitality landscape with trusted global brands. It will further strengthen our footprint in Eastern India while reinforcing our commitment to bringing globally recognised hospitality brands to new tourism markets across the country,” said Nikhil Sharma, Managing Director and Chief Operating Officer, South Asia, Radisson Hotel Group.

Radisson Resort Kalimpong will offer uninterrupted views of the Kangchenjunga range. Additionally, the resort will feature 100 guest rooms, including 90 standard rooms and 10 suites. It will also include contemporary dining options such as an all-day dining restaurant and a tea lounge. Furthermore, the property will provide extensive meeting and event facilities, including a banquet hall, conference room, business lounge, and multiple meeting rooms, making it suitable for corporate retreats, social gatherings, and destination weddings. To enhance the overall guest experience, the resort will also include a spa, a fitness center, and an infinity swimming pool, thereby delivering a balanced mix of leisure, wellness, and business amenities.

“Radisson Resort Kalimpong affirms successful implementation of our strategy to establish Radisson Hotel Group as a leading hospitality chain in Eastern and North Eastern states of India. This resort, at an advanced stage of construction, is a strong opportunity to establish a premium branded resort in a destination with exceptional natural appeal and limited branded competition. The elevated site, combined with comprehensive MICE and wellness facilities, enables us to create a well-rounded resort product that can cater to leisure travelers, weddings, and corporate off-sites. We see strong long-term value in this market and look forward to developing a landmark property that blends international standards with the distinctive character of the Eastern Himalayas,” said Davashish Srivastava, Senior Director, Development, South Asia, Radisson Hotel Group.

In addition, the development partner expressed confidence in the collaboration. “This partnership with Radisson Hotel Group marks an important milestone for our project in Kalimpong. The destination has long been admired for its natural beauty but has lacked a globally branded hospitality offering. By collaborating with an internationally recognised brand, we aim to create a resort that will elevate the tourism landscape of Kalimpong while offering world-class service and facilities to travellers. We are confident that Radisson Resort Kalimpong will emerge as a preferred destination for leisure stays, weddings, and corporate retreats, and we look forward to a long and successful association with the Group,” said Rohit Gupta, Director, Gajbadan Tradewing Private Limited.

Radisson Hotel Group is strategically entering Kalimpong to capitalize on the region’s rising leisure demand and limited branded hospitality presence. By leveraging its first-mover advantage and focusing on experiential travel, the Group can shape the destination’s hospitality landscape while strengthening its leadership in Eastern India.

Nestled in the tranquil Himalayan foothills near Nainital, Amaraya Resort offers a serene and intimate escape spread across 2.5 acres of beautifully terraced orchards. Moreover, the retreat aligns with the Araiya Anthology philosophy by offering just 11 thoughtfully designed suites. Each suite integrates seamlessly with the surrounding natural landscape, providing panoramic mountain views, ample natural light, and a fluid connection between refined interiors and the outdoors. As a result, guests can experience both luxury and tranquility in equal measure.

In addition, the resort curates immersive and sensory-rich experiences for its guests. From bespoke culinary offerings at signature dining venues to wellness rituals such as sunrise yoga and guided meditation, Amaraya ensures a holistic retreat. Furthermore, adventure seekers can explore the rugged Himalayan terrain through private guided treks and authentic local interactions. Whether guests choose to enjoy a peaceful morning tea overlooking the mountains or celebrate under a starlit sky, the resort consistently delivers on Araiya’s experiential luxury promise.

“Quote from the founder of Araiya Hotels and Resorts—At Araiya, we are drawn to places that evoke something deeper, where landscape and emotion intersect. As part of the Araiya Anthology—a collection of stories shaped by place—Amaraya near Tagore Top, Nainital, reflects our belief in creating spaces that are not just destinations but experiences of pause, reflection, and connection. The design is intentionally understated, with thoughtful interventions, natural light filtering through skylights, warmth underfoot, and materials that respond to the mountain climate, coming together to create a sense of effortless comfort.”

Ultimately, this signing reinforces Araiya’s commitment to expanding its footprint through distinctive properties that prioritize design, location, and meaningful guest experiences.

Araiya Hotels & Resorts continues to elevate India’s boutique hospitality landscape by blending curated experiences with thoughtfully designed spaces. With Amaraya Resort joining its Anthology collection, the brand takes another step toward redefining leisure travel through immersive and emotionally resonant destinations.

The company is also expanding its strategic partnership with Wyndham Hotels & Resorts as it aims to capitalize on the rapid growth of India’s upscale hospitality market. This collaboration aligns with the increasing demand for luxury resort experiences and high-end wedding destinations across the country.

