Juniper Hotels lines up ₹2,000-cr expansion, aims to double room inventory to 4,000 keys by FY31

Juniper Hotels Ltd, a joint venture of Saraf Hotels and Hyatt Hotels Corporation, plans a ₹2,000 crore expansion to double its room inventory to over 4,000 keys by FY31. This 'Juniper 2.0' strategy involves adding five new hotels, primarily funded by internal accruals on land with no acquisition cost, and acquiring assets with 600 rooms.