News on Medial

Samhi Hotels' big bet: transitioning old office buildings into luxury hotels

Livemint · 3m

Samhi Hotels Ltd is transforming old office buildings into luxury hotels, a trend initially seen in the US and China. They leased a building in Hyderabad's Hitech City to become a 170-175-room hotel managed by Marriott's W Hotel brand. This strategy allows faster, cost-effective growth, minimizing capital expenditure. With a portfolio spanning various segments, Samhi plans to add hotel rooms in cities like Bengaluru and Pune, aiming to boost their five-star offerings.