Brigade Hotel to invest Rs 1,100 crore in Chennai
Real estate developer Brigade Group's hospitality arm, Brigade Hotel Ventures (BHVL), has plans to invest Rs 1,100 crore in Chennai as a part of its next phase of growth and expansion.
The firm plans to add three more properties in the city — the Courtyard by Marriott Chennai World Trade Centre in the near term, followed by the luxury JW Marriott Chennai OMR and Grand Hyatt Chennai ECR by 2029-30. This investment in Chennai is a part of the Rs 3,600-crore investment to expand its hotel portfolio over the next three to four years.
Currently, the firm operates nine hotels with over 1,600 keys across Bengaluru, Chennai, Kochi, Mysuru, and Gift City in Gujarat.
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