SAMHI Hotels Limited, a leading branded hotel ownership and asset management platform in India, has announced the signing of an Agreement to Lease (ATL) through its wholly owned subsidiary, Barque Hotels Private Limited. The agreement is with Mrs P Pramoda, Mrs P Harika, and Aurean Eskar (collectively referred to as the “Lessors”) for a new mid-scale hotel comprising approximately 260 rooms to be developed within a mixed-use project in Hyderabad’s Financial District.

The building will be constructed by Aurean Eskar and handed over to SAMHI for fitouts and branding. The estimated development cost for SAMHI’s scope of work is expected to be between Rs 1.25 billion and Rs 1.43 billion.

This transaction has been structured as a long-term variable lease, strategically linking land value realisation to the hotel’s operating performance. This alignment allows SAMHI to benefit from market upside while maintaining a capital-efficient expansion model.

Aurean Eskar recently completed One Golden Mile, a 500,000 sq ft premium commercial tower in Hyderabad’s Kokapet Business District, which is now fully leased and houses a mix of boutique offices and high-street retail.

The new mid-scale hotel will become SAMHI’s third property in the Financial District, complementing its existing presence with the Sheraton (326 rooms, including 42 under development) in the Upscale+ segment and the Fairfield by Marriott (232 rooms) in the Upper Mid-Scale segment. With this addition, SAMHI will offer a comprehensive range of pricing options, targeting diverse customer segments within this rapidly developing micro-market.

This move reinforces SAMHI’s strategy of building scale and density in high-growth micro-markets by offering multiple branded hotel formats. The approach is designed to optimise portfolio returns and create long-term value.

The agreement remains subject to customary post-signing conditions, including the receipt of necessary building sanctions, following which the final lease deed will be executed.

Commenting on the agreement, Mr Ashish Jakhanwala, Chairman and Managing Director of SAMHI Hotels Ltd, stated:

“With this agreement, we are deepening our presence in Hyderabad’s Financial District by adding a mid-scale offering alongside our existing upscale and upper mid-scale hotels. This strengthens our ability to serve a wider customer base and demonstrates our disciplined, capital-efficient approach to growth. The long-term variable lease structure aligns performance and capital prudence, ensuring value-accretive expansion.”

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InterContinental Hotels ( (GB:IHG) ) has issued an announcement.

InterContinental Hotels Group PLC announced the purchase of 33,350 of its ordinary shares on the London Stock Exchange, as part of a buyback program authorized by shareholders. This move is aimed at optimizing the company’s capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value.

The most recent analyst rating on (GB:IHG) stock is a Hold with a £87.00 price target. To see the full list of analyst forecasts on InterContinental Hotels stock, see the GB:IHG Stock Forecast page.

Spark’s Take on GB:IHG Stock

According to Spark, TipRanks’ AI Analyst, GB:IHG is a Neutral.

InterContinental Hotels Group’s overall score reflects strong earnings call performance and technical momentum, offset by financial stability concerns and a high valuation. The company’s strategic initiatives and share buybacks are positive, but financial leverage remains a risk.

To see Spark’s full report on GB:IHG stock, click here.

More about InterContinental Hotels

InterContinental Hotels Group PLC is a prominent player in the hospitality industry, offering a wide range of hotel services and accommodations globally. The company focuses on delivering exceptional guest experiences across its various hotel brands, catering to both business and leisure travelers.

Average Trading Volume: 461,224

Technical Sentiment Signal: Strong Buy

Current Market Cap: £13.55B

Find detailed analytics on IHG stock on TipRanks’ Stock Analysis page.

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Visitors to Bangkok tend to fall into two categories: those who love the buzz of the city centre around the Siam area, or those who prefer the quiet of the Chao Phraya River.

Already home to some of the city’s most prestigious hotels – including branches of Mandarin Oriental, The Peninsula and Shangri-La – the Chao Phraya riverfront has been revitalised with recent developments. Iconsiam, a gargantuan mall that has become a destination in its own right, along with the arrival of Capella Bangkok, the first Thai outpost of the Singapore-based chain, have put the area back on the map.

Part of the Chao Phraya Estate – a luxury complex that also includes the Four Seasons Hotel Bangkok, located next door – Capella Bangkok opened to little fanfare in October 2020, smack in the middle of the pandemic. But it made headlines last year when it was awarded the No 1 spot in the second edition of The World’s 50 Best Hotels, and also earned the title of Best Hotel in Asia.

What makes Capella Bangkok special is the way the property’s 101 suites and villas fully embrace riverfront living. With its floor-to-ceiling windows providing unobstructed views of the river and the lush greenery of its surrounds, Capella Bangkok prizes relaxation and privacy over buzz – you stay there for the scenery rather than the scene, so to speak. Even at full occupancy, you’ll rarely run into fellow guests, making your visit to Bangkok very different from what you would expect from one of the world’s noisiest and most crowded metropolises.

To fully experience the utmost serenity the property offers, you should book one of the Verandah Suites – their spacious terraces are equipped with jacuzzi plunge pools and cabanas. Alternatively, try one of the river-facing resort-style villas with private plunge pools and tropical gardens – the only accommodation of this kind in Bangkok.

The villas are near Auriga Wellness, the hotel’s spa, where you can indulge in tailored facials performed with products from cult skincare label Biologique Recherche. There are also body treatments featuring signature oil blends as well as products from Moringa Project, a Thai wellness brand that makes use of the seed of the moringa tree.