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Mumbai  ·  Dubai

Hospitality

A century of hospitality in India

Our family’s involvement in hospitality began in Bombay in 1903, and we opened our first hotel in 1984.

Today our hospitality interests span a listed hotel company, in which our owners are promoters, and hotels owned and operated by UBF directly.

We develop and own luxury and upper-upscale hotels in India’s leading cities, working with international operators including Hyatt, Hilton and Marriott. Our properties are chosen for their locations and held for the long term.

India’s hospitality market is growing with the country’s economy, its cities and its travel: a strong foundation for a business built over more than a century.

India’s leading cities need world-class hotels. We develop them in partnership with the world’s leading operators.

1903

Since

3,517 keys

Seven hospitality assets in Mumbai, Goa and New Delhi, operating and under development, held through the two listed companies.

Advent Hotels International Limited

Listed in India · Our owners are among its promoters

Advent Hotels International creates, owns and manages luxury and upper-upscale hotels in prime locations. Listed on the NSE and BSE in November 2025 following its demerger from Valor Estate, its portfolio includes the Grand Hyatt Goa and the Hilton Mumbai International Airport.

2025

Listed

Hotels — operating and under development

As disclosed by Advent Hotels International and Valor Estate.

Bambolim, Goa · Operating since 2011

Grand Hyatt Goa

313 keys on a twenty-eight-acre estate on the Bambolim coast. An expansion is under way.

Sahar, Mumbai · Operating since 1998

Hilton Mumbai International Airport

171 keys adjacent to the international terminal; more than a quarter of a century of continuous operation.

Aerocity, New Delhi · Under construction

Marriott Marquis Delhi Aerocity

590 keys.

Aerocity, New Delhi · Under construction

St. Regis Delhi Aerocity

189 keys.

BKC, Mumbai · Planned

Riverwalk, BKC

A 1,175-key hotel within a twenty-acre mixed-use development opposite the new High Court complex.

UBF Hotels

Independently of Advent, UBF owns and operates its own hotels, continuing a family involvement in hospitality that began with a café in Bombay in 1903.

These properties are held directly by the family for the long term.

India’s hotel sector is growing with its economy, its cities and its travel, and demand for quality rooms in the major metros continues to exceed supply.

UBF Holdings

1984

First hotel

Four

Generations

Our Businesses