DS Group lifts hospitality bet 50% to Rs 1,500 cr, doubles room count to 2,000 by FY29
DS Group raises hospitality capex to Rs 1,500 crore from Rs 1,000 crore, targeting 2,000 keys by 2028-29 versus current ~1,000. Anchor project: a W Hotels luxury property at Delhi Aerocity with Marriott, opening September 2027, alongside pipeline in Jim Corbett, Guwahati and Jaipur.
What happened
DS Group raises hospitality investment to Rs 1,500 crore from Rs 1,000 crore, targeting room inventory doubling to 2,000 by 2028-29. Announces W Hotels luxury
Key facts
- Rs 1,500 crore
- Rs 1,000 crore
- Rs 400 crore
- 2,000 rooms
- 375 rooms
- 200 rooms
- 0.27 keys/1000
Why this matters
DS Group's tie-up with Marriott for W Hotels validates branded-operator partnerships as the scaling playbook, opening adjacent JV opportunities in tier-1 airport-linked luxury and leisure destinations like Corbett and Jaipur.