Olive by Embassy Debuts in Pune with Two New Business Hotels in Baner and Wakad

Olive by Embassy Enters Pune Hospitality Market

On 2 February 2026, Olive by Embassy, the tech-led hospitality brand of Embassy Group, announced its entry into Pune with the launch of two strategic properties: Olive Hotel Baner (48 keys) and Olive Hotel Wakad (30 keys).

Located in two of Pune's most active business–lifestyle micro-markets, the hotels are designed to serve the city's thriving IT corridors, corporate hubs, and fast-growing residential catchments.

Strategic Locations Serve Distinct Market Segments

Once known primarily as a university town, Pune has rapidly transformed into a major IT and Global Capability Centre (GCC) hub, leading to a sharp rise in business travel.

Olive Hotel Baner positions itself in an established commercial district. The Baner-Balewadi-Wakad corridor has large IT parks, MNC campuses, and a growing GCC ecosystem. Baner sits at the intersection of the Mumbai–Pune Expressway and Pune's western IT corridor, putting it within minutes of Hinjewadi while still being close to established business districts like Aundh and Shivaji Nagar.

Olive Hotel Wakad captures proximity to the primary IT hub. Perfectly positioned in high-demand Wakad for Hinjewadi commuters and long-stays, it offers immediate access to Westgate Business Park and Mumbai-Pune Expressway. Hinjewadi is India's largest IT hub, with rapid infrastructure growth and surging business travel.

Technology-Driven Operations Model

Both hotels use Olive's AI-powered model, offering fast check-in, self-service facilities, and smart room management for a seamless guest experience.

Pune as West India Anchor

For Olive, Pune serves as a key anchor for its West India expansion strategy, with plans to scale to 40+ hotels and 1,200+ keys in Pune by 2030, with a focus on high-growth corridors including Hinjewadi, Pimpri Chinchwad, Hadapsar, Kalyani Nagar, Viman Nagar, MG Road, and Koregaon Park.

Nationally, Olive by Embassy is on track to add 100+ locations in 2026, building on its growing footprint across Bengaluru, Chikmagalur, Vijayawada, Hyderabad, and Pune.

Recent Brand Innovations

The brand recently launched Open Hotels, the world's first remote, AI-native hotel operator, and signed a Strategic Licensing Agreement with Hilton to bring 150 Spark by Hilton hotels to India.

About Embassy Group and Olive

Introduced in 2019, Olive by Embassy is the hospitality wing of the Embassy Group, one of India's leading real estate developers. Founded in 1993, Embassy Group's operations now span 22+ cities, with over 100 million square feet of commercial, residential, hospitality, services, and education spaces delivered and managed.