Juniper Hotels plans ₹1,930 crore capex to expand portfolio
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure plan
- ₹1,930 crore
- by FY31
- 1,900 to nearly 4,000 keys
- expansion in Bengaluru
- ₹400 crore
- development in Dwarka
- ₹850 crore
Juniper Hotels has unveiled a ₹1,930 crore capital expenditure plan aimed at doubling its room inventory from 1,900 to nearly 4,000 keys by FY31. Key projects include a ₹400 crore expansion in Bengaluru and an ₹850 crore development in Dwarka, Delhi, targeting major metropolitan areas. This ambitious strategy is expected to significantly enhance the company's EBITDA.
Not investment advice. For informational purposes only.