IndustriesThe Next Five-Star Opening Is Not in Mumbai
Business travel, weddings and pilgrimage are driving hotel demand in smaller cities. What operators and investors should know.
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Sector outlooks across ten industries.
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IndustriesTaj's Seventeenth Straight Record: Reading IHCL's First-Quarter Results Carefully
Indian Hotels Company reported Q1 FY27 consolidated revenue of Rs 2,419 crore, up 15%, EBITDA of Rs 753 crore and profit of Rs 358 crore, with 20 signings and 11 openings. We explain the numbers and one discrepancy between sources.
IndustriesSoft Spring, Strong Base Effect: How to Read India's Hotel Numbers in 2026
HVS Anarock and JLL describe softer hotel performance in April and May 2026 after a strong run, but gains over a weak 2025 base. Bengaluru room rates rose 15-17% while Mumbai fell 5-7%. What the data do and do not show.
IndustriesA Domestic Boom and a Foreign Dip: What the 2025 Tourism Data Really Say
The Ministry of Tourism's 2026 data compendium shows domestic tourist visits of 428.55 crore in 2025, foreign tourist arrivals of 91.49 lakh and forex earnings of US$31.69 billion. Why the datasets must not be added together.
IndustriesFewer Visitors Than Before the Pandemic: Reading the April 2026 Arrivals Snapshot
The Ministry of Tourism's April 2026 snapshot shows 5.34 lakh foreign tourist arrivals, down 14.3% from April 2025 and 31% below April 2019. The US and UK lead source markets. Leisure is 35.6%, diaspora 26.7%.
IndustriesGrowth in Outlets, Not in Orders: What the QSR Slowdown Told Us
A January 2026 report found same-store sales at KFC and McDonald's India falling in the second quarter of FY26 even as Devyani and Sapphire merge. What it means for restaurant owners. The data are dated and the piece says so.