StockWatch
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Hotels & Resorts
Business Update1 Jun 2026, 06:51 pm

Sayaji Hotels Enters Management Agreement in Tadoba, Maharashtra

AI Summary

Sayaji Hotels Ltd has entered into a Hotel Management Agreement to provide operational and management services for a hotel property located in Tadoba, Chandrapur, Maharashtra. The proposed hotel, "The Forest Chapter" by Sayaji, will feature 20+ rooms and is planned as a star category property. This agreement aligns with the company's expansion strategy in key Indian markets and aims to strengthen its presence in the southern region.

Key Highlights

  • Sayaji Hotels to manage a new hotel property in Tadoba, Maharashtra.
  • The hotel will operate under "The Forest Chapter" brand.
  • The property will feature 20+ rooms as a star category hotel.
  • Agreement supports Sayaji's strategic expansion plans in India.