DS Group lifts FY27 hotel spend 50% to ₹1,500 cr, eyes 2,000 rooms by FY29

Diversified conglomerate DS Group is raising its hospitality bet, hiking FY27 investment to ₹1,500 crore from ₹1,000 crore. Plans include a ₹400 cr W Hotel in Delhi Aerocity, a ₹300 cr Renaissance Bengaluru buy, and scaling from 1,000 rooms across 6 hotels to 2,000 rooms across 10-12 properties by FY29.

— Source publishedWed, 17 Jun, 2026, 11:31 IST·First seen Wed, 17 Jun, 2026, 11:35 IST·Source Mint · Companies

What happened

DS Group raises hospitality investment 50% to ₹1,500 crore by FY27, including ₹400 crore W Hotel in Delhi Aerocity, targeting 2,000 rooms across 10-12 hotels by

Key facts

  • ₹1,500 crore FY27 hospitality investment
  • 50% increase from ₹1,000 crore
  • ₹400 crore W Hotel Delhi project
  • 200 rooms W Hotels
  • 1,000 current rooms across 6 hotels
  • 10-12 hotels by FY29
  • 2,000 room target
  • ₹300 crore Renaissance Bengaluru acquisition
  • hospitality 3-4% of ₹10,000 crore revenue
  • revenue to double by 2028

Why this matters

The ₹300 cr Renaissance Bengaluru acquisition validates that operating-asset M&A is now competitive with greenfield builds in tier-1 metros, tightening the window for buyers eyeing branded inventory in Delhi-NCR and Bengaluru.

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