Dinesh Yadav, founder and managing director of Fine Acers, said, “Currently, we have an operational inventory of 200 rooms spread across three properties. In the next three years, we will be adding 700 keys spanning across five properties located in tourist destinations like Jaipur, Jawai, Udaipur, Pushkar, and Coorg.”

At the same time, the company is also developing seven additional hospitality projects with a total capacity of 1,500 rooms. For these developments, the group has signed franchise agreements with several global hotel brands to strengthen its international hospitality portfolio.

As part of its expansion strategy, Fine Acers recently announced the signing of two Dolce by Wyndham resorts in Goa and Udaipur. This move marks the debut of the Dolce by Wyndham brand in India. The resorts are scheduled to open by 2030, and they highlight Wyndham’s strategy to expand its upscale hospitality presence in the country while supporting Fine Acers’ vision of building landmark properties in high-demand destinations.

Meanwhile, beyond its growing development pipeline, Fine Acers has also built a distinctive investment model within the hospitality sector. The company uses a sale-and-leaseback structure that allows investors to participate directly in hotel ownership while the company continues to operate the properties.

Under this model, Fine Acers sells nearly 70 percent of a property’s inventory to investors and then leases the units back for hotel operations. As a result, investors receive annual returns of around seven percent while the company manages the property professionally.

“Investors also enjoy lifestyle privileges such as 25 complimentary nights a year and one wedding event,” said Yadav.

Additionally, the investment model is gaining strong traction among high-net-worth individuals and non-resident Indians who want exposure to India’s fast-growing hospitality market without handling the complexities of hotel operations.

Yadav further highlighted the sector’s strong growth outlook. “With India’s tourism and hospitality sector projected to reach $60 billion by 2028, the combination of steady returns and lifestyle benefits is proving attractive to investors seeking both financial and experiential value,” added Yadav.

He said, “Our collaboration with Wyndham reflects premium leisure and wedding markets and reinforces our commitment to developing iconic assets.”

Fine Acers Group is positioning itself as a fast-growing player in India’s luxury hospitality landscape. By expanding its resort portfolio, strengthening partnerships with global hotel brands, and introducing innovative investment models, the company is aligning its strategy with the country’s booming tourism industry. As demand for luxury travel and destination weddings continues to grow, Fine Acers aims to develop landmark hospitality assets across India’s most sought-after destinations.

With this development, the upcoming resort significantly strengthens Sarovar Hotels’ upscale leisure presence in Rajasthan, a market currently witnessing sustained demand driven by destination weddings, experiential travel, and premium resort stays. Furthermore, the project aligns closely with Sarovar’s broader strategy to expand its resort and leisure footprint in high-growth destinations through strong regional partnerships, according to an official release.

Commenting on the signing, Rajesh Ranjan, Senior Vice President – Development, Sarovar Hotels, said, “We are pleased to partner with Grassfield Group of Hotels & Resorts for the development of this Golden Tulip resort in Virat Nagar, Jaipur. Rajasthan continues to be a strategically important market for Sarovar Hotels, particularly across leisure and destination-led hospitality. This signing supports our focus on expanding premium resort offerings under globally recognized brands from our portfolio, backed by partners with strong regional expertise.”

Meanwhile, highlighting the significance of the collaboration, Dhruv Bansal, Managing Director, Grassfield Group of Hotels & Resorts, stated that the partnership reflects the group’s commitment to delivering internationally aligned hospitality experiences while simultaneously showcasing Rajasthan’s cultural and natural appeal.

Speaking to the media, Grassfield Group Chairman Sunil Bansal emphasized that the group currently operates Valley Grassfield Resort in Virat Nagar, which offers 150 rooms, a 15,000-square-foot banquet hall, and a 35,000-square-foot wedding garden, along with multiple wedding lawns. Moreover, the group operates Grassfield Club and Riviera Grassfield Resort in Jaipur and has several upcoming hospitality projects planned in Rajgarh, Sariska, and Udaipur.

The franchise agreement between Sarovar Hotels and Grassfield Group of Hotels & Resorts marks a strategic expansion in Rajasthan’s fast-growing luxury and destination wedding segment. Sarovar’s global brand strength, combined with Grassfield Group’s strong regional expertise, will drive the upcoming Golden Tulip resort in Virat Nagar to enhance Rajasthan’s premium hospitality landscape while actively catering to evolving leisure and experiential travel demand.

Nestled amid the pine-covered hills of Kasauli, Sirmour Baag marks another milestone in StayVista’s vision of creating destinations that encourage guests to pause, unwind, and reconnect with nature at a relaxed, unhurried pace.

