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BHVL Signs MoU with Tamil Nadu to Open Three New Hotels

Brigade Hotel Ventures signs MoU with Tamil Nadu government to invest Rs. 1,100 crore, adding 500+ keys across three premium hotels and creating over 1,000 jobs

BY Realty+
Published - Tuesday, 03 Feb, 2026
BHVL Signs MoU with Tamil Nadu to Open Three New Hotels

Brigade Hotel Ventures Limited (BHVL) has taken a significant leap in Chennai’s hospitality market, signing a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest Rs. 1,100 crore. The agreement, formalised at the Tamil Nadu Global Tourism Summit 2026 in the presence of Chief Minister M. K. Stalin, aims to expand BHVL’s hotel portfolio across the city while creating over 1,000 high-value employment opportunities.

This move underscores BHVL’s strategic focus on Chennai as a key business and leisure hub, aligning with broader state efforts to elevate tourism infrastructure and destination appeal.

Adding Over 500 Keys Across Three New Hotels

The investment will fund three major projects, collectively adding more than 500 keys to BHVL’s Chennai portfolio. These include the Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR, and JW Marriott Chennai OMR.

Vineet Verma, Director at BHVL, explained, “This MoU is part of our commitment to bring the best of hospitality to Chennai and reflects our shared vision with the Government of Tamil Nadu to transform Chennai into a premium destination for global business and leisure travellers. By adding over 500 keys across three world-class brands, we are not only expanding our portfolio but also contributing to the state's economic growth through the creation of substantial employment.”

The projects aim to set new benchmarks for hospitality in the region, reinforcing Chennai’s positioning as a strategic city for international business and tourism.

Project Details and Strategic Locations

Each property in the pipeline targets a distinct segment of Chennai’s growing hospitality demand:

  • Courtyard by Marriott at Chennai World Trade Center: Offering around 45 well-designed guestrooms, this property is strategically located just 13 km from Chennai International Airport, catering to business travellers and MICE (Meetings, Incentives, Conferences, and Exhibitions) events.
  • Grand Hyatt Chennai ECR: Designed as a premier resort with 211 guest rooms, the property will target leisure travellers seeking luxury experiences along the scenic East Coast Road.
  • JW Marriott Chennai OMR: Featuring approximately 250 stylish rooms and suites, this hotel will serve IT professionals and business travellers along the bustling Old Mahabalipuram Road corridor.

These developments follow BHVL’s earlier foray into Chennai with the Holiday Inn Chennai OMR IT Expressway, launched in April 2017 with 202 keys through its subsidiary, SRP Hotel Ventures Limited. The new additions will more than double the company’s footprint in the city, signalling long-term commitment.

Supporting Employment and Economic Growth

The investment is expected to generate over 1,000 direct and indirect employment opportunities, spanning hospitality, operations, and ancillary services. For a city like Chennai, which is fast emerging as a corporate and IT hub, this is a notable contribution to job creation.

Industry analysts note that premium hotel supply along corridors like OMR and ECR has been limited relative to growing demand from business and international travellers. BHVL’s projects aim to bridge this gap while setting international standards for service quality, amenities, and sustainability.

Chennai’s Hospitality Market in Focus

Chennai has been witnessing a steady surge in hospitality demand, driven by IT expansion, growing international conventions, and increased leisure travel. Investments such as BHVL’s MoU are expected to catalyse further development in the city, attracting additional players and promoting infrastructure growth.

Sanjay Kumar, a hospitality analyst based in Chennai, said, “The city is poised for a hospitality upgrade. Investments like these not only add capacity but also raise service standards and global appeal, reinforcing Chennai as a destination for both business and leisure.”

Looking Ahead: Strategic Growth and Expansion

With lands already acquired for these projects, BHVL is positioned to execute its Chennai roadmap efficiently. The Courtyard, Grand Hyatt, and JW Marriott developments reflect a balanced strategy targeting business, leisure, and long-stay segments.

Vineet Verma added, “Our goal is to set new benchmarks in hospitality while supporting the government’s mission to enhance tourism infrastructure and destination development across this vibrant state.”

As global and domestic travel rebounds, strategic investments like BHVL’s are expected to strengthen Chennai’s position on the international hospitality map, providing modern, tech-enabled, and service-focused hotel experiences.

BHVL’s Rs. 1,100 crore commitment is more than an expansion plan—it is a statement of confidence in Chennai’s long-term growth potential. By creating premium hotel supply, generating employment, and supporting tourism infrastructure, the company is shaping the city’s hospitality ecosystem for the next decade.

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