Hotels – Manthan – What do we make of Adani’s entry into hospitality?
Published on 23 Apr 2026
Adani Airport City Ltd, a step down wholly owned subsidiary of Adani Enterprises Ltd, has incorporated 7 wholly owned subsidiaries that would engage in the business of real estate activities including hotels. These subsidiaries are formed to exploit the city side development (CSD) potential adjoining the airports owned by Adani Group. To give you some context, Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises, owns 8 airports across India. Prima facie, planned entry into hospitality is by the virtue of having access to land bank alongside the airport area.