Juniper Hotels Limited has announced its move to acquire the prized JW Marriott hotel property in Bengaluru, currently owned by the insolvent Gstaad Hotels Private Limited.
In a regulatory filing to the stock exchanges on Thursday, the hotel chain informed that its Board of Directors, in a meeting held on November 26, 2025, has approved the company’s participation in the Corporate Insolvency Resolution Process (CIRP) of Gstaad Hotels.
The target asset is the five-star hotel situated at 24/1, Vittal Mallya Road in Bengaluru. According to the disclosure, the proposed acquisition is a strategic move to revive a distressed asset and is aligned with Juniper’s long-term growth strategy in the premium hospitality…