Partnership15 Apr 2026, 05:51 pm
SAMHI partners Ingka Centres for 162-room upscale hotel in Noida
AI Summary
Samhi Hotels Ltd has secured a partnership with an affiliate of Ingka Centres to lease an upscale ~162-room hotel in Sector 51, Noida. This hotel will be integrated into Ingka Centres' upcoming ~2.5 million sq. ft. mixed-use development. Under the agreement, Ingka will lease the building, including the facade and high-side engineering, while SAMHI will undertake the interior fit-outs. This strategic move reinforces SAMHI's presence in the Delhi NCR market, enhances its portfolio with premium inventory, and aligns with its capital-efficient growth strategy. The partnership is expected to increase SAMHI's Upper Upscale & Upscale inventory by 7% and its total inventory by 3%.
Key Highlights
- SAMHI partners Ingka Centres to lease a 162-room upscale hotel in Noida.
- Hotel will be part of Ingka's ~2.5 million sq. ft. mixed-use development.
- SAMHI to invest in interior fit-outs; Ingka leases the building structure.
- Strengthens SAMHI's presence in Delhi NCR with a high-quality asset.
- Increases Upper Upscale & Upscale inventory by 7%, total inventory by 3%.
Price Impact
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