Samhi Hotels’ co-founder on deploying PE money and expansion pipeline in mid-scale hotels

Samhi Hotels, founded in 2010 by Manav Thadani, Steve Rushmore and Ashish Jakhanwala, aims to build and own hotels in the economy and midscale segments. It raised $25 million from GTI Capital and $75 million from Equity International in 2011. Samhi Hotels has also entered into joint ventures with two ......