Archive · 19 Sep 2025
Residency Hotels Announces Expansion with New Projects
The Residency Hotels, owned by the Appasamy Group, is building new hotels in Madurai, Mysuru, and the Maldives.
The Madurai hotel will have 188 rooms and a large convention center.
The hotel in Mysuru will have 120 rooms.
The company is also building convention centers.
The total investment is over ₹500 crore.
The company is expanding to meet the growing demand for events and comfortable hotel stays.
The CEO also suggests that Tamil Nadu needs a Convention Bureau to attract international organizers.
The Residency Hotels is expanding with new hotels and convention centers.
Total investment in the new projects is over ₹500 crore.
The Madurai hotel will include 188 rooms and a convention center.
The Mysuru hotel will be ready by April-May.
The company is investing in convention centers and boutique hotels.
- Who
- The Residency Hotels
- What
- Is expanding with new hotels and convention centers
- When
- The Madurai hotel should be ready in the first quarter of the next fiscal year. The Mysuru hotel will be ready by April-May.
- Where
- Madurai, Mysuru, Maldives, Chennai
- Why
- To expand and capitalize on the growing demand for convention centers and comfortable stays.
Government Involvement in MICE Tourism
Government Involvement in MICE Tourism
Convention Bureau
Government Involvement in MICE Tourism
The CEO suggests that Tamil Nadu, too, should have a Convention Bureau to woo international organizers to host their events in the State.
Government Involvement in MICE Tourism
The CEO suggests that Tamil Nadu, too, should have a Convention Bureau to woo international organizers to host their events in the State.
- Company
- The Residency Hotels (Appasamy Group)
- Total Investment
- Over ₹500 crore
- Madurai Hotel Rooms
- 188
- Madurai Convention Center Space
- 56,000 sq ft
- Mysuru Hotel Rooms
- 120
- Existing Hotels
- 7 with 654 rooms
- Madurai Convention Center Investment
- Over ₹150 crore