Hyderabad, Aug. 7 -- Olive Hospitality, the hospitality arm of the Embassy Group, on Friday announced the opening of Olive Hotel Hi-Tech City, a 61-key property in Hyderabad's IT corridor, strengthening its presence in one of the country's fastest-growing business destinations.

The hotel is aimed at catering to corporate travellers and business professionals, the company said in a release here.

The property is situated near the campuses of leading technology companies, including Google, Microsoft, Amazon, Infosys and TCS.

Announcing the launch, Olive Hospitality Co-founder and CEO Kahraman Yigit said Hyderabad continues to be one of India's most dynamic business and technology markets, and the new hotel reflects the company's strategy of...