This is to inform that Barque Hotels Private Limited, wholly owned subsidiary of the Company has on 27th August 2025 executed an Agreement to Lease (ATL) for a ~260 room Mid-scale hotel, ....
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Samhi Hotels' wholly-owned subsidiary Barque Hotels has signed an Agreement to Lease (ATL) on 27 August 2025 for a ~260-room Mid-scale hotel in Hyderabad's Financial District, to be built as part of a mixed-use project. SAMHI's estimated development cost (fitouts and branding) is around ₹125–143 crore. The building shell will first be developed by Aurean Eskar Homes LLP, after which SAMHI will take possession for hotel fitouts. The lease is structured as a long-term variable lease, tying land value to hotel operating performance and limiting fixed lease obligations. This adds a third brand (alongside Sheraton and Fairfield by Marriott) in the Financial District micro-market, broadening SAMHI's price-point coverage in a high-growth area.
The variable-lease structure keeps balance sheet risk low while adding ~260 keys to an already strong micro-market, which should support future revenue and occupancy diversification. For shareholders, this signals disciplined, capital-efficient portfolio expansion, though near-term cash flows will be impacted by the ₹125–143 crore development outlay.