Indian Investors Revolutionize Global Hotel Industry with Strategic Acquisitions in Europe and UAE

  • 25th May 2024
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Indian Investors Revolutionize Global Hotel Industry with Strategic Acquisitions in Europe and UAE

Indian Investors Dominating International Hotel Markets

New Delhi: From London to Dubai, Indian investors are rapidly expanding their footprint in the luxury hospitality sector. Prominent players like the Hinduja Group and InterGlobe Enterprises are making significant inroads into Europe, the UAE, and the UK, transforming the landscape of global hotel ownership.

Hinduja Group and Accor's Premier Partnership - A Landmark Collaboration in London

Last year, Europe's largest hotel chain, Accor, inaugurated Raffles London at The OWO, the city’s most expensive hotel, owned by the Hinduja Group. Sébastien Bazin, CEO of Accor, expressed his gratitude towards the Hinduja Group for this partnership, acknowledging their pivotal role in the venture.

Introducing Miiro: A New Lifestyle Hotel Brand

In December, InterGlobe Enterprises announced the launch of Miiro, a new lifestyle hotel brand set to debut in various European cities. This move is part of InterGlobe's strategy to diversify into Europe through unique assets located in premier European destinations.
Tamara Leisure's Expansion into GermanyShruti Shibulal, director of Tamara Leisure Experiences, acquired the Moxy Bremen hotel in Germany in 2022 and has plans to continue investing in the region. Shibulal stated that the aim is to take the Tamara Resorts brand overseas, creating a unique value proposition for their guests.

Rising Trend of Indian Hotel Owners Abroad - A Growing Presence in the Middle East and Europe

According to industry insiders, there has been a significant surge in Indian-origin hotel owners expanding internationally. Manav Thadani, founder chairman of hospitality consultancy firm Hotelivate, noted the increasing interest among Indian investors in markets such as the Middle East and Europe.

Attractive Investment Opportunities in the UAE - Dubai and Ras Al Khaimah Leading the Way

Nandivardhan Jain, CEO of NOESIS Capital Advisors, highlighted the compelling blend of investment opportunities in Dubai and Ras Al Khaimah, including robust demand, well-developed tourism infrastructure, and advantageous tax structures. Deepak Jain, founder of MayFair Consultants, identified key markets such as London, Switzerland, Dubai, and Bali as prime targets for Indian-origin hotel owners.

Indian Hoteliers have Aggressive Growth Plans in the United States

In the US, the second generation of Indian-origin hotel owners is pursuing aggressive expansion plans. Raj Patel, founder of Raj Hospitality and Arvox Capital Group, revealed that Indian-origin owners control $80 billion worth of hotel assets in the US. For many Indians with green cards, entering the hotel business remains a primary goal.

Radisson's Owner-Focused Initiatives - Opportunities for Global Expansion

Nikhil Sharma, MD and area senior VP, South Asia at Radisson Hotel Group, emphasized the attractive opportunities Radisson offers through its owner-focused initiatives and high renewal rates, appealing to Indian hoteliers seeking global expansion.

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Namrata Parab

Namrata is a web and graphic designer with a strong urge to learn and grow every day. Her attention to details when it comes to coding web pages or creating materials for social media uploads or adding that extra flair to blogs has been commendable. She pours her spirit into any work that she undert... read more


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