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Brigade Hotel Ventures plans expansion with five new hotels
Hospitality and Healthcare - Feb 14,2025 -Brigade Hotel Ventures (BHVL) has revealed plans to expand its portfolio by developing five new hotels across Chennai, Tamil Nadu, Bengaluru in Karnataka, Hyderabad in Telangana, and Vaikom in Kerala.
This move is expected to boost the company’s inventory to 2,600 keys by FY29, with the new properties to be managed by leading global hospitality brands. The expansion includes three luxury hotels: the Intercontinental Hyderabad at Brigade Neopolis, the Grand Hyatt Resort on Chennai’s East Coast Road (ECR), and a luxury resort on Vaikom Island in Kerala.
BHVL has signed a non-binding term sheet with Hyatt in India for the Grand Hyatt Chennai project, though a definitive management agreement is yet to be finalised.
Additionally, BHVL plans to strengthen its presence in the upper midscale segment by launching two branded hotels in Bengaluru. One will be near Bengaluru Airport, while the other will be in Hosur. These properties will operate under the ‘Fairfield by Marriott’ brand, following a non-binding memorandum of understanding (MoU) with Marriott India.
The construction timeline targets completion of the Grand Hyatt Chennai resort and the two upper midscale hotels in Bengaluru by FY28. The remaining two luxury hotels in Hyderabad and Kerala are expected to be operational by 2029.
Marriott India
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