Sherator Four Points had set up a new property at Waltair road in Visakhapatinam. The new hotel had come up under a tripartite
agreement, where Mr. Sarat Kumar Reddy is the owner, while JHM an American firm will manage the hotel. The property will have
126 furnished rooms and has 1.75 lakh square feet and covered parking area of 75,000 sq.feet. The hotel's interior is designed by
Ritu Bhatia of PID Singapore, and also has a lounge bar "Waves" and speciality restaurant - "Panache"