Grand Continent Hotels Signs MoU for New Hotel Operations

Grand Continent Hotels Limited (NSE: GCHOTELS) has announced the signing of a Memorandum of Understanding (MoU) for the operation of a new hotel property. The agreement marks another step in the company’s aggressive expansion strategy, which has already seen multiple new properties added to its portfolio in FY26.

The MoU paves the way for Grand Continent Hotels to move toward a definitive lease and rental agreement, ensuring long-term operational control of the property. The new hotel will feature modern amenities including spacious rooms, a reception lobby, fitness facilities, and parking, designed to cater to both business and leisure travelers.

This development underscores the company’s asset-light, franchise-led growth model, which focuses on expanding operational scale while maintaining efficiency. The move is expected to boost brand presence in key markets and strengthen revenue streams in the coming quarters.

Key Highlights

• MoU Signed: For operation of a new hotel property
• Expansion Strategy: Reinforces asset-light, franchise-led model
• Facilities Planned: Rooms, lobby, gym, parking
• Market Impact: Strengthens hospitality footprint and revenue potential
• Growth Outlook: Aligns with ongoing portfolio expansion across India

Source: Company exchange filing, Business Standard