Moreover, envisioned as a tranquil mountain retreat, Sirmour Baag features 16 serene cottages designed to blend seamlessly with the surrounding landscape. Natural textures, warm interiors, and understated design elements allow the outdoors to take centre stage, thereby creating an atmosphere that feels refined yet deeply rooted in its natural setting. Every part of the property invites guests to slow down—whether through quiet morning walks across dew-kissed lawns, leisurely afternoons in garden sit-outs, or moments of stillness beneath towering pine trees, said the release.

Sharing insights on the launch, Amit Damani, Co-founder, StayVista, said, “With the launch of Sirmour Baag in Kasauli, we’re excited to introduce our second Vaana home and mark the brand’s first step into the hills. Vaana is our nature-led resort category, built around slow, immersive experiences, and expanding into the mountains was a natural progression for the brand. Sirmour Baag reflects our vision of offering thoughtfully designed spaces that encourage guests to slow down, reconnect, and experience destinations at an unhurried pace.”

In addition, the in-house restaurant elevates the overall stay by offering comforting, thoughtfully prepared meals that align seamlessly with the resort’s slow-living philosophy. Guests can enjoy relaxed dining experiences that complement days spent exploring the outdoors and evenings reserved for lingering conversations and quiet indulgence, the release added.

Moreover, the new property stands in Village Bijapur, near both Udaipur and Jodhpur. As a result, the retreat offers a calm and immersive escape, and it highlights the raw landscapes, remarkable wildlife, and vibrant heritage of the region.

The resort covers an area of two and a half acres, and it includes eighteen carefully crafted accommodations. Additionally, several suites offer heated plunge pools, and each unit combines modern convenience with a deep connection to nature. Therefore, the design approach ensures that guests experience comfort without losing proximity to the natural environment.

All rooms feature high-end facilities, including climate-controlled air conditioners, high-speed Wi-Fi, flat-screen smart televisions, mini-bars, tea and coffee makers, electronic safes, fine-quality linen, dedicated workspaces, wardrobes, telephones, and 24-hour power backup, and these features guarantee a hassle-free and unforgettable stay. Furthermore, select accommodations include private plunge pools, open-air showers, exclusive gardens, bathtubs, elegant bathtubs, and spacious sit-out areas, and these options add privacy and character to the overall stay experience.

While discussing the new addition to the jüSTa Luxe portfolio, Ashish Vohra, Founder and CEO of Onora Hospitality Private Limited, shared the strategic importance of Jawai as a destination. He said, “The growing popularity of Jawai as a wildlife and experiential travel destination presents a meaningful opportunity for us to introduce our signature style of intimate, design-led hospitality. With jüSTa Luxe High Point Jawai, we aim to create an immersive retreat that blends comfort with adventure while celebrating the natural and cultural heritage of the region. This launch also strengthens our expanding presence in India’s national parks, where we already operate boutique resorts in Sariska and Jim Corbett under the jüSTa brand and in Ranthambore under Bookmark Resorts.”

Over time, the company has expanded operations across India’s wildlife circuits, and it has already strengthened its footprint through existing boutique resorts in Sariska, Jim Corbett, Sariska Sariska, and Ranthambore under Bookmark Resorts Corbett Corbett. Consequently, the latest launch reinforces this steady expansion strategy, Corbett.

jüSTa Luxe High Point Jawai offers a wide variety of lifestyle services and engaging experiences. In addition, the property provides multiple attractions, including a swimming pool in Corbett, a multicuisine restaurant with indoor dining and an intimate al fresco space in Corbett, a banquet hall measuring fifteen hundred square feet, a spa with two treatment rooms and a steam bath in Corbett, and several recreational activities such as carrom, foosball, badminton, and cricket. Thus, these amenities create diverse guest experiences and ensure that travellers enjoy a well-rounded wildlife retreat.

In addition, another hospitality group has won the bid to redevelop the existing Megapode Resort in Sri Vijaya Puram under the public-private partnership (PPP) model. The Andaman and Nicobar Islands Integrated Development Corporation Limited (ANIIDCO) has finalised three proposals for the design, build, finance, operate, and transfer (DBFOT) of five-star eco-tourism resorts on a PPP basis across these prime island locations.

Highlighting the significance of the development, an official said, “In a major stride toward sustainable tourism-led growth, we have finalised successful tenders for four flagship ecotourism projects across the Islands. Three hospitality groups/investors have won the bid to build three luxury eco-friendly tourism resorts at Long Island, Aves Island, and Shaheed Dweep. Letters of Award for the development of ecotourism resorts have been issued. We also got one of the highest bidders to develop the existing Megapode Resort in Sri Vijaya Puram on PPP mode.”

