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Samhi gives old offices a luxury makeover
Mint Mumbai
|December 31, 2024
The hospitality firm is taking old offices on lease, turning them into hotels
Going against the trend of building from scratch, which takes long, Samhi Hotels Ltd in November took an empty office building on a long-term lease in the Hitech City area of Hyderabad to convert it into a 170-175-room hotel under the W Hotel brand, to be managed by Marriott International.
The property will metamorphose into a luxury hotel and will be launched by FY27. Ashish Jakhanwala, chairman, managing director and CEO of the Gurugram-based hospitality company, claimed that this will be the first-ever initiative of converting an office building into a hotel in the country.
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