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.
Denne historien er fra December 31, 2024-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 31, 2024-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Three workplace trends have seen hype overtake the reality
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In 2025, India must play the role of peacemaker
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Is Quick Commerce Running Over Kirana?
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Should a CA buy professional indemnity insurance?
I am a newly qualified chartered accountant. I would like to start my own practice, which would focus on audit and advisory services. Would it make sense for me to buy professional indemnity insurance? How would it help?
Bhopal gas tragedy: Toxic waste moved
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DMart's Q3 revenue up 18% to ₹15,565 cr
Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported a 17.5% increase in standalone revenue from operations at ₹15,565.23 crore for the third quarter ended 31 December 2024.
Morgan Stanley quits climate group
Morgan Stanley said it has quit a global climate-banking group, joining other Wall Street firms to have left an alliance designed to support the reduction of greenhouse-gas emissions.
