Published On:January 30 2025
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MRG Group to Expand Hospitality Portfolio with 2,300 New Keys by 2035.
MRG Group, a key player in hospitality and real estate, has announced plans to expand its portfolio by adding over 2,300 keys by 2035, nearly doubling its current capacity of 1,200 keys. The expansion will include a mix of its own Goldfinch properties and strategic partnerships with international brands.
As part of its growth strategy, the group aims to enter new markets, including Hyderabad, Chennai, Gurugram (Delhi NCR), Ahmedabad, and Pune. Additionally, it has ongoing projects in Goa, Chikkamagaluru, Sakleshpur, Mangaluru, and Bengaluru.
“We are focused on creating immersive destinations that combine world-class service with authentic experiences,” said K Prakash Shetty, Founder and Chairman of MRG Group. “With an average occupancy rate of 85% across our operational properties, this expansion reinforces our commitment to shaping India’s future as a global tourism hub.”
Founded in 1993, MRG Group currently operates 11 hotels across India, all of which are owned and managed in-house. The company has established strategic partnerships with Marriott and Hilton to strengthen its presence in India’s hospitality sector.
HBL