Joint Venture15 Nov 2025, 06:21 pm
Sayaji Hotels Ltd Enters 15-Year Hotel Management Agreement with Siddharta Desert Resort LLP
AI Summary
Sayaji Hotels Limited has entered into a Hotel Management Agreement with The Siddharta Desert Resort LLP for managing and operating a 5-star hotel located at Kadel, Pushkar, 305022. The agreement has a term of 15 years, which can be renewed every 5 years. The hotel property consists of 200 hotel rooms, banquet halls, restaurants, a gym, and a swimming pool. The brand name to be used will be determined by Sayaji Hotels Ltd.
Key Highlights
- Sayaji Hotels Ltd enters a 15-year Hotel Management Agreement with Siddharta Desert Resort LLP
- The agreement covers managing and operating a 5-star hotel in Pushkar
- The hotel property consists of 200 rooms, banquet halls, restaurants, a gym, and a swimming pool
- The agreement can be renewed every 5 years after the initial 15-year term
- The brand name to be used will be determined by Sayaji Hotels Ltd