Samhi Hotels Ltd, a branded hotel ownership and asset management platform, on Thursday said it has entered into an agreement to lease a 260-room mid-scale hotel in Hyderabad’s financial district.
The project, structured as a long-term variable lease, will be executed through Samhi’s wholly owned subsidiary, Barque Hotels Pvt. Ltd, with lessors P Pramoda, P Harika and Aurean Eskar. The arrangement links land value realisation to the hotel’s operating performance, allowing Samhi to pursue a capital-efficient growth strategy while retaining exposure to market upside.
Aurean Eskar will develop the building and hand it over to Samhi for fit-outs and branding. The estimated development cost for Samhi’s scope of work is pegged between ₹125 crore and ₹143 crore, according to the company’s stock exchange filing.
This will be Samhi’s third hotel in Hyderabad’s financial district, joining the 326-room Sheraton (including 42 rooms under development) in the upscale+ segment and the 232-room Fairfield by Marriott in the upper mid-scale category. With the new property, Samhi will offer three distinct price points in a micro-market seeing strong office space absorption and steady economic growth.
Also Read:
Samhi Hotels expects mid-teens revenue growth in FY26 on strong demand
“With this agreement, we are deepening our presence in Hyderabad’s financial district by adding a new mid-scale offering alongside our existing upscale and upper mid-scale hotels,” said Ashish Jakhanwala, Chairman and Managing Director of Samhi Hotels. “This not only enables us to serve a wider customer base but also reflects our disciplined, capital-efficient approach to growth.”
On behalf of Aurean Eskar, managing partners Pushkin Reddy and Rithwik Mali said the partnership reaffirmed the firm’s strategy of “identifying high-potential opportunities and working with trusted partners to drive growth in a dynamic market.”
The transaction remains subject to customary conditions, with the final lease deed to be executed upon receipt of necessary building sanctions.
Samhi currently operates 31 hotels with 4,806 keys across 13 cities, including Delhi-NCR, Bengaluru, Hyderabad, Chennai and Pune, under long-term management arrangements with Marriott, IHG and Hyatt.
Shares of Samhi Hotels touched an intraday high of ₹210.81 before paring gains to trade at ₹205.50, down 1.28% on the NSE at 2:08 pm.
(Edited by : Sheersh Kapoor)
