Juniper Hotels to invest Rs 850 crore to develop 5-star hotel in Delhi

Juniper Hotels will invest Rs 850 crore for a new 550-key hotel in Dwarka. This new property is expected to be completed by the year 2030. The company has secured a licence deed with the Delhi Development Authority for this project. Juniper Hotels aims to double its key count to approximately 3,900 by FY 2030-31. The group is also evaluating inorganic opportunities to expand its portfolio.