Magni Ventures

These are exciting times, and we have been actively pursuing organic as well as inorganic growth. So, expect us to continuously grow on the back of a healthy balance sheet.

Our strategic roadmap aligns with our Vision 133 by 2033, where we aim to operate 133 hotels across India, focusing on sustainable growth and exceptional guest experiences.

Our growth approach remains focused on tier-1 locations across India while simultaneously exploring high-growth potential in select tier-2 cities.

Looking ahead to 2025, I believe we are entering a time where the lines between different hospitality segments will blur significantly.

Looking ahead to 2025, we remain optimistic and ambitious. Our focus will be on expanding our portfolio by 10-15 percent, particularly in emerging markets where the demand for mid-segment and affordable hospitality continues to grow.

As we step into the new year, the hospitality industry finds itself at the confluence of three transformative travel trends that are redefining traveler expectations.

Under IHCL’s comprehensive strategy of ‘Accelerate 2030’, it will expand its brandscape, deliver industry- leading margins, double its consolidated revenue to INR 15,000 crores with a 20 percent return on capital employed and grow its portfolio to 700+ hotels.

Jubilant Food Ltd (JFL) has signed an MoU with Coca-Cola to purchase and market its sparkling beverages and other products. This move comes after JFL’s parent company, Jubilant Bhartia Group, acquired a 40 percent stake in Hindustan Coca-Cola Beverages.

In its recommendations based on the recent HR summit deliberations, FHRAI has made a slew of suggestions to improve the HR scenario in the hospitality sector.

A whitepaper on ‘Employment landscape in Tourism & Hospitality industry’ in India published by CII with the support of EY pointed out the lack of proper data collection to substantiate the real impact of tourism on direct and indirect employment.