<h1>Hospitality firm signs management agreements to develop and operate two upscale hotels totaling 244 rooms under its brand</h1> A hospitality company executed definitive management agreements with a regional operator to develop and operate two managed hotels in Andhra Pradesh and Telangana, under the company's upscale brand. The contracts obligate the management company to deliver a 117-room property in Hyderabad and a 127-room property in Nellore, expanding the company's regional footprint. The agreements reflect strategic growth and contain standard commercial commitments for operation, branding, and service delivery, with ownership remaining with the regional operator.