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Urbana","movilidad-urbana",{"code":23},{"id":1447,"status":1448,"segmentId":25,"slug":1449,"title":1450,"editorsPick":1451,"topImage":1452,"coverImage":1453,"slideImage":8,"publishDate":1454,"readTime":115,"maxRelatedEvents":5,"image":8,"imageCredit":1455,"imageCreditColor":1456,"breakNewsUntil":1457,"seoTagConversionId":8,"seoTag":8,"seoTitle":8,"seoKeywords":8,"seoDescription":8,"seoAbstract":8,"seoImage":8,"visitCounter":833,"createdAt":1458,"updatedAt":1459,"translations":1460,"segment":1469,"categories":1477,"countries":1494,"authors":1497,"urls":1502},2800,"TRUE","the-hotelification-of-indian-real-estate","The Hotelification of Indian Real Estate",false,"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002F1859x559_px_Top_2025_11_17_10_46_43_1763387203.webp","https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002F1920x1080_px_Cover_2025_11_17_10_46_43_1763387203.webp","2025-11-17T00:00:00.000Z","Adobe Stock","#555555","2025-11-24T00:00:00.000Z","2025-11-17T10:46:43.000Z","2025-11-17T10:57:23.000Z",[1461],{"id":1462,"newsId":1447,"languageId":47,"title":1450,"subtitle":1463,"content":1464,"summary":978,"takeaways":1465,"seoTagConversionId":8,"seoTag":8,"seoTitle":978,"seoKeywords":978,"seoDescription":978,"seoAbstract":8,"seoImage":8,"createdAt":1466,"updatedAt":1467,"language":1468},2954,"How office and retail assets are adopting hospitality principles to maximise returns and stay competitive","A profound convergence is underway in real estate, merging the once-sharp distinctions between the design, function, and service of offices, hotels, and retail malls.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nToday, an office lobby rivals that of a 5-star hotel, featuring the same high-end marble, designer furniture, and even butler service.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis is not a superficial trend but a fundamental market shift, a &ldquo;hotelification&rdquo; of all asset classes &nbsp;- driven not by developers, but by customers.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nA customer who experiences a seamless, high-class environment in one part of their life now demands that same level of service from their workplaces and their shopping centres.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nConsequently, the principles of hospitality are no longer a nice-to-have for office and retail; they are a core survival strategy.\r\n\u003Ch2>The Office: A New Service-First Approach\u003C\u002Fh2>\r\nThe modern office is being completely reimagined as a hospitality-first product, a necessary evolution to draw employees back and justify premium rents.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe core principle, as one panellist from \u003Ca href=\"https:\u002F\u002Fnews.griinstitute.org\u002Fen\u002Freal-estate\u002F6-key-real-estate-market-insights-from-india-gri-2025\" target=\"_blank\">India GRI 2025\u003C\u002Fa> with a hospitality background noted, is solving the basic hospitality challenges that exist in every business.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nSuccess is no longer just about the address, it is about creating a seamless and easy experience for the end-user, which is defined by perfecting the fundamentals.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis includes ease of access with good parking, seamless function so a user can get to their desk and log on to Wi-Fi immediately, and quality basics like clean, well-stocked restrooms without queues.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis service-led approach extends even to large-scale business parks, with one CEO describing a new 2 million square foot office campus where blocks are tucked into an urban forest.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis design features boardrooms within this natural environment, not as a gimmick, but as a hospitality-driven tool to boost productivity.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe philosophy is simple: if you service your tenant with all the facilities, why would they leave you? This convergence is even reshaping the business model, with predictions that the flex-space industry will eventually migrate to a truly asset-light model, identical to hotel brands, where developers incorporate them to manage the tenant experience.\r\n\u003Ch2>Retail: Competing with Tech Through Experience\u003C\u002Fh2>\r\nIf the office is adopting hospitality principles for productivity, the retail sector is doing so for pure survival.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nTechnology has ruthlessly attacked the mall&#39;s traditional anchors, from streaming services like Netflix disrupting cinemas to 11-minute quick-commerce delivery making the hypermarket trip obsolete for many urban consumers.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nWith its core functions under threat, the mall must sell something that cannot be digitised: experience.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe iPhone provides a perfect case study, as a customer can buy the exact same product from a small local shop or a flagship store in a premium mall. The product and warranty are identical, so the only differentiator is the whole experience of buying it.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis pressure to perform is coming from all directions, with one mall CEO noting that after visiting the new Bangalore T2 Airport, his first thought was: &ldquo;if that&#39;s the airport, my mall has to be even better.&quot;&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThis hotelification is now expressed through massive investments in experience, such as building malls with 5.85-metre floor heights simply to give retailers the canvas for an experience and to create a sense of awe.\r\n\u003Ch2>The Customer-Driven Convergence\u003C\u002Fh2>\r\nUltimately, this hotel-ification of real estate is the market&#39;s response to a newly empowered customer who doesn&#39;t differentiate at all.