DS Group bets ₹400 cr on Delhi-NCR's first W Hotel near IGI Airport

DS Group will convert its Uppal's Orchid property near IGI Airport into Delhi-NCR's first W Hotel, opening H2 2027 with 200 rooms. India's second W after Goa, the project anchors DS Group's ₹1,000 cr push to scale from 900 to 2,000 keys by FY29 and rides Marriott's plan for 500 India hotels by 2030.

— Source publishedWed, 17 Jun, 2026, 12:40 IST·First seen Wed, 17 Jun, 2026, 12:48 IST·Source The Hindu BusinessLine

What happened

W Hotels · DS Group is investing ₹400 crore to convert Uppal's Orchid near IGI Airport into Delhi-NCR's first W Hotel, opening H2 2027. It's India's second W

Key facts

  • ₹400 crore investment
  • 200 rooms
  • ₹1,000 crore expansion
  • 900 keys to 2,000 keys by 2029
  • 10-12 hotels by FY29
  • 0.27 keys per 1,000 people
  • 500 Marriott hotels by 2030

Why this matters

Watch for accelerated conversion deals along Delhi-NCR's airport corridor as Marriott chases 500 India hotels by 2030—prime time to lock in management contracts, land parcels, or JV stakes before luxury supply tightens.