LGT Global Hospitality expands Luxe Living portfolio with 19 units in Chennai

1 min read     Updated on 20 Jul 2026, 02:50 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

LGT Global Hospitality Limited expanded its Luxe Living portfolio in Chennai with 19 new units across Thillai Residency and Vinayaga Flats. The company aims to meet rising demand from corporate and leisure travellers through this strategic addition.

powered bylight_fuzz_icon
46084812

*this image is generated using AI for illustrative purposes only.

LGT Global Hospitality Limited has strengthened its presence in Chennai by expanding its Luxe Living serviced accommodation portfolio with the addition of 19 new accommodation units across two strategically located properties. This expansion aims to cater to the growing demand from business travellers, corporate guests, and long stay visitors seeking professionally managed stays.

The latest expansion includes the onboarding of Thillai Residency, a fully managed serviced apartment property comprising 18 accommodation units located at Korattur, Chennai, and one serviced accommodation unit at Vinayaga Flats in Choolaimedu, Chennai. These properties are situated in well-connected residential and commercial neighbourhoods, providing guests with easy access to key business districts, industrial hubs, healthcare facilities, and transportation networks across Chennai.

Property Name Location Units
Thillai Residency Korattur, Chennai 18
Vinayaga Flats Choolaimedu, Chennai 1
Total 19

Commenting on the development, Mr. Wilfred Selvaraj, Managing Director, LGT Global Hospitality Limited, said, "The addition of these 19 accommodation units marks another important milestone in strengthening the Luxe Living portfolio in Chennai. We continue to witness growing demand for professionally managed serviced accommodations from corporate travellers, families and long stay guests who seek comfort, convenience and dependable service. As we expand our hospitality portfolio, our focus remains on delivering quality guest experiences while increasing our presence in key markets."

LGT Global Hospitality has been consistently expanding its hospitality offerings across multiple segments, including hotels, serviced apartments, holiday homes, and travel solutions. The company remains focused on increasing its accommodation inventory in high growth markets while creating value through operational excellence and strategic partnerships.

Historical Stock Returns for LGT Global Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+16.84%+11.21%-31.26%-40.47%-40.47%

What are LGT Global Hospitality's plans for further expansion in other high-growth markets beyond Chennai?

How will the company leverage strategic partnerships to enhance its operational excellence in the serviced accommodation segment?

What impact will this expansion have on LGT's market share in Chennai's competitive hospitality sector?

like18
dislike

LGT Global Hospitality opens Nagercoil branch on June 24

1 min read     Updated on 25 Jun 2026, 01:41 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

LGT Global Hospitality Limited opened a new branch in Nagercoil, Tamil Nadu on June 24, 2026, to serve the Kanyakumari region. The branch offers services including holiday packages, corporate travel management, and visa processing. This expansion adds to the company's existing presence in Coimbatore, Pune, and Vijayawada.

powered bylight_fuzz_icon
43920673

*this image is generated using AI for illustrative purposes only.

LGT Global Hospitality Limited has expanded its operational footprint with the opening of a new branch in Nagercoil, Tamil Nadu. The branch, located at 30-A, Cave Street, Duthie School Road, near WCC College, Nagercoil – 629001, commenced operations on June 24, 2026. This strategic move aims to strengthen the company's presence in the Kanyakumari region and provide integrated travel and hospitality services to a broader customer base.

The new facility is part of the company's broader regional expansion strategy, adding to its existing network in cities including Coimbatore, Pune, and Vijayawada. By establishing a presence in Nagercoil, lgt business connextions intends to cater to the growing demand for organized travel services in the southern districts of Tamil Nadu.

Services Offered

The Nagercoil branch will provide a comprehensive suite of travel and tourism solutions designed for both corporate and individual clients. The service portfolio includes:

Service Category Description
Holiday Packages Customized Domestic & International Holiday Packages
Hospitality Hotel Bookings & Hospitality Solutions
Corporate Travel Corporate Travel Management & MICE Services
Documentation Ticketing & Visa Processing Services
Specialized Tourism Religious & Spiritual Tourism Packages

Management Commentary

Mr. Wilfred Selvaraj, Managing Director of LGT Global Hospitality Limited, emphasized the strategic importance of this expansion. He stated that the opening of the Nagercoil branch is part of the company's ongoing effort to strengthen its presence across regional markets in Tamil Nadu. The branch will enable the company to serve customers in the Kanyakumari region through its integrated travel and hospitality offerings, aligning with its objective of expanding access to organized travel services across India.

About LGT Global Hospitality Limited

LGT Global Hospitality Limited (formerly LGT Business Connexions Limited) provides integrated travel and tourism solutions. The company offers services including MICE (Meetings, Incentives, Conferences and Exhibitions), hotel bookings, cruise bookings, ticketing, visa processing, inbound and outbound travel solutions, religious tourism packages, and customized domestic and international travel experiences. The company is listed on the BSE SME platform with the scrip code 544489.

Historical Stock Returns for LGT Global Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+16.84%+11.21%-31.26%-40.47%-40.47%

What are the projected revenue contributions from the Nagercoil branch for the current fiscal year?

Does LGT Global Hospitality plan to open additional branches in other southern districts of Tamil Nadu in the near future?

How will the company differentiate its services in Nagercoil from local competitors in the travel and hospitality sector?

like15
dislike

More News on LGT Business Connextions

1 Year Returns:-40.47%