Advent Hotels International announced the listing of its shares on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The listing marks a significant milestone in Advent’s journey as a dedicated hospitality platform, enabling enhanced market visibility, liquidity for existing shareholders, and a strengthened capital structure to support future growth.
Transitioning into an independent hospitality powerhouse
Carved out of Valor Estate Ltd (formerly DB Realty), Advent Hotels International now operates independently with a focused strategy for developing, owning, and managing marquee hotel assets across India. The Company is governed by its own Board and Management team following the demerger.
A vision for sustained value creation
“The listing of Advent Hotels International reinforces our commitment to building an institutionally governed and capital-efficient hospitality platform. We are committed to building a lean, operationally excellent hotel platform that is maniacally focused on long-term shareholder value creation. Our goal is to deliver a mid-teens compounded ROE over the next decade or so, through careful acquisitions and disciplined capital allocation,” said Arshad Balwa, Promoter Director, Advent Hotels International Limited.
Expanding presence with marquee brands
Advent Hotels International currently operates two marquee hotels: a 313-key Grand Hyatt-flagged property in Bambolim, Goa (with an additional 113 keys under development), and a 171-key Hilton-branded property in Mumbai’s Andheri East.
Building India’s next-generation hospitality portfolio
“This listing is a defining moment for Advent Hotels International, as we aim to build one of India’s most admired hospitality platforms. As an independent, asset-heavy company with marquee partnerships and a strong development pipeline, we are well-positioned to capture the next phase of growth in India’s premium and luxury hospitality sector. This listing enhances our financial flexibility, strengthens governance, and enables sustainable value generation for all stakeholders,” said Rahul Pandit, Managing Director & CEO, Advent Hotels International.
Future-ready developments and growth outlook
The Company is expanding its portfolio through strategic partnerships and joint ventures, including two upcoming hotels at Aerocity, Delhi – St. Regis and Marriott Marquis, which are being developed in partnership with the Prestige Group and are expected to open in FY27. The upcoming portfolio also features the Waldorf Astoria and Hilton at Worli, Mumbai, as well as a 1,175-key hotel at BKC, Mumbai.
With five projects under development, the company is on track to expand to 3,100 keys. EBITDA, currently under ₹200 crore, is projected to surpass ₹1,200 crore as these projects mature by FY32, reflecting the company’s robust growth and institutional approach.
