Olive by Embassy Expands Pune Portfolio with Strategic Dual-Property Launch in Baner and Wakad

Olive by Embassy, a prominent hospitality brand under the Embassy Group, has announced a strategic expansion in Pune with the launch of two new hotel properties in the Baner and Wakad localities. This move signals the brand's targeted growth in key urban corridors, adding a total of 78 rooms to its portfolio. The Olive Hotel Baner, featuring 48 keys, and the Olive Hotel Wakad, with 30 keys, are positioned to cater to the rising demand for quality accommodations in these rapidly developing areas. Analysts note that this dual-property approach allows Olive by Embassy to capture diverse market segments, from business travelers in Baner's corporate hubs to visitors in Wakad's residential and commercial zones. The expansion aligns with broader trends in Pune's hospitality sector, which is experiencing increased investment due to the city's growing IT and manufacturing sectors. This development is expected to enhance the brand's competitive edge in the region, potentially setting a precedent for similar multi-location strategies by other hospitality players. The announcement underscores Olive by Embassy's commitment to strengthening its presence in India's secondary cities, reflecting confidence in Pune's economic trajectory and urban growth.