MRG Group, a leading force in India’s hospitality and real estate sectors, has outlined a bold expansion strategy that will see its portfolio reach 3500+ keys by 2035. This growth includes a combination of its own properties under the Goldfinch brand and strategic international partnerships. With its flagship Goldfinch brand, celebrated dining establishments such as Sana-di-ge, Kni-hau, Banjara, and The Kabab Studio, MRG Group is poised to enter new domestic markets while exploring global collaborations.
Currently, MRG Group operates 11 hotels across India, all owned and managed by the group, with strategic partnerships with leading international brands like Marriott and Hilton in India. The group’s existing portfolio consists of 1200 operational keys, with additional properties under development in key locations such as Goldfinch Goa, Marriott Resort & Spa in Chikkamagaluru, JW Marriott Resort, Spa & Residential in Sakleshpur, Tribute in Mangalore, Goldfinch Retreat in Mangalore, and Westin Bangalore – each set to redefine the industry in the years ahead.
“We are focused on more than just building hotels – we aim to create immersive destinations that combine world-class service with authentic experiences,” said Dr. K Prakash Shetty, Founder and Chairman of MRG Group. “With an average occupancy rate of 85% across our operational properties, we have demonstrated that our unique fusion of Indian hospitality and global standards resonates deeply with guests. This expansion plan reinforces our commitment to shaping India’s future as a global tourism hub.”
MRG Group has identified high-growth cities such as Hyderabad, Chennai, Gurugram (Delhi NCR), Ahmedabad, and Pune as prime locations for its future developments. These cities were selected for their dynamic economic growth, increasing demand for premium hospitality services, and flourishing tourism and real estate sectors.
Mr. Gaurav Shetty, Managing Director of MRG Group, emphasized the role of strategic partnerships in their growth. “Our collaborations with esteemed global brands such as Marriott International, alongside the expansion of our own Goldfinch brand, will offer guests a unique blend of luxury and accessibility. We are committed to catering to every type of traveller, from leisure seekers to business professionals, while staying ahead of industry trends,” he explained.
While real estate remains the backbone of MRG Group’s operations, hospitality continues to be a key focus. The Goldfinch brand, known for offering refined luxury with personalized service, is setting new standards for excellence in the Indian hospitality industry. MRG Group is also developing Goldfinch City in Mangalore, a large-scale mixed-use project that will feature a Mall, Hotels, Restaurants, IT Parks, International Schools, Luxury Residences, Convention Halls, Sports Arena, Hospitals, Co-Living and much more.