Hospitality and Healthcare
BVM Energy and Residency Pvt Ltd, a Kapil Group company, has signed an agreement with Hilton for the development of Hilton Garden Inn Visakhapatnam Yendada World Trade Centre (WTC), marking Hilton's entry into Visakhapatnam and expanding its presence in Andhra Pradesh. The hotel will form part of the landmark 10-acre mixed-use WTC Visakhapatnam development in Yendada, envisioned as a business, collaboration and commercial hub for the city. Upon completion, expected by 2032, the hotel will feature 360 guest rooms, an all-day dining restaurant, lobby lounge and bar, rooftop bar, fitness facilities, an indoor/outdoor swimming pool, and approximately 14,300 square feet of meeting and event space including a ballroom, breakout rooms and a boardroom, catering to conferences, corporate meetings and MICE demand. Hilton currently operates 11 trading Hilton Garden Inn hotels in India with a further pipeline of 13 hotels, including two other upcoming Andhra Pradesh properties in Tirupati and Mantralayam. As a hospitality construction project, the development is expected to require major fit-out and equipment investment typical of upscale hotels, including HVAC and chiller systems, elevators/escalators, kitchen and F&B equipment, DG sets and electrical infrastructure, fire and safety systems, swimming pool equipment, and interior fit-out and furnishing for guest rooms and banquet/meeting spaces.