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DS Group set to deploy ₹800 crore to acquire new hotels by FY27

Mint Mumbai

|

December 12, 2024

By 2025, DS Group plans to add 300 rooms to its portfolio, followed by another 500 by 2026

- Varuni Khosla

MCG conglomerate Dharampal Satyapal Group's (DS Group's) hospitality arm is aggressively expanding its hospitality division, with plans to increase its portfolio from six hotels to 10-12 by FY27. The company is focusing on both city and resort 4-5-star hotel category properties, primarily in "high-growth" regions across India, Rajiv Kumar, vice chairman of the company, said, speaking exclusively to Mint. This will include tier-I and tier-II cities. In the past one year, the company has deployed ₹200 crore in expanding its existing assets.

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