DS Group Invests Rs 500 plus Cr to Expand Hospitality Portfolio
DS Group Invests Rs 500 plus Cr to Expand Hospitality Portfolio

Dharampal Satyapal Group (DS Group), a prominent FMCG with diverse business interests, is gearing up for substantial growth in the hospitality industry.

They plan to invest more than INR 500 crores across their six existing properties.

This investment is expected to propel the DS Group's hospitality segment to achieve a 15% Compound Annual Growth Rate (CAGR) over the next 2-3 years, surpassing industry standards.

In its expansion strategy, DS Group intends to acquire an additional three properties in the next three years, bringing the total number of premium properties under its banner to nine, spread across various regions in India's North and Eastern areas.

DS Group aims to offer a combined total of 1500 rooms across its hospitality properties, solidifying its presence in the hospitality sector.

This growth strategy will encompass a blend of both organic and inorganic approaches.

“DS Group’s strategic growth vision is aligned to the overarching vision of delivering exceptional, meticulously crafted, and memorable guest experiences to leverage the synergies while aiming to capture new market opportunities. With our valued partners, we are very optimistic about our future and aim to create meaningful value for all our stakeholders.” said, Mr. Rajiv Kumar, Vice Chairman, DS Group.

DS Group has been actively involved in the hospitality sector since the year 2000. Currently, their hospitality portfolio comprises six notable properties, including The Manu Maharani in Nainital and Namah in Jim Corbett National Park, both of which are affiliated with Radisson Individuals.

Additionally, they have the Radisson Blu Hotel in Guwahati, Crowne Plaza in Jaipur on Tonk Road, Holiday Inn Express at Kolkata Airport, and the Renaissance Hotel in Bengaluru, managed by Marriott.

 

 
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