NOESIS Capital Advisors has successfully facilitated a landmark hospitality deal in Karnataka’s Udupi-Manipal region. The transaction involves the acquisition of a nearly completed 130-key upscale hotel, which will soon operate under one of IHCL’s premium brands—further cementing NOESIS’ reputation as a trusted advisor for strategic hospitality investments across India.
Strategically located on a 1.03-acre site along the Udupi-Manipal Highway, the hotel directly caters to business travellers, pilgrims, and families visiting students at Manipal University. With 96 rooms nearing completion and 34 more under development, the property promises to significantly enhance the region’s hospitality landscape.
Key highlights of the hotel include over 25,000 sq. ft. of banqueting space comprising pre-function areas, a spacious lawn, and multiple conference and meeting rooms. The property also features a rooftop lounge, a lobby bar, and a multi-cuisine vegetarian restaurant, along with premium amenities such as a fully equipped fitness centre, salon, swimming pool, and a deck area.
This acquisition comes at a strategic time for the Udupi-Manipal hospitality sector, as the region continues to witness growing demand across various traveler segments. Moreover, the strong performance of existing branded hotels such as ITC Fortune and Country Inn & Suites by Radisson underscores the clear gap in high-quality, branded accommodations. As a result, this upcoming IHCL property is well-positioned to effectively bridge that gap and meet the evolving needs of the market.
Nandivardhan Jain, Founder & CEO of NOESIS Capital Advisors, commented, “This transaction exemplifies NOESIS’ strength in identifying high-impact opportunities in emerging micro-markets. Udupi-Manipal is more than just an educational and religious hub, it is a dynamic evolving ecosystem with growing demand for premium hospitality infrastructure. We are proud to have led this strategic acquisition, reaffirming our role as India’s most trusted hotel real estate transaction advisor.”
With India’s hospitality sector entering a new phase of accelerated growth, NOESIS continues to lead the way—advising institutional investors, family offices, and private stakeholders on strategic acquisitions, brand alliances, and sustainable value creation.
