The hotels include the Hyatt Regency Pune, with 301 rooms (and upcoming 22 apartments), the Courtyard by Marriott – Bengaluru, ORR with 176 rooms, the Fairfield by Marriott – Bengaluru, ORR with 160 rooms, the Trinity Hotel – Bengaluru, Whitefield with 142 rooms which will be converted as part of Marriott’s Tribute Portfolio and an under development 220 rooms Westin Hotel, which is being added to the existing Trinity Hotel in Bengaluru.
“We are pleased to announce this transformational partnership with GIC. We have a strong track record in the hotel sector in India and GIC brings unparalleled institutional capabilities for us to benefit from. In addition to helping us strengthen our balance sheet, this partnership gives us tremendous firepower to grow our portfolio,” said SAMHI Hotels MD and CEO Ashish Jakhanwala, in a media release on Thursday.
