HBI Staff | Hyderabad 
Ventive Hospitality Ltd, a joint venture between Pune-based real estate giant Panchshil Realty and global asset management firm Blackstone, is gearing up for a significant expansion of its hotel portfolio. The move comes as India witnesses a surge in leisure travel and temple tourism, creating new opportunities in the hospitality sector, senior company officials revealed to *Mint*.
The firm, which operates upscale properties like The Ritz-Carlton Pune and Aloft Bengaluru, plans to grow its business through a combination of organic and inorganic strategies. This includes acquiring existing hotel assets across key cities and developing new projects from scratch.
By leveraging its expertise and capitalizing on India’s booming travel market, Ventive Hospitality aims to strengthen its position in the luxury and lifestyle hospitality segments. The expansion strategy aligns with the growing demand for unique travel experiences and the rising trend of spiritual tourism, which continues to attract both domestic and international travelers.
This move underscores the company’s commitment to catering to India’s evolving hospitality landscape while bolstering its footprint in the sector.
