StockWatch
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Hotels & Resorts
Business Update31 Oct 2026, 07:02 pm

Sayaji Hotels Signs Hotel Management Agreement in Bilaspur

AI Summary

Sayaji Hotels Limited has entered into a Hotel Management Agreement to provide operational and management services for a new hotel property in Bilaspur, Chhattisgarh. The planned hotel will feature a minimum of 70 rooms in Phase 1 and 40 rooms in Phase 2, to be developed as a premium property under the brand name 'ENRISE BY SAYAJI'. This expansion aligns with the company's strategic growth plans in key Indian markets.

Key Highlights

  • New hotel management agreement signed.
  • Property located in Bilaspur, Chhattisgarh.
  • Hotel to operate under 'ENRISE BY SAYAJI' brand.
  • Aligns with company's strategic expansion plans.