Trance Hotels Expands Portfolio with Two New Pune Properties

Trance Hotels has expanded its footprint in India’s hospitality sector by acquiring two prominent properties in Pune under a Lease Management model, effective April 1, 2026. Trance Hotels has rebranded The Oakwood Hotel and Sunderban Hotel as Trance Oakwood Hotel, Pune, and Trance Sunderban Hotel, Pune, marking a strategic move to strengthen its presence in a high-growth urban market.

Following the acquisition, Trance Hotels has initiated a comprehensive refurbishment and upgrade plan to transform both properties. The company will focus on modernizing infrastructure, enhancing service delivery, and aligning the hotels with its brand standards. As a result, guests can expect a more contemporary and elevated hospitality experience, designed to meet evolving expectations in the premium business and leisure travel segments.

Meanwhile, the operational transition is already underway, with experienced General Managers overseeing both properties. In parallel, the Pune-based Trance Hotels team is actively working to streamline operations and implement transformation initiatives, ensuring a seamless shift to the new management framework.

At the leadership level, the company draws on deep industry expertise. Veer Vijay Singh, who leads Trance Hotels, brings over four decades of experience in the hospitality sector, having started his career with the Taj Group in the 1970s. He later founded Trance International Hotels and Resort Private Limited, shaping the brand alongside Vishwaveer Singh and Suryaveer Singh. His leadership combines operational depth with long-term strategic vision, positioning the company for sustained growth.

Importantly, Trance Hotels operates on a clear philosophy: guests should not have to choose between business efficiency and luxury comfort. Instead, the brand aims to deliver a balanced experience that integrates both seamlessly, catering to modern travelers who demand convenience without compromising on quality.

Commenting on the development, a company spokesperson stated, “We are excited to bring these two well-located properties into the Trance portfolio. Our focus is on breathing new life into the hotels through thoughtful upgrades and delivering enhanced value to our guests. Pune is a dynamic market, and we see immense potential in elevating these properties to new standards.”

Overall, this acquisition reflects Trance Hotels’ broader growth strategy, as it continues to identify high-potential assets and reposition them through operational excellence and brand-led transformation. With Pune emerging as a key hospitality hub driven by business travel and urban expansion, the company looks forward to capitalizing on rising demand while strengthening its market presence.