BCM Group has announced the acquisition of Bengaluru’s five-star hotel, The Golden Palms Resorts and Spa. With 100 per cent asset acquisition from World Resorts Limited (WRL), the group has taken full ownership of the luxury hotel and plans to transform it into a premier wedding destination and MICE facility in India.
Commenting on the acquisition, Rajesh Mehta, Managing Director, BCM Group said, “We are excited about the future prospect of The Golden Palms. By upgrading the property to meet international standards and enhancing its offerings, it’s our humble attempt to deliver a Luxury Urban Resort, benchmarked as one of the finest wedding destinations and MICE facilities for the country. The resort's world-class amenities and strategic location in Bengaluru will cater to the growing demand for high-quality MICE venues, contributing to India's goal of becoming a global economic powerhouse through enhanced business and market engagement. We are in the process to collaborate with some of the world's top hospitality operators to achieve this goal. We look forward to welcoming guests from around the globe to experience the refreshed and revitalised Golden Palms, which we believe will become a beacon of hospitality and a cornerstone of our legacy.”
BCM Group's existing luxury hospitality portfolio also includes 5-star properties such as Sheraton Grand Palace in Indore and Le Meridien in Surat (handover underway), along with an upcoming 450+ key Taj Hotel in Indore.