Samhi Hotels Expands Marriott Partnership With Two New Navi Mumbai Properties

Samhi Hotels Limited ( (IN:SAMHI) ) has provided an update.

Samhi Hotels Limited, through its wholly owned subsidiary Duet India Hotels (Navi Mumbai) Private Limited, has signed operating agreements with Marriott Hotels India and its affiliates for two hotel assets in Navi Mumbai, Thane, Maharashtra. The properties are planned as a roughly 350-room upper-upscale hotel under the Westin brand and a roughly 350-room upper mid-scale hotel under the Fairfield by Marriott banner.

The new agreements deepen Samhi’s strategic partnership with Marriott and extend the company’s presence in the important Navi Mumbai–Thane hospitality corridor. By adding both an upper-upscale and an upper mid-scale offering, Samhi is broadening its branded portfolio, which is likely to enhance its positioning with corporate travelers and tourism flows in the region and may support improved asset utilization and long-term growth.

More about Samhi Hotels Limited

Samhi Hotels Limited is an Indian hotel ownership and asset management company focused on developing and operating branded hotels across key urban markets. Through wholly owned subsidiaries such as Duet India Hotels, it partners with global hotel operators to position properties across segments from upper mid-scale to upper upscale, targeting business and leisure demand in high-growth cities like Navi Mumbai and Thane.

Average Trading Volume: 32,500

Technical Sentiment Signal: Sell

Current Market Cap: 36B INR

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