Bengaluru based Kalyani Developers is set to significantly expand its hospitality portfolio, targeting over 1400 keys over the next two years across Bengaluru and Hyderabad. As part of its strategic growth plans, the company has partnered with global hospitality major Hilton for a landmark dual-brand hotel development in Bengaluru featuring around 600 keys across the two hotels, with Hilton catering to the upper-upscale segment and Conrad positioned in the luxury segment, thus bringing together two global brands within a single integrated development. The company is in talks with leading global operators for the additional 825 keys.
Speaking about the company’s hospitality strategy, Priyanka Raju, Director, Kalyani Developers, said, “Our hospitality business is an important part of our long-term growth strategy, and our aim is to build destinations that are relevant to the evolving needs of the markets we operate in. Bengaluru and Hyderabad are at the centre of our strategic growth plans for hospitality. Both markets are evolving rapidly, with increasing demand for world-class, globally benchmarked hospitality experiences. Our focus is to bring exceptional quality, service and experiences to these markets by partnering with leading international hotel operators. Our objective is to create hospitality developments that meet global standards while being deeply relevant to the needs and opportunities of each market.”
With this expansion, Kalyani Developers intends to establish a meaningful presence in the hospitality sector in the Hyderabad and Bengaluru regions. The expansion will complement the company’s broader real estate portfolio and enable it to participate in markets driven by business travel, tourism, MICE (Meetings, Incentives, Conferences and Exhibitions) and rising demand for premium hospitality.
