Samhi Hotels approves acquisition of 100% shares of Innmar Tourism and Hotels for Rs 2,050 million

SAMHI Hotels has approved the acquisition of 100% of Innmar Tourism and Hotels for ?205 crore. The acquisition is part of SAMHI’s strategy to expand its footprint in the Indian hospitality sector, which has seen a steady recovery post-pandemic. By integrating Innmar’s properties, SAMHI aims to strengthen its presence in key tourist destinations across India. This acquisition also highlights the increasing consolidation in the hospitality industry, as companies seek to capitalize on growing domestic tourism. The deal is expected to enhance SAMHI’s operational efficiency and contribute to long-term growth.