GIC buys 31% of Samhi Hotels assets for ₹752 Cr

GIC, Singapore’s sovereign wealth fund, is picking up a 35% stake in three hotel subsidiaries of Samhi Hotels for ₹752 crores.

The deets: Samhi Hotels is a hospitality company that owns and operates upscale and business hotels across major Indian cities. It partners with top global brands like Marriott, Hyatt, and IHG, focusing on high-demand urban locations.

This deal includes Courtyard & Fairfield by Marriott Bengaluru ORR, Hyatt Regency Pune, and Trinity Hotel in Whitefield, Bengaluru. The total enterprise value of these assets is ₹2,200 crore.

The structure is simple: GIC will co-own the properties, but Samhi will continue to run operations. The move is part of Samhi’s broader capital recycling strategy—raising funds through selective stake sales while retaining operational control.

The proceeds will help the company pare down debt and fund future expansion.

Big picture: this deal presents another piece of evidence of global money continuing to chase exposure to the Indian consumer.

Samhi’s stock jumped over 10% on the news.