# Sayaji Hotels to Operate New Bilaspur Property Under ENRISE BY SAYAJI Brand

> Sayaji Hotels signed a hotel management agreement for a Bilaspur property under ENRISE BY SAYAJI, with Phase 1 covering at least 70 rooms and Phase 2 adding 40.

- Published: 2026-10-31T14:28:21+00:00
- Section: Partnerships
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-31/sayaji-hotels-bilaspur-management-agreement
- Source: [ScanX](https://scanx.trade/stock-market-news/companies/sayaji-hotels-enters-management-agreement-bilaspur-property/54999586)

## Key takeaways

- Sayaji Hotels signed a hotel management agreement for a premium property in Bilaspur, Chhattisgarh, operating under the ENRISE BY SAYAJI brand.
- Phase 1 of the Bilaspur project covers a minimum of 70 key rooms, and Phase 2 adds a minimum of 40 key rooms.
- Sayaji Hotels filed the intimation with BSE Limited on October 31, 2026, under Regulation 30 of the SEBI LODR Regulations, 2015.

Sayaji Hotels has signed a hotel management agreement to operate a new premium property in Bilaspur, Chhattisgarh, under its ENRISE BY SAYAJI brand. [ScanX](https://scanx.trade/stock-market-news/companies/sayaji-hotels-enters-management-agreement-bilaspur-property/54999586) reported that the company filed the intimation with BSE Limited on October 31, 2026.

## How the Bilaspur Project Is Structured

The agreement covers operational and management services for the Bilaspur hotel, which is planned as a premium property. The project is structured in two phases: Phase 1 will comprise a minimum of 70 key rooms, while Phase 2 will add a minimum of 40 key rooms. According to ScanX, the phased approach allows for staged capital deployment and market entry.

The move reinforces [Sayaji Hotels](https://akta.pro/company-profiles/003e4a1/sayaji-hotels)' focus on asset-light expansion through management contracts. By leveraging its established brand standards under the ENRISE BY SAYAJI label, the company aims to capture demand in tier-2 cities without bearing the full capital expenditure of ownership. The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

## Sayaji Hotels' Portfolio Scale

According to akta.pro [company records](https://akta.pro/company-data), Sayaji Hotels operates a five-brand Indian hospitality portfolio of 12,000 keys across 113 cities, serving leisure and business travelers, wedding hosts through its Shubh Vivah vertical, and hotel owners through franchise and management contracts. The company was founded in 1982 and is headquartered in Mumbai. Its records list a revenue estimate of $100 million-$250 million and a valuation estimate of $100 million-$250 million.

## Earlier Sayaji Hotels Expansion Moves

In August 2026, Sayaji Hotels disclosed that it had signed a management agreement to operate an 80-room property in Bhavnagar, Gujarat, as a star-category Effotel brand outlet, ScanX reported. Also in August 2026, Sayaji Raipur launched a series of curated monsoon hospitality packages, including weekend escapes, long-stay offers, wedding celebrations, and outdoor catering services, according to passionateinmarketing.com. In October 2026, Sayaji Hotels (Indore) passed two resolutions via postal ballot on October 21, including a special resolution to enhance borrowing limits and an ordinary resolution for material related party transactions, ScanX reported.

## Companies in this story

- [Sayaji Hotels company profile](https://akta.pro/company-profiles/003e4a1/sayaji-hotels) · website: https://www.sayajihotels.com

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