M3M India, a leading real estate firm, has entered into a collaboration with Oravel Stays, the parent company of OYO Hotels & Homes, to introduce a luxury hotel under the 'SUNDAY' brand in Gurugram. The agreement, which was formalized through a Memorandum of Understanding (MoU), marks the expansion of the 'SUNDAY' hotel brand into the Indian market. The proposed hotel will offer 220 premium rooms, spread over a sprawling area of 1.69 lakh square feet, located on the prominent Southern Peripheral Road (SPR) in Gurugram.
Strategic Location and Partnership Goals
The hotel's strategic location on SPR places it at the heart of Gurugram, making it an ideal destination for both business and leisure travelers. This partnership is part of a broader initiative to develop 15 lakh square feet of luxury hospitality space across multiple locations in Gurugram and Noida, ultimately delivering 1,000 keys. Sudeep Bhatt, President of M3M India, emphasized that this collaboration aligns with their shared vision of creating world-class commercial spaces that embody luxury and convenience.
Expanding the 'SUNDAY' Brand Footprint
Aditya Sharma, Business Head at Oravel Stays Pvt Ltd, highlighted the significance of this partnership in expanding the 'SUNDAY' brand within the luxury hotel segment. Starting with Gurugram, which has become a hub for social events, domestic tourism, and long-term international guests, the collaboration aims to enhance the brand's presence in metro cities.
The Evolution of the 'SUNDAY' Brand
Launched in May 2023, the 'SUNDAY' hotel brand was born out of a joint venture between the Softbank Group and Oravel Stays. Since its inception, the brand has quickly expanded its footprint, with the first 'SUNDAY' hotels opening in Jaipur, Vadodara, and Chandigarh, followed by international launches in London and Dubai. This latest partnership with M3M India represents another significant milestone in the brand’s growth.
M3M India's Expansive Project Portfolio
M3M India continues to strengthen its presence in the real estate sector with a diverse portfolio of 56 projects across various domains. This new venture into premium hospitality further demonstrates the company’s commitment to delivering exceptional spaces that cater to the evolving needs of modern consumers.By collaborating with OYO's Oravel Stays, M3M India is poised to set new standards in the luxury hospitality sector, beginning with the launch of the 'SUNDAY' hotel in Gurugram. This partnership not only enhances the offerings in the region but also contributes to the broader vision of creating world-class hospitality destinations in India.