LGT Global Hospitality Expands Luxe Living Portfolio by Adding 19 Accommodation Units in Chennai

LGT Global Hospitality Expands Luxe Living Portfolio by Adding 19 Accommodation Units in Chennai​

LGT Global Hospitality Limited has significantly strengthened its presence in Chennai with the expansion of its Luxe Living serviced accommodation portfolio. The company added 19 new accommodation units across two strategically located properties, catering to a growing market of business, corporate, and leisure travelers.

The latest additions include Thillai Residency, a fully managed serviced apartment property boasting 18 units located in Korattur, Chennai. Additionally, the expansion incorporated one serviced unit at Vinayaga Flats in Choolaimedu, Chennai.

With this inventory increase, LGT continues to enhance its range of professionally managed serviced accommodations, which serve corporate guests, long stay visitors, and leisure tourists seeking quality, convenience, and value. These newly added properties are situated in highly connected residential and commercial neighborhoods, ensuring easy access for guests to key business districts, industrial hubs, healthcare facilities, and transportation networks across the city.

Mr. Wilfred Selvaraj, Managing Director of LGT Global Hospitality Limited, commented on the development, noting that the addition of 19 units is a major step in reinforcing the company's Luxe Living portfolio in Chennai. He stated that they continue to see increasing demand for professionally managed serviced accommodations from corporate travelers, families, and long stay guests who prioritize comfort and dependable service.

The expansion reflects LGT Global Hospitality’s commitment to offering reliable accommodation solutions tailored to the evolving needs of modern travelers while maintaining a focus on delivering quality guest experiences.

LGT Global Hospitality Limited operates as a diversified travel and hospitality company. The firm provides integrated travel and tourism solutions for both corporate and individual clients, including MICE (Meetings, Incentives, Conferences and Exhibitions), hotel bookings, cruise arrangements, ticketing, visa processing, religious tourism packages, and customized domestic and international travel experiences.

Stock Price Movement​

As of 14:41, shares of LGT Global Hospitality Ltd are ticking down, currently trading at ₹45.11, reflecting a decline of 1.27%. The stock navigated an intraday range, pulling back from the high of ₹47.97 to find support near the daily low of ₹45.11.