Ascott Signs 104 Key Citadines Udupi in Coastal Karnataka

Ascott Limited, a wholly owned subsidiary of CapitaLand Investment Limited, has signed Citadines Udupi, a 104-key serviced residence in the Karnataka coastal belt, continuing its expansion throughout India's rapidly growing hospitality and lodging industry. This will be Ascott's fourth property in the state.

Situated strategically between Mangaluru (40 km) and Udupi (25 km), the property is well-placed to service leisure as well as business travelers.

The corridor is quickly becoming a hub, featuring eco-tourism landmarks like Blue Flag beaches alongside large industrial clusters like Suzlon Hi-Tech SEZ, Padubidri Industrial Park, and New Mangalore Port Trust. 

Key Highlights:

• Ascott signs 104-key Citadines Udupi, its fourth property in Karnataka
• This strategic coastal location to serve both leisure and business travelers
• This Project is developed with SKS Sunshine, aligning with Karnataka’s tourism vision

“India is a key growth market for Ascott in Asia, and Karnataka is one of our strongest regions. The natural charm of Udupi, coupled with increasing industrial ecosystem, is a distinct opportunity." stated Hoshang Garivala, Country General Manager, The Ascott Limited.

The new property will have flexible serviced apartments with kitchenettes, all-day dining, a fitness centre, and facilities for both short- and long-stay visitors, in keeping with the Citadines brand's international positioning of flexible living.

Also Read: Citadines Oragadam: Ascott Expands Presence in Chennai

The development is being undertaken in collaboration with SKS Sunshine. "Our partnership with Ascott will introduce international hospitality standards to Udupi while embracing the cultural hospitality of the region." stated Sudharman Shetty, Director, SKS Sunshine.

With operational and pipeline projects in Bengaluru, Chennai, Hyderabad, Pune, and Goa, the introduction of Citadines Udupi reflects Ascott's emphasis on coastal and industrial development corridors. The development also aligns with Karnataka's tourism vision and sustainability agenda, with Udupi being an eco-tourism destination.