Hospitality group targets six upcoming hotel openings, with signed projects in Jim Corbett and Vrindavan marking its expansion beyond Rajasthan.
Jaipur, 23 October 2026: Black Rock Hotels & Resorts has announced an expansion pipeline of approximately 900 rooms, marking a new phase for the Rajasthan-based hospitality company as it moves beyond third-party hotel management into hotel ownership and expands into new markets across North India.
The company currently operates seven hotels with approximately 950 rooms and is targeting six additional hotel openings through 2027. The expansion includes its first owned hotel in Udaipur, two signed properties in Jim Corbett, Uttarakhand, and a hotel project in Vrindavan, Uttar Pradesh. The proposed additions are expected to take Black Rock’s total inventory close to 2,000 rooms, subject to development progress and opening schedules.
This partnership contributes to Black Rock Hotels & Resorts ’s evolving strategy, reflecting broader activity in new hotel agreements.Kingsbury Udaipur to Mark Entry into Hotel Ownership
The centrepiece of the expansion is Kingsbury, a 241-room hotel under development in Udaipur, which will mark Black Rock’s entry into hotel ownership. Located alongside a lake and surrounded by hills, the property is scheduled to commence operations with approximately 160 rooms in March 2027.
The project has been designed with extensive infrastructure for destination weddings, conferences and large social gatherings. Planned facilities include two ballrooms measuring approximately 4,000 sq. ft. and 14,000 sq. ft., an 11,000 sq. ft. courtyard, a 6,000 sq. ft. pool deck, a 10,000 sq. ft. rooftop event space and three lakeside venues. The property will also feature five garden spaces ranging from approximately 10,000 to 50,000 sq. ft.
Expansion into Jim Corbett and Vrindavan
Beyond Rajasthan, Black Rock has signed two hotel projects in Jim Corbett, comprising 115 and 135 rooms, respectively, with openings indicated for October 2027. The company has also signed a project in Vrindavan, establishing its presence in Uttar Pradesh.
These additions will expand Black Rock’s geographical reach while supporting its focus on destinations where weddings, conferences and leisure travel contribute to hotel demand. The six planned openings through 2027 form part of the company’s broader expansion strategy.
Revenue-Sharing Model Supports Growth
Commenting on the expansion, Anshul Bhargava, Founder and Chairman, Black Rock Hotels & Resorts, said,
“We have built our business around operating hotels where weddings, conferences and leisure contribute substantially to revenue. Our next phase is about taking that experience into new markets while also developing assets of our own. Udaipur will be an important milestone because we have been able to plan the property around the operational requirements of these segments. With a sizeable pipeline ahead, we are moving towards a larger, geographically diversified portfolio while remaining focused on commercial viability and operating performance.”
The expansion also reflects Black Rock’s distinctive management approach. Unlike conventional hotel management agreements that are primarily based on management fees, the company operates through revenue-sharing arrangements. Under this model, Black Rock assumes responsibility for staffing, operating expenditure and day-to-day hotel management, while providing property owners with an agreed share of revenue.
The addition of owned assets will introduce a second growth model alongside these management agreements, allowing the company to participate directly in hotel development while continuing to expand through partnerships with independent property owners.
Building a Diversified Hospitality Portfolio
With its next phase of development underway, Black Rock is positioning itself as a larger hospitality owner-operator, focusing on destination resorts, weddings, meetings, incentives, conferences and exhibitions (MICE), and leisure markets.
The planned expansion will increase the company’s inventory from approximately 950 rooms to close to 2,000, subject to project timelines. Its entry into hotel ownership, alongside new projects in Uttarakhand and Uttar Pradesh, represents a significant step in diversifying its portfolio and broadening its presence beyond Rajasthan.
