Realty firm M3M India and Oravel Stays, which is the parent company of OYO Hotels & Homes, have signed an initial agreement to launch a premium hotel under ‘SUNDAY’ brand in Gurugram.
In a statement, M3M India said it has signed a Memorandum of Understanding (MoU) to launch ‘SUNDAY’ Hotel in India. This project will feature 220 keys, spanning 1.69 lakh sq ft of premium hospitality space.
The hotel is located on Southern Peripheral Road (SPR) in Gurugram.
“This collaboration is a testament to our shared vision of creating unparalleled commercial spaces that redefine luxury and convenience,” Sudeep Bhatt, President of M3M India, said.
M3M India has a portfolio of 56 projects across diverse sectors.
SUNDAY hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel Stays.
The first SUNDAY hotel was launched in Jaipur followed by Vadodara and Chandigarh in India and London and Dubai in overseas markets.
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First Published: Aug 29 2024 | 1:57 PM IST