Family offices reportedly committed nearly ₹2,000 crore to hotels in India’s pilgrimage towns

The Economic Times, citing Noesis Hotel Advisors, reports that family offices committed nearly ₹2,000 crore to hotels at religious destinations in the 12–18 months before October 2026. The newspaper describes a nearly completed 137-room hotel acquired in Udupi and a 108-room property under development in Salasar Balaji, part of a shift toward branded, professionally managed hotels.