Vikram Kamats Hospitality Subsidiary Secures Landmark Hotel Deal in Bengaluru's Manyata Tech Park

Vikram Kamats Hospitality Limited, a prominent Indian hospitality company, announces that its material subsidiary, Vitizen Hotels Limited, has executed a long-term lease agreement for a hotel property located in Bengaluru's Manyata Tech Park. The property comprises approximately 45 keys and is strategically situated in a major IT hub, offering strong visibility and potential to cater to the growing demand from corporate travelers, business professionals, and long-stay guests in the region. This development aligns with the company's growth strategy of expanding its presence in key metropolitan cities through a combination of asset-light models and long-term lease arrangements. The addition of this property is expected to strengthen the company's brand presence, enhance operating leverage, and diversify its portfolio in the Southern market. Upon commencement of operations, the company expects this hotel to make a meaningful contribution to its consolidated business revenue and drive sustainable growth in the coming years.