Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

27 Jun 2025 CW Team

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India.

Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With 96 rooms nearing completion and 34 more under development, the hotel will elevate regional hospitality standards.

Key features include over 25,000 sq. ft. of banqueting space with pre-function areas, a lawn, multiple meeting rooms, a rooftop lounge, lobby bar, multi-cuisine vegetarian restaurant, fitness centre, salon and a swimming pool with deck.

The Udupi–Manipal hospitality market is witnessing demand across business, education and religious tourism segments. The success of ITC Fortune and Country Inn & Suites reflects the market’s appetite for quality branded supply, which this project will address.

Nandivardhan Jain, Founder & CEO, NOESIS Capital Advisors, said, “This transaction exemplifies NOESIS’ strength in identifying high-impact opportunities in emerging micro-markets. Udupi–Manipal is a dynamic ecosystem with growing demand for premium hospitality infrastructure. We are proud to have led this strategic acquisition, reaffirming our role as India’s most trusted hotel real estate transaction advisor.”

As India’s hospitality sector enters a new era of growth, NOESIS continues to advise institutional investors, family offices and private clients on strategic acquisitions, brand partnerships, and long-term value creation.

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