Entry into Eastern India: Sunday PropTech Limited, a PRISM-backed hospitality ownership company, has acquired an 89-room hotel in Kolkata's Rajarhat area, marking its entry into the eastern Indian hospitality market. The acquisition consideration has not been disclosed.
Expansion under Clubhouse brand: The six-storey property, built in 2017, will operate under Clubhouse, the company's mid-premium hotel brand within the Sunday Collection portfolio. The company plans to reposition and rebrand the property over the coming months.
Strategic location: The hotel is located close to Netaji Subhas Chandra Bose International Airport and commercial destinations such as Ecospace Business Park, Bengal Silicon Valley and Biswa Bangla Convention Centre. Its location provides access to business travellers and corporate guests.
Leveraging PRISM's hospitality ecosystem: Sunday PropTech plans to use PRISM's brand portfolio, technology platform, distribution network and centralised revenue management capabilities to improve the property's operating performance and guest experience.
Broader portfolio expansion: The acquisition follows the company's purchase of eight premium serviced-apartment hotels with a combined value of approximately ₹800 Cr. These properties will operate under PRISM's hospitality brands, including Sunday Hotels and Belvilla. The company is also evaluating further hotel investment opportunities across West Bengal.
