DS Group has acquired Viceroy Bangalore Hotels Pvt. Ltd., enhancing its presence in Southern India with the strategic addition of the Marriott-managed Renaissance Bengaluru.

Information on the Target

In 2000, DS Group embarked on its journey within the burgeoning hospitality sector by acquiring 'The Manu Maharani,' a prominent member of Radisson Individuals and Radisson Blu Hotel located in Nainital. This establishment has since become a cornerstone of their portfolio, marked by its 67 luxurious rooms that provide guests with breathtaking views of the Himalayas. The hotel boasts exemplary service, a wide range of recreational facilities, and modern amenities, all aligned with DS Group's vision of delivering world-class hospitality.

Among their remarkable properties is 'Namah,' which is situated in the heart of Jim Corbett National Park and spans across 8.75 acres. Surrounded by the majestic Sitabani Range and the scenic Kosi River, Namah offers a five-star luxury experience with 48 elegantly designed rooms. The hotel's design and service perfectly capture the essence of a tranquil wildlife retreat, ensuring a rejuvenating stay for its guests. Furthermore, the 'Radisson Blu Hotel Guwahati,' located at the entry point to North East India, offers an ideal getaway for both business and leisure travelers, featuring 196 contemporary rooms with extraordinary views of Deepor Beel Lake.

Industry Overview in Target’s Specific Country

The hospitality sector in India has experienced rapid growth, driven by increasing domestic and international tourism, which has prompted investments in luxury accommodations. India is home to a vast array of cultures and geographical diversity, captiva