The Prestige Group is expanding its hospitality vertical in preparation for the upcoming IPO of its subsidiary, Prestige Hospitality Ventures Ltd. The company has announced several new hotel projects across Bengaluru, Goa, and Hyderabad, partnering with global hospitality brands such as Marriott, Hilton, and Conrad.
This strategic focus aligns with Prestige Group’s goal of becoming a diversified real estate conglomerate with strong footholds across residential, commercial, and hospitality sectors. The Group’s existing hospitality assets have shown steady recovery post-pandemic, and the upcoming IPO aims to accelerate future expansion.
Simultaneously, Prestige continues to strengthen its residential presence through major launches including Prestige Evergreen in Whitefield, Prestige Fernvale , and Prestige Eaton Park. The EOI for Prestige Evergreen is already open, while EOIs for Fernvale and Eaton Park will commence from December 5th. These developments represent the Group’s growing footprint in Bengaluru’s east zone, known for its connectivity and premium lifestyle offerings.
By expanding across multiple sectors, Prestige Group aims to balance its revenue streams and create long-term value for investors. The combined momentum from its hospitality and residential verticals places the company in a strong position for sustained growth.
Also Read: Prestige Hospitality Ventures Files ₹2,700 Crore IPO Draft with SEBI
