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

Pune continues to attract strong interest from hospitality and real estate players due to its growing IT sector, improving infrastructure, and rising business travel. Adding to this momentum, Olive by Embassy has announced its entry into Pune with two new hotel properties. The launch reflects increasing confidence in Pune’s western business corridors and highlights the city’s potential as a long-term hospitality investment destination.

Olive by Embassy, the tech-led hospitality brand of Embassy Group, announced the launch of two hotels in Pune on February 2, 2026. The two properties together will offer a total of 78 rooms. The first property, Olive Hotel Baner, will have 48 rooms, while the second, Olive Hotel Wakad, will offer 30 rooms. This marks Olive’s first operational presence in Pune.

The selection of Baner and Wakad highlights a focused strategy. Both locations are well-established micro-markets that combine business activity with strong residential demand. Baner is known for its corporate offices, retail zones, and social infrastructure, while Wakad serves as a key residential and commercial hub for professionals working in Hinjewadi and Pimpri-Chinchwad.

One of the biggest strengths of these locations is their closeness to major IT corridors. Hinjewadi, recognised as one of India’s largest IT hubs, lies close to Wakad and Baner. This ensures steady demand from business travellers, consultants, and long-stay corporate guests. Easy access to offices reduces commute time and improves convenience for working professionals.

Both Baner and Wakad benefit from strong road connectivity. Wakad offers direct access to the Mumbai–Pune Expressway, making it suitable for regional business travel. Baner enjoys good connectivity to central Pune and other commercial districts. These infrastructure advantages increase the attractiveness of these locations for hospitality development.

Olive by Embassy operates on a tech-enabled hospitality model that focuses on efficiency, smart operations, and guest convenience. The company uses AI-driven systems to manage hotel operations, improve service delivery, and optimise costs. This model is designed to meet the needs of modern business travellers who prefer quick, reliable, and well-managed accommodation.

According to the company, Pune will play a key role in Olive’s West India growth plans. The city’s expanding employment base, growing startup ecosystem, and consistent infrastructure upgrades make it a strong market for organised hospitality. Pune also benefits from a steady inflow of corporate visitors throughout the year.

Olive by Embassy has shared ambitious plans for Pune. The company aims to develop more than 40 hotels with over 1,200 rooms in the city by 2030. Target locations include Hinjewadi, Pimpri-Chinchwad, Hadapsar, Kalyani Nagar, Viman Nagar, MG Road, and Koregaon Park. These areas are known for strong business activity and rising real estate demand.

At a national level, Olive by Embassy plans to add over 100 new hotel locations in 2026. The brand is already present in cities like Bengaluru, Mysore, Chikmagalur, and Vijayawada. Recent initiatives include the launch of Open Hotels, a remote AI-operated hotel concept, and a partnership with Hilton to develop Spark hotels across India.

The entry of Olive by Embassy strengthens Pune’s organised hospitality segment. It also supports the broader real estate ecosystem by increasing demand for commercial zones, mixed-use developments, and business-friendly infrastructure. Such investments indicate long-term confidence in Pune’s economic growth.

Olive by Embassy’s launch of two hotels in Baner and Wakad marks an important milestone in Pune’s hospitality landscape. With a focus on technology, strategic locations, and business travel demand, the brand is well-positioned to benefit from Pune’s continued growth. As the city evolves into a stronger commercial and lifestyle hub, such developments are expected to drive both hospitality and real estate investment in the years ahead.