Bengaluru, Sept. 11 -- Prestige Hospitality Ventures Ltd plans to launch its Rs.2,700 crore maiden public offer in October, according to two people familiar with the matter, as it joins the league of hotel chains going public during a travel boom.

Prestige Hospitality's initial public offering (IPO) will be the third public listing in the hospitality sector this year after Brookfield-backed Schloss Bangalore Ltd, the operator of 'The Leela' brand; and Brigade Hotel Ventures Ltd raised Rs.3,500 crore and Rs.746 crore, respectively. The Securities and Exchange Board of India (Sebi) approved Prestige Hospitality's offer in August.

"The roadshows and marketing of the IPO have been going on," said the first person quoted above on the conditi...