Grand Continent Hotels IPO

Grand Continent Hotels Limited operates in the mid-scale hospitality sector, catering to Indian middle-class travellers and business professionals. Established in 2011, the company launched its first hotel in Bengaluru in 2016 and has since expanded its presence across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. The company manages 16 operational hotel properties with a total of 753 rooms, offering accommodations in the economy, mid-priced, and upper mid-priced segments. Amenities vary by category, ranging from basic lodging to facilities like free Wi-Fi, coffee shops, fitness centres, and banquet spaces. Headquartered in Bengaluru, Grand Continent Hotels follows an asset-light model, primarily leasing properties. Some hotels operate under franchise agreements with Sarovar Hotels and Royal Orchid Associated Hotels.;