Family offices and institutional investors target pilgrimage and experiential hospitality
Wealthy families and developers are pouring capital into hotels in religious destinations and experiential dining (e.g., jungle cafes, heritage restaurants). Independent operators should watch for consolidation in niche markets and consider partnerships for scale.
From the sources
- From Deoghar to Udupi: Family offices bet Rs 2,000 crore on hotels in pilgrimage towns
- Lemon Tree Hotels announces signing of MoU with Omaxe for operating 4,000 keys
- Omaxe partners with Lemon Tree Hotels for 10 hotels with 4,000 keys across India
- EBG Group bets on India’s experiential dining boom with Tarzan Jungle Cafe, targets 100 locations nationwide
- After its Gurugram debut, Jimbu Thakali charts expansion plans for Thakali cuisine across India
- Getting set to expand across India in multiple segments of the business: Raoof Dhanani
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