Brigade Hotel Ventures Limited (BHVL) 
Business

Brigade Hotel Ventures signs MoU with TN to invest Rs 1,100 cr in Chennai

The MoU, signed in the presence of the chief minister MK Stalin committed an investment of Rs 1,100 crore by BHVL, aimed at significantly bolstering the state’s tourism infrastructure and creating high-value employment opportunities for over 1000 people

DTNEXT Bureau

CHENNAI: Brigade Hotel Ventures Limited (BHVL) on Monday signed a Memorandum of Understanding (MoU) with TN at the ongoing Tamil Nadu Global Tourism Summit 2026.

The MoU, signed in the presence of the chief minister MK Stalin committed an investment of Rs 1,100 crore by BHVL, aimed at significantly bolstering the state’s tourism infrastructure and creating high-value employment opportunities for over 1000 people.

Vineet Verma, director BHVL, said, “This MoU is part of our commitment to bring the best of hospitality to Chennai and reflects our shared vision with the Government of TN 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.”

Holiday Inn Chennai OMR IT Expressway, BHVL’s first hotel through its subsidiary SRP Hotel Ventures Limited in Chennai, commenced operations in April 2017 with 202 keys. The company will now add over 500 new keys across three properties in Chennai including Courtyard by Marriott at Chennai World Trade Center, Grand Hyatt Chennai ECR and JW Marriott Chennai OMR. Brigade Group had already acquired lands for these projects to create hospitality destinations in Chennai.

HOSPITALITY BOOST

Courtyard by Marriott at Chennai World Trade Center will offer around 45 guestrooms located just 13 km from the Chennai International Airport.

Grand Hyatt Chennai ECR will be a premier resort with approximately 211 guest rooms.

JW Marriott Chennai OMR will feature around 250 stylishly appointed guest rooms and suites.

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