DS Group lifts hospitality bet to Rs 1,500 cr, partners Marriott for W Hotels Delhi
FMCG major DS Group is scaling hospitality spend 50% to Rs 1,500 cr, anchored by a Rs 400 cr, 200-room W Hotels at Delhi Aerocity opening Sept 2027. Plans to double inventory to 2,000 keys by 2028-29 via brownfield buys and Northeast push, betting on India's 0.27 keys-per-1,000 gap vs 2.2 global.
DS Group raises hospitality investment to Rs 1,500 crore from Rs 1,000 crore, partners Marriott for W Hotels Delhi Aerocity (Rs 400 cr, 200 rooms, opens Sept 2027). Targets doubling room inventory to 2,000 by 2028-29, scouting brownfield acquisitions and Northeast expansion.