Marriott International and SAMHI Hotels on Wednesday announced that they have signed a pact to develop three new properties comprising more than 568 rooms across India. The projects with SAMHI Hotels, one of India's leading hotel ownership and asset management companies, comprising the W Hyderabad Hitec City, Bengaluru Whitefield, A Tribute Portfolio Hotel and The Westin Bengaluru Whitefield, Marriott International said in a statement. These properties are expected to open during 2026-2028, elevating the two companies' joint efforts to expand their footprint in the country. "With 153 operating properties in India, we are focused on strengthening our presence in the country and are optimistic that this will position us well to meet the strong demand for both leisure and business travel," Rajeev Menon, Marriott International President, Asia Pacific excluding China, said. SAMHI Hotels Chairman, Managing Director and Chief Executive Officer Ashish Jakhanwala said, "We are collaborating
Samhi Hotels share price scaled up to 9.12 per cent at Rs 204 per share on the BSE in Wednesday's intraday deals
As per the filing, the hotel will be completed through the conversion of an office building located on the main arterial road of Hitec City
Innmar Tourism and Hotels, incorporated in October 2003, had a turnover of Rs 24.76 crore in FY24