BRIGHOTELNSEBrigade Hotel Ventures LimitedMediumPositive
Announced Fri, 8 May · 15:08 IST

Brigade Hotel Ventures Limited has informed the Exchange regarding a press release dated May 08, 2026, titled Brigade Hotel Ventures Limited and Marriott International Open Courtyard by Marriott Kochi Infopark.

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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹64.66
prior close
₹64.10
base price
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+0.0-0.2+0.2-2.9-5.2-5.7-7.0-5.4-7.2-4.4-1.1-3.7
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AI summary

Brigade Hotel Ventures Limited (BHVL) and Marriott International announced the opening of Courtyard by Marriott Kochi Infopark, a 218-room hotel in Kakkanad's IT corridor. The hotel is an upgraded and rebranded version of the former Four Points by Sheraton Kochi Infopark. Key features include flexible workspaces, smart TVs, high-speed WiFi, over 8,000 sq. ft. of meeting space across four venues, four dining options, a rooftop infinity pool, 24/7 fitness centre, and spa facilities. BHVL is the second largest owner of chain-affiliated hotels in South India with a portfolio of nine operating hotels comprising 1,604 keys across Bengaluru, Chennai, Kochi, Mysuru, and GIFT City.

Likely market impact

The rebranding to a premium Marriott brand reflects BHVL's strategy of upgrading assets in high-demand business locations, potentially improving occupancy rates and revenue per available room in the competitive Kochi hospitality market.