Indian hotel chains pivot to resorts as leisure travel powers FY26-27 pipeline
IHCL, Marriott, Radisson, IHG, Postcard and Atmosphere Core are loading pipelines with leisure resorts across Ranthambore, Goa, Coorg, Ayodhya and the North-East. 42% of 2025 openings sit in leisure markets; Radisson expects resorts at 50% of 2026 signings, with luxury ADRs running ₹50,000-₹1 lakh/night.
What happened
Indian Hotels Company (IHCL) · Indian hotel chains including IHCL, Marriott, Radisson, Postcard, Atmosphere Core and IHG are accelerating resort signings across
Key facts
- ADR ₹50,000-₹1 lakh/night at luxury resorts
- Marriott Ranthambore ~₹33,000+taxes
- Radisson: resorts 36% of 2025 signings, 50% in 2026
- Radisson 24 resorts operating, 22 under development
- IHG 20 leisure signings since 2024
- Postcard 4 openings in 4 months, 27 under construction
- 2025 occupancy 63-65%, ADR ₹8,500-8,700, RevPAR ₹5,400-5,600
- 42% of 2025 openings in leisure destinations
Why this matters
The FY26-27 pipeline shift creates M&A windows in fragmented leisure assets—boutique resort portfolios, branded residence plays and land banks near Ayodhya and the North-East—before global chains lock up signings.