SAMHI To Acquire 70 Per Cent Stake In RARE India
ECONOMY & POLICY

SAMHI To Acquire 70 Per Cent Stake In RARE India

SAMHI Hotels Limited (SAMHI) has received board approval to acquire a 70 per cent stake in RARE India (RARE), marking SAMHI’s entry into experiential leisure via an asset-light platform. The company expects to finalise definitive agreements by May 2026 and has signed a memorandum of understanding for an affiliation with Marriott International to operate RARE properties under the Outdoor Collection by Marriott Bonvoy across India, Nepal, Bhutan and Sri Lanka. SAMHI plans to finalise the affiliation after the acquisition is completed.

Founded in 2003, RARE is one of India’s earliest curated experiential hospitality platforms, established by Shobha Rudra. The platform comprises 67 hotels with 990 rooms across more than 15 states in India and has presence in Nepal and Bhutan. The arrangement will allow RARE to evolve into an integrated business-to-consumer distribution and experiential brand while remaining independently operated, preserving its community of heritage property owners and discerning travellers.

The partnership expands SAMHI’s reach to about 100 hotels across owned and affiliated properties and represents its first asset-light leisure investment. SAMHI’s commitment is expected to be Rs470 million (Rs470mn), covering a primary capital infusion into RARE and a limited secondary purchase of shares, with funds directed to management, technology, distribution upgrades and marketing. The structure aims to limit capital exposure while offering long-term upside from distribution expansion and brand strengthening.

Company leadership characterised the acquisition as a strategic adjacency that complements SAMHI’s focus on business and gateway markets without changing its balance sheet strategy. The founder and the RARE team are said to remain committed to responsible tourism and to preserving the curation discipline that differentiates the platform, while Marriott is expected to extend its loyalty ecosystem and global distribution to the curated collection. The company cautioned that forward-looking statements in the release are subject to risks and actual results may differ materially.

SAMHI Hotels Limited (SAMHI) has received board approval to acquire a 70 per cent stake in RARE India (RARE), marking SAMHI’s entry into experiential leisure via an asset-light platform. The company expects to finalise definitive agreements by May 2026 and has signed a memorandum of understanding for an affiliation with Marriott International to operate RARE properties under the Outdoor Collection by Marriott Bonvoy across India, Nepal, Bhutan and Sri Lanka. SAMHI plans to finalise the affiliation after the acquisition is completed. Founded in 2003, RARE is one of India’s earliest curated experiential hospitality platforms, established by Shobha Rudra. The platform comprises 67 hotels with 990 rooms across more than 15 states in India and has presence in Nepal and Bhutan. The arrangement will allow RARE to evolve into an integrated business-to-consumer distribution and experiential brand while remaining independently operated, preserving its community of heritage property owners and discerning travellers. The partnership expands SAMHI’s reach to about 100 hotels across owned and affiliated properties and represents its first asset-light leisure investment. SAMHI’s commitment is expected to be Rs470 million (Rs470mn), covering a primary capital infusion into RARE and a limited secondary purchase of shares, with funds directed to management, technology, distribution upgrades and marketing. The structure aims to limit capital exposure while offering long-term upside from distribution expansion and brand strengthening. Company leadership characterised the acquisition as a strategic adjacency that complements SAMHI’s focus on business and gateway markets without changing its balance sheet strategy. The founder and the RARE team are said to remain committed to responsible tourism and to preserving the curation discipline that differentiates the platform, while Marriott is expected to extend its loyalty ecosystem and global distribution to the curated collection. The company cautioned that forward-looking statements in the release are subject to risks and actual results may differ materially.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement