Kahraman Yigit

Mr. Kahraman Yigit, Co-founder & CEO of Olive by Embassy.

“The Union Budget 2025-26 recognizes tourism as a key driver of employment-led growth and extending infrastructure benefits to hotels in 50 select destinations is a welcome move. The sector anticipated infrastructure status, GST reforms, tourism incentives, and increased investment in travel infrastructure to drive growth and ease financial access. The focus on spiritual and medical tourism, visa waivers, and regional connectivity through the UDAN scheme will further boost domestic and international travel, unlocking new opportunities for the hospitality sector. At Olive by Embassy, we see these initiatives as a step toward creating a more vibrant, accessible, and investment-friendly ecosystem for hospitality in India.”

Please find below the company profile and spokesperson’s profile for your reference.

Olive by Embassy:

Introduced in 2019, Olive by Embassy is the co-living and hospitality wing of the Embassy Group. Olive is a multi-brand hospitality tech operating platform with multiple revenue avenues from management, design, and technology.

Olive’s vision is to organize & institutionalize the accommodation market in India and beyond. The company’s mission is to become the largest hospitality company in India.

The company is currently present in 42 locations across Bengaluru, and Goa, with 1,921 keys, and is aiming to add another 4,500+ keys within the next 12 months, including entry into new markets like Mumbai and Hyderabad.

Currently, Olive runs four brands — Olive Life, Olive Zip, Olive Hotel, and Select Olive — ranging from co-living and budget stays to luxury resorts, hotels, and villas. Each Olive property operates in both short-term and long-term stay formats while providing the comfort of the home as well as the flexibility of a hotel.

Olive by Embassy aims to become the next-gen living community in India.