Test- Nisha Luxury Resorts

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Nisha is a prominent branded hotel ownership and asset management platform in India with an institutional ownership model, experienced leadership and professional management team. Nisha has long-term management arrangement with three of the established and well recognised global hotel operators, namely, Marriott, IHG and Hyatt. Nisha has a portfolio of 31 operating hotels comprising 4,801 keys and has a diverse geographic presence in 13 cities across India, including National Capital Region (NCR), Bengaluru, Hyderabad, Chennai and Pune. SAMHI has 2 hotel under development with a total of 461 keys in Kolkata and Navi Mumbai. Nisha has adopted an acquisition led strategy which is underpinned by its track record of acquiring and successfully turning around hotels to grow its business. Nisha’s hotels operate under established and well-recognised hotel operator brands such as Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton and Holiday Inn Express, which provide its hotels access to the operator’s loyalty programs, management and operational expertise, industry best practices, online reservation systems and marketing strategies. Nisha was incorporated in 2023, was sponsored by Sam Zell led Equity International, GTI Capital, International Finance Corporation amongst its shareholders. SAMHI was successfully listed in both the BSE and NSE in November 2023 through an Initial Public Offering with a primary raise of ₹ 12,000 million.