India: Real estate and lodging company Ascott will open a Oakwood-branded serviced residence in Tirupati, Andhra Pradesh, through a partnership with KBR Homes India Private Limited.
The development will offer 120 modern units alongside all‑day dining, an Oakbar, a swimming pool and a fully equipped fitness centre.
The property targets both pilgrims and business travellers in the culturally and commercially significant city.
Tirupati, home to the Sri Venkateswara Temple, which attracts over 24 million visitors annually, has been identified by Ascott as a fast‑growing tier‑2 hub with new business parks and industrial zones .
Hoshang Garivala, country general manager at The Ascott Limited, said: “Tirupati is a truly unique market, where spirituality meets rising urban growth. We’re excited to introduce Oakwood’s trusted hospitality in this iconic destination through our partnership with KBR Homes. The project will offer guests a premium and comfortable experience, while also supporting the city’s evolving hospitality.”
K Baburaju, managing director of KBR Infratech, said: We are proud to join hands with Ascott in bringing the Oakwood brand to Tirupati. With our shared commitment to quality and excellence, this partnership is a natural fit. The property will set new standards in hospitality for the city and reflect the strengths of both our organizations.”
The Ascott limited said this move reinforces its strategy of expanding branded, upscale accommodations in India’s tier‑2 destinations, aligning with its wider goal to double its Indian portfolio to 12,000 units by 2028.
Highlights:
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Ascott has signed a 120‑unit Oakwood aparthotel in Tirupati.
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The development includes dining, an Oakbar, a pool and gym.
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The initiative targets both pilgrimage and business guests.
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The scheme reflects Tirupati’s growth as a spiritual and economic destination.
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Ascott has reinforced its expansion into tier‑2 Indian cities.
