DS Group boosts FY27 hotel investment by 50% to Rs.1,500 crore amid hospitality boom
NEW DELHI, June 17 -- Riding a buoyant hotel market and a shortage of room supply, fast-moving consumer goods conglomerate Dharampal Satyapal (DS) Group is raising its hospitality investment commitment by 50% and accelerating plans to expand through acquisitions and new developments.
In FY27, the group's hospitality arm plans to raise its hospitality investment commitment to a total of Rs.1,500 crore from the Rs.1,000 crore announced in 2024, after deploying or committing roughly 60% of the original allocation. The company is pursuing a mix of acquisitions-primarily brownfield assets-and greenfield projects, with a particular focus on distressed properties.
"We will up our investment to Rs.1,500 crore considering the demand (for the hot...
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