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Phoenix Mills aims to triple hotel portfolio

Financial Express Kolkata

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September 10, 2025

MALL DEVELOPER PHOENIX Mills is looking to triple its hospitality portfolio with four new hotels with an investment of over ₹3,500 crore, sources in the know said.

- RAGHAVENDRA KAMATH

MALL DEVELOPER PHOENIX Mills is looking to triple its hospitality portfolio with four new hotels with an investment of over ₹3,500 crore, sources in the know said. The expansion will take its portfolio to 1,800 keys from about 600 currently.

The company has a 392-key St Regis in Mumbai and a 189-key Courtyard by Marriott in Agra.

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