Embassy Office Parks REIT (Embassy REIT) has opened its first Hilton-branded hotel, which is located within its Embassy Manyata Business Park asset.

This 353-key hotel is part of the upcoming Hilton Hotels Embassy Manyata complex comprising 619 key dual-branded Hilton properties – Hilton Garden Inn and Hilton, and a 60,000-square feet convention centre.

When complete, it will be one of the largest hotel complexes in South India, said Embassy REIT.

The hotel has a catchment area of over 100,000 employees from 42 corporates across Grade A office assets in the business park.

“With the opening of the Hilton Garden Inn, we are delighted to provide another top-class amenity at Embassy Manyata; which is a perfect example of Embassy REIT’s philosophy to enhance the total-business-ecosystem offering that our parks deliver”, said Michael Holland, CEO of Embassy REIT.

“The hotel will offer ease and convenience to our park occupiers and their guests; and presents an integrated solution for many corporates as they return to office”, he added.

Embassy REIT was last done on the BSE at INR373.49.

Related: Undaunted by WFH, Embassy REIT sees strong office demand on unique Indian circumstances

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.