In a strategic move reflecting the evolving dynamics of India’s hospitality investment landscape, SAMHI Hotels Limitedhas announced the transfer of its Caspia Hotel to Deventure Hotels & Resorts Private Limited for an aggregate consideration of INR 65 crore, executed through a slump sale structure.
The transaction underscores SAMHI’s continued focus on optimizing its hotel portfolio and strengthening its position as one of India’s leading owners of branded hospitality assets. For Deventure Hotels & Resorts — a rapidly expanding hospitality group with a strong presence across North India — the acquisition marks a significant step in its growth strategy, further deepening its footprint in the mid-to-upscale hotel segment.
The deal was advised by Economic Laws Practice (ELP), with Abhishek Sanyal (Partner) leading the transaction, supported by Jishnu Dhar (Principal Associate) and Kingshuk Saha (Associate). Strategic guidance was provided by Sujjain Talwar (Co-Founding Partner).
The acquisition of Caspia Hotel highlights renewed investor confidence in India’s hospitality sector, driven by sustained demand recovery, strong RevPAR growth, and rising appetite for quality branded assets.
Source: Bar and Bench
