Migsun Group has partnered with Clubhouse, a hospitality brand, to develop and operate a 200-key hotel at its mixed-use Migsun Janpath project in Lucknow.

The agreement is a 28-year-long-term revenue-share lease, marking a strategic addition to the development. The hotel will cater to business travellers, social events, and leisure guests, complementing the retail, commercial, and lifestyle components of Migsun Janpath. As Lucknow experiences consistent growth in organised hospitality and mixed-use developments, the hotel aims to meet the rising demand for quality accommodations.

Yash Miglani, MD of Migsun Group, stated, “The signing of Clubhouse is aligned with our strategy of adding stabilised, income-generating assets to our mixed-use developments. Lucknow has been witnessing consistent demand across business, social, and leisure travel, which creates a strong quality case for well-located hotels. The 28-year revenue share structure ensures long-term alignment between developer and operator while allowing the asset to respond to market changes over time.”