Olive by Embassy Enters Pune with Two New Hotels in Baner and Wakad- Key Highlights
- Launch: Olive by Embassy, the tech-enabled hospitality brand of Embassy Group, debuted in Pune on 2 February 2026 with Olive Hotel Baner (48 rooms) and Olive Hotel Wakad (30 rooms).
- Locations: Baner offers corporate accessibility with social and lifestyle amenities, while Wakad provides direct access to Hinjewadi IT hub, Westgate Business Park, and Mumbai-Pune Expressway.
- Technology-driven operations: Both hotels use Olive’s AI-powered model, offering fast check-in, self-service facilities, and smart room management for a seamless guest experience.
- Expansion plans: Pune anchors Olive’s West India growth with 40+ hotels and 1,200+ keys by 2030, while nationally, the brand targets 100+ new locations in 2026.
Olive by Embassy, the technology enabled hospitality venture of the Embassy Group, forayed in Pune market by launching two hotel properties, Olive Hotel Baner and Olive Hotel Wakad, together having 78 rooms. The company's news was made public on 2 February 2026.
- Olive Hotel Baner being the bigger of the two, has 48 rooms
- Olive Hotel Wakad has 30 rooms
The two are situated in the prime business, lifestyle micro markets of Pune, one of the fastest growing business and residential hubs in India.
According to company representatives, the dual launch is a pivotal step in Olive by Embassy’s aggressive metro expansion strategy, aiming to establish a strong presence in India’s top urban markets. “Pune is emerging as a powerhouse for IT, innovation, and enterprise,” said Kahraman Yigit, CEO and Co-founder, Olive by Embassy. “Our goal is to provide smart, tech-enabled hospitality solutions that keep pace with the city’s dynamic professional lifestyle, while delivering seamless convenience for both corporate and long-stay guests.”
Targeting Punes business and tech corridors
Two buildings have been planned to be most convenient for business travelers and guests who stay for a long time. Olive Hotel Baner is in a well known Baner area that gives a great working environment to companies but still, is very close to recreational and social places. Olive Hotel Wakad, located in the very popular area of Wakad, offers direct access to the Westgate Business Park and Mumbai Pune Expressway, which makes it the best place for professionals coming to the Hinjewadi IT hub for work.
Olive by Embassy uses its unique AI powered operating model to run all of its properties, which allows for fast check in, self service facilities, and intelligent room management, according to the company. Through mixing technology and hospitality, we are able to provide our guests with an experience perfectly suited to the new way of life where convenience and speed are the main points, Yigit said.
Expansion plans
- West India focus: Pune anchors Olive’s West India growth, with plans for 40+ hotels and over 1,200 keys by 2030. Key corridors include Hinjewadi, Pimpri Chinchwad, Hadapsar, Kalyani Nagar, MG Road, Viman Nagar, and Koregaon Park.
- National presence: Olive aims to launch 100+ new locations in 2026, building on its network in Bengaluru, Mysore, Chikmagalur, Vijayawada, and now Pune.
- Innovations: Recent developments include Open Hotels, the world’s first remote AI operator, and a Hilton partnership for 150 Spark hotels, highlighting the brand’s tech-forward approach.
Olive by Embassy is looking at the country's expansion opportunities through the launch of over 100 new locations in 2026, which will be a step forward of the present footprint in Bengaluru, Mysore, Chikmagalur, Vijayawada, and now Pune.
Market outlook
As per Mordor Intelligence, the India hospitality market size reached USD 27.96 billion in 2026, and it is projected to reach USD 55.67 billion by 2031, registering a 14.76% CAGR over the forecast period. Growth is driven by a larger domestic travel base, a rising middle-income population, and improved air and road connectivity that increases travel frequency. Domestic visitor spending has been rising and is expected to continue, highlighting the sector’s reliance on local travelers across leisure, pilgrimage, and business segments.
Airports in India have more than doubled over the past decade, while government programs are expanding destination and pilgrimage infrastructure, creating new investable locations. Foreign tourist arrivals are recovering, supported by destination marketing and digital tools that simplify planning and booking. Hospitality operators are adopting asset-light models to reduce capital risk and leveraging digital strategies to retain repeat customers through proprietary channels. Overall, the market demonstrates strong growth potential fueled by domestic demand, improved connectivity, and strategic industry adaptation.
By unveiling Olive Hotel Baner and Olive Hotel Wakad, Olive by Embassy targets making a significant impact in Pune, thus providing a mixture of accessibility, effectiveness, and modern hospitality, and at the same time, laying down a plan for further growth in India's top metropolitan markets.
Image- oliveliving.com
