Dharampal Satyapal Group (DS Group) expands its presence investment of over INR 500 crores in the six properties it currently owns. DS Group expects to achieve a CAGR of 15% in the hospitality segment over the next 2-3 years.
Dharampal Satyapal Group (DS Group) is set to significantly expand its presence in the hospitality sector with a cumulative investment of over INR 500 crores in the six properties it currently owns. With this investment, the DS Group is expected to achieve a CAGR of 15% in the hospitality segment over the next 2-3 years.
As part of its expansion plan, DS Group aims to acquire three new properties over the next three years to make it a total of nine premium properties across the country. The three new properties will be in India’s North and Eastern regions. Upon completing this expansion plan, DS Group aims to have a total of 1500 keys across its hospitality properties thus, reinforcing its position in the hospitality industry. The growth strategy will incorporate a mix of organic and inorganic elements.
Commenting on the announcement, Rajiv Kumar, Vice Chairman, DS Group, said, “DS Group’s strategic growth vision is aligned to the overarching vision of delivering exceptional, meticulously crafted, and memorable guest experiences to leverage the synergies while aiming to capture new market opportunities. With our valued partners, we are very optimistic about our future and aim to create meaningful value for all our stakeholders.”
DS Group Boosts Current Portfolio With Over Rs 500 Cr Investment
