Diversified Dharampal Satyapal Group said it had acquired Viceroy Bangalore Hotels Pvt Ltd for an undisclosed sum following a bidding process. Diversified Dharampal Satyapal Group said it had acquired Viceroy Bangalore Hotels Pvt Ltd for an undisclosed sum following a bidding process.
The Renaissance Bengaluru, owned by Viceroy Hotels and operated by Marriott, has 275 rooms and is located on 1.8 acres of prime land. It added that this hotel was a tempting addition to the hospitality portfolio of DS Group due to its strategic location in the Central Business District (CBD).
The group stated that it is now actively developing plans to enhance the hotel’s appeal.
“With this acquisition, the DS Group expands its hospitality footprint and reinforces its continued commitment to the hospitality business,” DS Group Vice Chairman Rajiv Kumar said.
DS Group’s hospitality portfolio comprises brands such as The Manu Maharani in Nainital and Namah in Jim Corbett National Park.
