- BHVL outlined a $106M Karnataka investment.
- Its Grand Mercure Mysuru marked its 10th anniversary.
- The company also launched “Vision 2031” to add 1,700 keys in five years.
BRIGADE HOTEL VENTURES Ltd. outlined a five-year, $106 million investment in Karnataka. The plan includes new projects and upgrades to existing assets to meet evolving tourism demand.
The company also launched its “Vision 2031” strategy to double room inventory by adding about 1,700 keys over the next five years, backed by an investment of about $381 million, BHVL said in a statement.
“Mysuru has transitioned from a weekend getaway destination into a robust business and heritage hub,” said Nirupa Shankar, BHVL’s managing director. “The city has been a key pillar in our strategy to redefine the hospitality experience in South India. Our decade in Mysuru has served as a powerful proof of concept for our strategic vision. We viewed Mysuru as the ultimate testing ground for how international hospitality standards could be seamlessly integrated into a heritage-rich, Tier-II environment. The success we’ve achieved here has provided us with the operational confidence and the financial blueprint to aggressively scale our footprint across Karnataka.”
Meanwhile, BHVL-owned Grand Mercure Mysuru in Mysuru, Karnataka, marked its 10th anniversary, the statement said. The 146-key hotel combines French design with Karnataka heritage and has become a key destination during Dasara festivities. The hotel has also supported growth in the luxury leisure segment in Tier-II cities and serves as a base for BHVL’s regional expansion plans.
The hospitality sector in Mysuru is projected to grow at a CAGR of 8–10 percent, the statement said. By supporting the local economy and investing in sustainable infrastructure, the company aims to keep Mysuru on the global tourism map. As tourism shifts toward personalization and wellness, BHVL aims to tap rising international travel demand.
BHVL also said it remains committed to supporting guests, employees and the local community in Mysuru as the government pushes development of tourist destinations.
Bengaluru-based BHVL, a subsidiary of Brigade Enterprises Ltd., is led by Executive Chairman M.R. Jaishankar. In February, the company signed a memorandum of understanding with the Tamil Nadu government at the Tamil Nadu Global Tourism Summit 2026 to invest $121.59 million in the state.
