Samhi Hotels Limited has informed the Exchange about signing of operating agreement(s) by Duet India Hotels (Navi Mumbai) Private Limited, wholly owned subsidiary of the Company on 24th February 2026 in relation to their assets situated in Navi Mumbai, Thane, Maharashtra, with Marriott Hotels India Private Limited & its affiliates ("Marriott"). The signing will further expand SAMHI's partnership with Marriott. For more details, please refer to attached disclosure.
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Samhi Hotels' wholly owned subsidiary, Duet India Hotels (Navi Mumbai) Private Limited, has signed operating agreements with Marriott Hotels India Private Limited and its affiliates for two hotels in Navi Mumbai, Thane, Maharashtra. The first will operate as a Westin (Upper Upscale brand) with approximately 350 rooms, and the second as a Fairfield by Marriott (Upper Mid-Scale brand) with approximately 350 rooms. This expands SAMHI's existing partnership with the Marriott group. The disclosure was filed under SEBI Listing Regulations on 24 February 2026.
Adding two more Marriott-branded hotels strengthens SAMHI's brand portfolio and revenue base, likely positive for the stock as it signals growth in room inventory and access to Marriott's global distribution and loyalty network.