Further detailing the concession framework, the official added, “In addition to the annual concession fee, concessionaires will share revenue at the rates of 3.6 per cent for Megapode Resort, 3 per cent for Shaheed Dweep, and 2 per cent each for Long Island and Aves Island. The concession period is 50 years for Megapode Resort and 75 years for the other projects, including construction time.”

At the same time, the administration has placed sustainability at the core of these developments. Emphasising the long-term vision, the official said, “Our aim is the archipelago as a premier global destination for responsible, nature-centric tourism. These projects are designed to meet international sustainability standards, including LEED, GRIHA, and Green Globe certifications, and comply fully with Coastal Regulation Zone (CRZ) and environmental norms.”

Accordingly, each resort will follow low-impact architectural principles and operate on self-sustaining systems, primarily powered by renewable energy sources such as solar installations. As a result, the projects aim to ensure minimal ecological impact while blending seamlessly with the islands’ natural ecosystems.

Notably, Aves Island, one of the four locations, is currently uninhabited. This marks one of the rare instances in recent decades where the local administration has opened an uninhabited island for tourism development. Also known as Coconut Island due to its dense coconut plantations, Aves has so far remained closed to tourists and lacks any accommodation infrastructure. However, the proposed five-star eco-tourism resort is expected to position Aves as one of the most sought-after destinations after Swaraj Dweep (Havelock Island).

With an investment of nearly ₹36 crore, the proposed five-star eco-tourism resort at Aves Island will span 2.75 hectares and feature 50 rooms. Moreover, the concessionaire will offer curated activities such as local souvenir shopping, scuba diving, game fishing, forest trekking, nature camping, and wellness experiences.

Meanwhile, the resort planned at Long Island, part of an overall investment of approximately ₹391 crore across five-star ecotourism projects, will offer up to 220 rooms. Similarly, the resort at Shaheed Dweep, with a projected investment of around ₹172 crore, will feature 120 rooms, further expanding the region’s premium hospitality capacity.

MHRIL has also introduced Keystone, a Privileged Access Program that offers premium benefits such as concierge services along with flexible and simplified membership plans. In addition, the company is moving toward premiumizing its resort portfolio and has refreshed its brand identity by rebranding Club Mahindra as Club M to align with its transformation.

The company further aims to enter the luxury leisure segment by launching Mahindra Signature Resorts. These properties will cater to families seeking immersive, high-end experiences delivered with sophistication. MHRIL plans to scale this brand to 2,000 keys by FY30, according to a company release.

Manoj Bhat, MD & CEO of Mahindra Holidays, said, “For almost three decades, Mahindra Holidays has shaped how Indian families holiday, which gives us a competitive edge. The demand for experiential holidays is rising swiftly due to increasing affluence. We recognize that family extends beyond the traditional sense to encompass meaningful connections and shared experiences. Hence, we are embarking on our two-brand strategy to gain a leadership position in the leisure market.”

Nestled directly on the beach, Trishvam Palolem Beach Resort will feature 42 elegantly designed cottages that blend natural aesthetics with modern comforts. Thoughtfully conceptualized as a premium coastal hideaway, the resort promises immersive beachfront living with uninterrupted access to Palolem’s serene shoreline.

The resort will also include a signature all-day dining multi-cuisine restaurant, a relaxing swimming pool, a fully equipped gym, and a rejuvenating spa, catering to leisure travellers seeking comfort, wellness, and an elevated beachside escape.

Commenting on the signing, Amit Kumar, Chief Marketing Officer, TGI Hotels, said: Panjim laid the foundation for our growth in Goa, and expanding into Palolem is a natural next step. Trishvam, part of our premium brand collection, reflects TGI’s commitment to elevated hospitality. Trishvam Palolem Beach Resort is the third property under the Trishvam premium brand collection, after Pondicherry and Krishnagiri, strengthening TGI’s presence in the leisure segment and enhancing its footprint in Goa. With this new resort, we aim to offer guests a refined beachfront stay that brings together comfort, local charm, and our signature warmth.

About TGI Hotels

TGI Hotels & Resorts is a leading hospitality group in India, with a diverse portfolio of hotels, resorts, and leisure properties across key destinations. Committed to quality, personalized service, and thoughtful design, TGI creates memorable experiences for both business and leisure travellers through its multiple brands.

About Trishvam – Recrafting Memories

Trishvam, TGI Hotels’ premium brand collection, offers discerning travellers exclusive experiences in serene and scenic locations. With properties in Pondicherry, Krishnagiri, and now Palolem, Trishvam embodies TGI’s promise of elevated hospitality and thoughtfully crafted stays—recrafting memories for every guest.

For more information, please visit: www.trishvam.com | www.tgihotels.com