Suba Hotels Limited Secures Multiple New Management and Franchise Deals Across India

Suba Hotels Limited Secures Multiple New Management and Franchise Deals Across India​

Suba Hotels Limited is expanding its asset-light portfolio with the signing of three new Term Sheets for management and franchise agreements, covering properties in Bengaluru, Madhya Pradesh, and Hyderabad. These strategic arrangements are designed to strengthen the company's presence across key business and leisure markets while adhering to its growth strategy.

The newly secured deals involve implementing Suba Hotels Limited’s established brand standards and operational framework across diverse market segments. The agreements encompass properties branded 'Click Hotel' and 'Comfort Inn', detailing specific scopes of work, asset descriptions, and contractual terms for the operators.

Key details regarding each property agreement are provided below:

Management and Franchise Projects Overview​

Bengaluru Airport Property (Click Hotel)
Suba Hotels Limited has entered a Term Sheet to manage the Click Hotel located at Bengaluru International Airport. This agreement involves Galaxy Air Suites as the owner, granting Suba the right to operate, market, and supervise the property under its established brand standards. The operational hotel includes 54 guest rooms across six floors, one restaurant, and basement parking facilities. The Term Sheet covers a 10-year term, with a lock-in period of 6 years.

Madhya Pradesh Property (Click Hotel)
A second agreement for the Click Hotel brand involves Shivhare Hotels & Motels Pvt. Ltd. in Dhooma, Madhya Pradesh. This management contract provides Suba Hotels the scope to operate and market the property. The site boasts 60 guest rooms across ground and three floors. Infrastructure includes two restaurants, approximately 5,000 sq. ft. of covered banquet space, a gymnasium, a swimming pool, and a function lawn spanning approximately 60,000 sq. ft. This agreement is set for 14 years and 11 months.

Hyderabad Property (Comfort Inn)
Suba Hotels Limited has also committed to the Comfort Inn brand in Shamshabad, Hyderabad, through a Franchisee and Management Agreement with the owner, Mr. B. Y. Naveen, among others. The property is proposed to comprise 59 guest rooms across ground and six floors, featuring a terrace. Operational scope includes one restaurant, one banquet hall, and dedicated space for a gymnasium and spa. This agreement spans 15 years, including a 9-year lock-in period.

Summary of Key Agreements​

The operational specifications and terms of the three agreements are detailed in the table below:


The agreements collectively support Suba Hotels Limited’s objective of expanding its asset-light management portfolio while enhancing brand visibility across crucial regional business and leisure destinations throughout India.

SUBAHOTELS Stock Price Movement​

As of 12:00 PM, shares of Suba Hotels Limited are slipping by 2.93% in live trading, currently valued at ₹106.00 as they trade lower than yesterday's close. The stock trades on a volume of 4,800 shares, yet remains above the day’s low of ₹105.70.