MG Muthu Group of Companies (MGM), the Rs. 900 crore conglomerate into diversified businesses ranging from logistics, distillery to hospitality, formally announced the launch of their newest acquisition in the city - a boutique business hotel - MGM Mark Whitefield. 

Centrally located in Bangalore's IT Hub - Whitefield, the MGM Mark Whitefield has 76 well appointed rooms done up in carefully selected art pieces.

Mr MGM Anand, Managing Director of the MGM Group said, "Bangalore is a vibrant city with a climate conducive, both in the literal sense and in business parlance. It was impossible for us at MG Muthu Group of Companies to resist the attractive opportunities in the hospitality segment emerging from Bangalore." 

The acquisition and re-launch of MGM Mark Whitefield spells the beginning of MGM's plans for the city of Bangalore. Bangalore being a key IT sector, MGM Group has recognized the fact that hospitality of international standards in the form of hotels and serviced apartments is the need of the hour. Hence, care is taken that each of the locations chosen are central, competitively priced and manned by well-trained staff.

Speaking on the occasion, Mr Ajai Kacker, Vice President, MGM Group said, "Our growth plan will have strong roots in the hospitality sector. Acquisition and rebranding of all properties, present and future is on the cards."

However, MGM Mark Whitefield is not a first for the MGM group in the hospitality sector in Bangalore. Tranquil Orchards Suites, a set of serviced apartments located in Sadashivnagar was their maiden venture.

Now the group has set its sights on a number of locations and plans to commence projects in the near future. Bangalore with its suburbs and its well planned micro-markets has shown immense potential. The MGM Group has based its plans on the forecast provided by industry experts and trend watchers as well as experience with the MICE segment and Travel and Tourism.

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