Mumbai, Dec. 9 -- The upcoming hotel will be operated under a management agreement, reinforcing the company's asset-light expansion strategy.

The 36-key property, located in Tapovan, offers convenient access to the River Ganga, prominent ashrams, and the region's adventure tourism hubs. Designed to serve both spiritual travellers and adventure enthusiasts, the hotel will feature well-appointed rooms, a multi-cuisine restaurant, banquet and conference facilities suited for destination weddings and corporate events, along with wellness amenities such as a spa and fitness centre.

Chander K. Baljee, chairman & managing director, said, "Rishikesh holds unparalleled importance in India's tourism landscape, blending spiritual heritage with adr...