SAMHI Hotels Ltd. announced on February 24, 2026, that its subsidiary has executed operating agreements with Marriott International affiliates. These agreements cover two new properties located in Navi Mumbai and Thane, Maharashtra. The expansion adds approximately 700 rooms to SAMHI’s managed portfolio under Marriott’s brands, further solidifying a strategic partnership between the two entities.
SAMHI Expands Portfolio Through Marriott Agreements
SAMHI Hotels Ltd. formally disclosed the signing of new operating agreements on 24th February 2026. The agreements were executed between Duet India Hotels (Navi Mumbai) Private Limited, a wholly owned subsidiary of SAMHI, and Marriott Hotels India Private Limited and its affiliates (“Marriott”). This development is explicitly stated to further expand SAMHI’s partnership with Marriott International.
Details of the New Hotel Assets
The executed agreements pertain to two specific hotel assets located in the rapidly developing region of Navi Mumbai and Thane, Maharashtra. The newly integrated hotels will operate under two distinct Marriott brands, significantly increasing SAMHI’s asset count under management:
- An Upper Upscale hotel, comprising approximately 350 rooms, which will operate under the Westin brand.
- An Upper Mid-Scale hotel, also comprising approximately 350 rooms, which will operate under the Fairfield by Marriott brand.
In total, this strategic move brings approximately 700 rooms under the operational framework of Marriott brands managed by SAMHI. The formal disclosure was authorized by Sanjay Jain, Senior Director – Corporate Affairs, Company Secretary and Compliance Officer.
Source: BSE
