Planet Hotels reports strong growth driven by experiential travel demand
/Rising occupancy, revenue gains, and strategic expansion reflect shifting traveller preferences across key markets.
April, 2026: Planet Hotels & Resorts has reported a strong year of growth, underpinned by rising travel demand, strategic market focus, and a continued emphasis on delivering distinctive guest experiences.
The group reported steady performance in 2025, with around 11% revenue growth and a 9% rise in occupancy across Thane and Goa. RevPAR also increased, supported by higher occupancy and more efficient revenue management.
Industry Trends Shaping Demand
This growth reflects wider industry trends, including a rise in domestic tourism, gradual recovery in corporate travel, and growing demand for experiential, destination-led stays. Travellers are increasingly seeking immersive, design-led spaces that go beyond basic accommodation.
Strengthening Presence in High-Demand Destinations
Planet Hotels & Resorts has aligned with these preferences through its presence in destinations such as Goa, Thane, Powai, and Manali. Vine Hills Resort & Spa Manali, in particular, draws travellers seeking mountain views and quieter, nature-led stays, contributing to its leisure portfolio.
Expansion Pipeline and Future Growth
Building on this momentum, the group is also advancing its expansion pipeline with upcoming projects across Goa, Haridwar, and Lucknow.
Leadership Perspective
Commenting on the growth, Atul Neharkar, AVP Sales, Planet Hotels & Resorts, said: “We are encouraged by the strong growth momentum witnessed over the past year, particularly across our key markets of Thane and Goa. This performance reflects not only robust demand but also our focused approach towards driving revenue and maximizing asset performance. Our continued emphasis on experiential hospitality and strategic expansion into high-potential destinations has further strengthened our market positioning.”
He further added: “The hospitality landscape is evolving rapidly, with guests seeking more curated and meaningful experiences. Our approach is centered on delivering memorable stays through thoughtfully designed spaces, personalised service, and a deep understanding of these changing preferences. As we grow, our focus will remain on innovation, consistency, and elevating the overall guest journey across all our properties.”
