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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