Suba Hotels capacity expansion announcements

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels signed a term sheet to operate a 46-key Click Hotel in BKC, Mumbai. The revenue-sharing deal runs 15 years with a 10-year extension option.

Execution

15 years, with a further 10-year extension by mutual agreement

hotel rooms (keys)

46.0 rooms

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels opened its 7th hotel, Quality Inn Serenity, in Lucknow with 36 rooms under a management agreement. It is the third Choice Hotels portfolio property.

hotel rooms

36 rooms

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels opened its 7th Bengaluru property, Click Hotel Galaxy at Mylanahalli, with 54 rooms and an in-house restaurant. This expands the company's hospitality footprint in Karnataka.

hotel rooms

54 rooms

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels signed a 10-year franchise-management term sheet for a 40-key Quality Inn in Bodinayakanur, Tamil Nadu. This expands its asset-light portfolio in the region.

Execution

10 years (with 10-year lock-in)

hotel guest rooms (keys)

40 rooms

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels Limited signed a revenue-sharing agreement to operate 'Comfort Inn' in Govardhan, Uttar Pradesh. The 42-room property expands its asset-light management portfolio for 15 years.

Execution

15 years

Capacity ExpansionSuba Hotels Ltd SUBAHOTELS

Suba Hotels Capacity Expansion

Suba Hotels signed term sheets for management agreements for three hotels in Bengaluru, Madhya Pradesh, and Hyderabad. The expansion adds 179 new guest rooms.