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Twenty First Century Management Services Ltd

Samhi Hotels Ltd

BSE : 543984|NSE : SAMHI|ISIN : INE08U801020

Samhi Hotels Ltd Company History

Samhi Hotels is prominent branded hotel ownership and asset management platform in India with an institutional ownership model, experienced leadership and professional management team.

2010
2011
2012
2013
2014
2015
2016
2017
2018
2023

2010

Incorporation of the Company

2010

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2011

Initial equity investment by GTI Samhi Pte. Limited and Blue Chandra in the Company

2011

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2012

Opening of the Corporate Office in Gurugram

Acquisition of a majority stake (60%) in Barque and addition of Formule 1 hotels to the portfolio

2012

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2013

Commencement of operations at Fairfield by Marriott Bangalore Rajajinagar Hotel

2013

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2014

Investment by IFC in the Company by way of subscription to the FCCDs

Commencement of operations at Hyatt Place Gurgaon Udyog Vihar

2014

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2015

Equity investment by GSA in the Company

Commencement of operations at Sheraton Hyderabad Hotel, Fairfield by Marriott Bangalore Outer Ring Road and Courtyard by Marriott Bangalore Outer Ring Road

2015

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2016

Acquisition of 100% shareholding in Ascent, which currently owns the Hyatt Regency Pune hotel Commencement of operations at Fthe Points by Sheraton Visakhapatnam

2016

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2017

Acquisition of the remaining 40% shareholding in Barque as a result of which Barque became a wholly

owned Subsidiary of the Company

Entered into hotel operator agreements with Intercontinental Hotels Group for rebranding the portfolio of hotels, which was acquired as a result of acquisition of Barque, to Holiday Inn Express”

Commencement of operations under the Marriott brand at Renaissance Ahmedabad Hotel and Fairfield by Marriott Coimbatore

2017

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2018

Acquisition of Luxury Singapore Holding Company Pte Limited’s 33% shareholding in SAMHI JV, as a result of which the Company acquired 100% shareholding of SAMHI JV

Commencement of operations at Holiday Inn Express Pune Hinjewadi, Holiday Inn Express Chennai OMR Thoraipakkam, Holiday Inn Express Gurgaon Sector 50, Holiday Inn Express Bengaluru Whitefield ITPL, Holiday Inn Express Ahmedabad Prahlad Nagar, Holiday Inn Express Hyderabad Banjara Hills, Holiday Inn Express Hyderabad Hitech City, Holiday Inn Express Nashik Indira Nagar, Holiday Inn Express Pune Pimpri and Holiday Inn Express Yeshwanthpur Bengaluru

Commencement of operations at Fairfield by Marriott Bengaluru Whitefield, Fairfield by Marriott Pune Kharadi, Fairfield by Marriott Goa Anjuna, Fairfield by Marriott Sriperumbudur Hotel

2018

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2023

Acquisition of the ACIC SPVs which includes 962 keys across six operating hotels in the Upper Midscale segment under the Fairfield by Marriott and Fthe Points by Sheraton brands and a parcel of land for the development of a hotel under the Upper Mid-scale segment in Navi Mumbai, Maharashtra

2023

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