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Sayaji Hotels enters into hotel management agreement for property in Gujarat

26 Aug 2026 Evaluate

Sayaji Hotels has entered into a Hotel Management Agreement for providing operational and management services for a hotel property located at Bhavnagar, Gujarat. The property is situated Bhavnagar, Gujarat. The proposed hotel will comprise 80 key rooms and is planned to be developed as a star category property, which will operate under the brand name ‘Effotel’ by Sayaji. 

This agreement aligns with the company’s strategic expansion plans in key markets across India and is expected to further strengthen its presence in the Western region.

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


Peers
Company Name CMP
The Indian Hotels Co 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
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