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Mid, upscale hotel brands eye growth in manufacturing hubs

Monday, 02 Dec 2024
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Leading hotel brands like Marriott, Hyatt, Ginger, Vivanta, Regenta, and Orchid are expanding their footprint in locations in India's manufacturing hubs. This is witnessed in thes urge in mid- and upscale hotel developments as business travelers increasingly demand quality accommodations near industrial zones. Locations include  Vithalapur, Talegaon, Chakan, Bhiwandi, Pithampur, Kalinganagar, Sanand, and Hosur.

The shift is driven by growing manufacturing activity and logistical challenges, prompting executives to prefer hotels closer to their workplaces. Notable developments include the upcoming Courtyard by Marriott and Hyatt Place in Vithalapur, which will open within 12 months, and the recently launched Fern Residency in Talegaon, catering to automotive sector travelers. Mid-market options like Click Hotel and Sayaji in Pithampur are gaining traction, while Ginger Hotel is developing 200-room properties in Chakan and Bhiwandi.

Hyatt plans to launch eight new properties with over 1,200 rooms in India by 2025, reflecting the rising demand for branded accommodations in industrial corridors near highways and transport nodes. "Development of hotels to cater to this demand is primarily in the midscale and upscale segments like Ginger hotels at Sanand, Kalinganagar, and Jamshedpur," said Suma Venkatesh, EVP, Real Estate and Development, Indian Hotels Company. Vivanta and Ginger are also launching multi-brand properties in Hosur. Besides, Royal Orchid and Regenta is setting up hotels in key hubs such as  Jamshedpur and Maharashtra. 

Lemon Tree is also exploring asset-light strategies for its new properties in manufacturing zones. Feasibility studies and projects are underway in emerging industrial areas like Ranjangaon, Manesar, and Pithampur, signaling further investment in hospitality infrastructure to meet the evolving needs of corporate travelers.

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