2 weeks ago
Juniper Hotels eyes acquisitions, new brand tie-ups for growth
There is a company called Juniper Hotels that runs fancy hotels in India.
It works closely with a big hotel brand called Hyatt.
Juniper wants to grow bigger, so it plans to have twice as many hotel rooms by the year 2031.
Right now it has eight hotels with more than two thousand rooms.
It is building four more hotels in different parts of India.
It also made a deal with another big hotel company, Marriott, to open a new hotel near the airport in Bengaluru.
That hotel will open in October.
The company says its business is doing well and making more money than before.
Even though there is a war happening in West Asia, Juniper says it has not hurt their hotels.
The company is looking for more hotels to buy or partner with so it can keep growing.
Juniper Hotels, the largest operator of Hyatt hotels in India, plans to double its keys to 4,000 by FY31.
The company tied up with Marriott International to launch a 238-key Westin hotel near Bengaluru airport, opening in October.
Four hotels are under development in Bengaluru, Delhi, Guwahati, and Kaziranga National Park with an investment of around ₹1,900 crore.
Hyatt, which owns a 38% stake in Juniper, remains a shareholder, while Juniper is open to partnering with Marriott, Accor, and Taj.
Q1 FY27 revenue rose 11% year-on-year, with Grand Hyatt Mumbai's RevPAR growing 18% versus the 7% industry average.
- Who
- Juniper Hotels, a Hyatt-backed hospitality chain led by CEO Varun Saraf and MD/Chairman Arun Kumar Saraf
- What
- Plans to double its hotel keys to 4,000 by FY31 through acquisitions and new brand tie-ups, including a Marriott-partnered Westin hotel near Bengaluru airport
- Where
- India, including Bengaluru, Delhi, Guwahati, Kaziranga National Park, Mumbai, and Chennai
- When
- Announced in August 2026; the Westin hotel is scheduled to open in October; Q1 FY27 results reported
- Why
- To drive growth, expand into leisure locations, and strengthen its luxury and upper-upscale portfolio
Key facts
- Company
- Juniper Hotels (Hyatt-backed)
- Current portfolio
- 8 properties, 2,133 keys across 7 cities
- Growth target
- 4,000 keys by FY31
- Hyatt stake
- 38%
- New Westin hotel
- 238 keys near Bengaluru airport, opening in October
- Investment in new hotels
- Around ₹1,900 crore for four hotels
- Q1 FY27 revenue growth
- 11% year-on-year
- Grand Hyatt Mumbai RevPAR growth
- 18% vs 7% industry average
Quotes
Arun Kumar Saraf
MD and Chairman of Juniper Hotels
“"We were easily able to absorb the impact of the West Asia war. Our revenue in Q1 FY27 was 11 per cent higher year-on-year."”
thehindubusinessline.com
“"Juniper is free to seek its own growth and find an operator which fits the property."”
thehindubusinessline.com