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe traditional silos between asset classes are irrelevant to them, as they demand service, convenience, and a high-quality experience whether they are working, travelling, or shopping.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe lesson from the hospitality industry, once defined by service excellence and now by intelligent luxury, is that the return on square feel is just as critical as the return on square feet.&nbsp;\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nFor office and retail assets, embracing this principle is no longer a choice; it is the only way to remain relevant.\r\n\u003Chr \u002F>\u003Cbr \u002F>\r\n\u003Cem>These strategic insights were shared during the panel discussion on the &quot;\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fgatherings?region=4\">Strategic Blueprint of Retail &amp; Hospitality&#39;s Evolution - Branded Vs. Boutique &amp; Global Investor Preferences\u003C\u002Fa>&quot;.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nThe session was moderated by \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Fpankaj-renjhen_30362\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"30362\">Pankaj Renjhen\u003C\u002Fspan>\u003C\u002Fa>, COO, A\u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fanarock-retail_15000\" target=\"_blank\">NAROCK Retail\u003C\u002Fa>, and featured reflections from leading experts including \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Fanshu-sarin_41259\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"41259\">Anshu Sarin\u003C\u002Fspan>\u003C\u002Fa>, Chief Executive Officer, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002F91springboard_2773\" target=\"_blank\">91 Springboard\u003C\u002Fa>; \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Fkarthik-krishna_2079\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"2079\">Karthik Krishna\u003C\u002Fspan>\u003C\u002Fa>, Co-founder &amp; Managing Partner, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fevervantage_484\" target=\"_blank\">EverVantage\u003C\u002Fa>; \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Frahul-pandit_8113\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"8113\">\u003Cspan class=\"data-profile-link\" data-id=\"45035\">Rahul Pandit\u003C\u002Fspan>\u003C\u002Fspan>\u003C\u002Fa>, MD &amp; CEO, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fadvent-hotels-international_21280\" target=\"_blank\">\u003Cspan class=\"company-profile-link\" data-id=\"21280\">Advent Hotels International\u003C\u002Fspan>\u003C\u002Fa>; \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Frajneesh-mahajan_7209\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"7209\">Rajneesh Mahajan\u003C\u002Fspan>\u003C\u002Fa>, CEO, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Finorbit-malls-india-pvt-ltd_4621\" target=\"_blank\">Inorbit Malls\u003C\u002Fa>; \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Franvir-bhandari_48966\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"48966\">Ranvir Bhandari\u003C\u002Fspan>\u003C\u002Fa>, President, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fmiros-hotels-resorts_22895\" target=\"_blank\">Miros Hotels &amp; Resorts\u003C\u002Fa>; \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Frao-munukutla_6890\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"6890\">Rao Munukutla\u003C\u002Fspan>\u003C\u002Fa>, CEO &amp; Executive Director, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fbengaluru-airport-city-limited_3197\" target=\"_blank\">BACL\u003C\u002Fa>; and \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fmember-profile\u002Findia\u002Fzubin-saxena_23569\" target=\"_blank\">\u003Cspan class=\"data-profile-link\" data-id=\"23569\">Zubin Saxena\u003C\u002Fspan>\u003C\u002Fa>, Sr. Vice President, Region Head &ndash; South Asia, \u003Ca href=\"https:\u002F\u002Fwww.griinstitute.org\u002Frealestate\u002Fcompany-profile\u002Fhilton_2659\" target=\"_blank\">Hilton\u003C\u002Fa>.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nAccess the full takeaways and C-level insights in the exclusive \u003Ca href=\"https:\u002F\u002Fnews.griinstitute.org\u002Fen\u002Freal-estate\u002F6-key-real-estate-market-insights-from-india-gri-2025\" target=\"_blank\">India GRI 2025 Spotlight\u003C\u002Fa>.\u003C\u002Fem>","\u003Cul>\r\n\t\u003Cli>Modern offices are increasingly being run as services, adopting hospitality principles to create a frictionless daily experience that improves tenant retention.\u003C\u002Fli>\r\n\t\u003Cli>Retail&#39;s survival now depends on selling an intangible experience, as technology has disrupted traditional anchors such as cinemas and hypermarkets.\u003C\u002Fli>\r\n\t\u003Cli>This hotelification trend is customer-driven, as people now demand the same high-quality service from their office or mall as they do from a premium hotel.\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n","2025-11-17T10:46:49.000Z","2025-11-17T10:57:17.000Z",{"code":13},{"id":25,"color":27,"translations":1470},[1471,1473,1475],{"title":26,"slug":30,"language":1472},{"code":13},{"title":37,"slug":38,"language":1474},{"code":18},{"title":33,"slug":34,"language":1476},{"code":23},[1478,1486],{"id":5,"label":1319,"translations":1479},[1480,1482,1484],{"label":1319,"slug":1330,"language":1481},{"code":13},{"label":1319,"slug":1330,"language":1483},{"code":18},{"label":1319,"slug":1330,"language":1485},{"code":23},{"id":85,"label":1187,"translations":1487},[1488,1490,1492],{"label":1187,"slug":1198,"language":1489},{"code":13},{"label":1201,"slug":1202,"language":1491},{"code":18},{"label":1205,"slug":1206,"language":1493},{"code":23},[1495],{"name":426,"enName":426,"ptName":426,"iso2":1496},"IN",[1498],{"name":1499,"slug":1500,"image":1501,"order":115},"Jorge Aguinaga","jorge-aguinaga","https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews_author\u002FFoto_Jorge_Aguinaga_2025_11_04_10_50_46_1762264246.jpg",{"en":1503},"\u002Freal-estate\u002Fthe-hotelification-of-indian-real-estate",[1505,1506,1507,1508,1509,1510],"Infra Brazil","Infra Latam","Real Estate Brazil","Real Estate Europe","Real Estate India","Real Estate Latam"]