Brigade Hotel to invest ₹1,100 Cr in Chennai, add 500+ hotel rooms, stock gains 6%Brigade Hotel to invest ₹1,100 Cr in Chennai, add 500+ hotel rooms, stock gains 6%

Introduction

Leading hospitality firm will invest ₹1,100 crore in Chennai to add over 500 hotel keys across three properties, creating more than 1,000 employment opportunities.

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Share price movement of Brigade Hotel

On February 3, 2026, Brigade Hotel Ventures Ltd opened at ₹61.76, up 1.79% from its previous close of ₹60.69. The stock reached a high of ₹64.19 (5.77%) and a low of ₹61.76. By 11:45 AM, it traded at ₹62.66, a 3.25% increase, with a market cap of ₹2,380.09 crore.

BHVL Signs Chennai Hotel MoU

Brigade Hotel Ventures Limited (BHVL) signed a Memorandum of Understanding with the Tamil Nadu Government to invest ₹1,100 crore. The agreement was announced at the Tamil Nadu Global Tourism Summit 2026.

The investment will add over 500 new keys across three hotels in Chennai. The project includes Courtyard by Marriott, Grand Hyatt Chennai, and JW Marriott Chennai OMR.

The initiative aims to create high-value employment opportunities for more than 1,000 people. It aligns with the state’s objective to enhance tourism infrastructure and develop Chennai as a global hospitality hub.

BHVL had already acquired land for these three projects. Courtyard by Marriott will have 45 rooms, Grand Hyatt Chennai 211 rooms, and JW Marriott Chennai OMR 250 rooms and suites.

Stock performance of Brigade Hotel for Period of 1 week, 1 month, and 6 months

Brigade Hotel Ventures Ltd delivered a 3.35% return over the past week, declined 11.2% over the past month, and fell 24.7% over the past 6 months.

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Shareholding pattern of Brigade Hotel

Particulars	Dec 2025	Sep 2025	Jul 2025
Promoter	74.10%	74.10%	74.10%
FII	0.80%	1.30%	3.00%
DII	20.10%	19.60%	16.50%
Public	4.90%	5.00%	6.40%

About Brigade Hotel

Brigade Hotel Ventures Limited (NSE: BRIGHOTEL) owns and develops nine hotels across South India and GIFT City, with 1,604 keys, managed by global hospitality brands.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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