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Sayaji Hotels enters into Hotel Management Agreement with Ranjangaon Hotel LLP

03 Dec 2025 Evaluate

Sayaji Hotels has entered into the Hotel Management Agreement with the Ranjangaon Hotel LLP for the purpose of providing operational services and managing properties in line with the brand standards of the company. 

Sayaji Hotels will Manage and Operate the 4-star rated Hotel owned by Ranjangaon Hotel LLP located at Rajnangaon, Ganpati, Pune. The Hotel property will consist of 50 Hotel Rooms, 1 Banquet Hall, 2 Restaurants, Gym, SPA. The Brand Name to be used will be ‘Effotel By Sayaji’. The agreement is for 15 years from the date of commercial commencement of hotel. After which the agreement may be renewed on mutually agreed terms for each renewal period of 5 years. 

Sayaji Hotels is primarily engaged in the business of owning, operating & managing hotels.


Peers
Company Name CMP
The Indian Hotels Co 715.40
ITC Hotels 152.25
Mahindra Holi.&Resor 192.45
EIH 283.70
Chalet Hotels 846.15
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