Tata Group backed Indian Hotels Company (IHCL) announced on Thursday that it has entered into sharesubscription and share purchase agreements to acquire around 51% shareholding in Brij Hospitality PrivateLimited, for an...
IHCL exits Taj GVK after selling 25.52% stake
The Indian Hotels Company announced on Tuesday that it has sold its entire shareholding in Taj GVK Hotels & Resorts, formally ending its ownership relationship with the company. In a stock exchange filing, the now...
Chalet Hotels acquires resort property in Udaipur for ₹171 crore
Chalet Hotels announced the proposed acquisition of a company owning a resort property in Udaipur, Rajasthan, with around 150 rooms, on Thursday. The company said the acquisition is at a proposed consideration of ₹171...
United Hospitality Management expands into India with acquisition of Rosastays
Luxury and mixed use hospitality management firm United Hospitality Management (UHM) said it has officially entered the Indian market, through the acquisition of boutique hospitality brand Rosastays. The company’s India...
Leela Palaces acquires 25% stake in Dubai’s Sofitel The Palm FZE
Brookfield-backed Leela Palaces, Hotels and Resorts on Thursday announced that its wholly owned overseas subsidiary, Aries Holdings, through its subsidiary Boron Holdings, has acquired 25 per cent of Sofitel The Palm...
IHCL acquires majority stake in wellness retreat brand Atmantan
Tata Group-backed Indian Hotels Company Limited (IHCL) has signed definitive agreements to acquire 51% stake in Sparsh Infratech Private Limited, the owning company of the luxury wellness retreat brand Atmantan, located...
Indian Hotels, ITC, EIH, others in race for Pune’s Crowne Plaza
Indian Hotels, ITC Hotels and EIH Ltd are among hospitality companies to have shown interest in acquiring Crowne Plaza, a Pune-based five-star hotel owned by Advantage Raheja group, said people aware of the development...
Indian Hotels, EIH, ITC join race for JW Marriott Bengaluru
Indian Hotels, EIH and ITC Hotels are among leading hospitality companies that have shown interest in acquiring the luxury hotel JW Marriott in Bengaluru, according to documents seen by ET. As many as 40 companies...
PRISM-backed Sunday PropTech to acquire 12 hotels in FY26 expansion push
Sunday PropTech, also known as OYO Assets, said on Wednesday that it plans to acquire 12 hotels in FY26 as part of efforts to expand its portfolio of premium and mid-premium properties. The hotel asset management...
Ventive Hospitality to acquire a 76% stake in Soham Leisure Ventures
Ventive Hospitality has announced that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures, owner of the Hilton Goa Resort and a land parcel in Goa. The company said in line...
IHCL acquires shares in subsidiary for over Rs 100 cr
Indian Hotels Company Limited (IHCL) on Tuesday said it has invested over Rs 100 crore to acquire more than 2 lakh shares of its wholly-owned subsidiary ELEL Hotels and Investment Limited via rights issue. ELEL Hotels...
Hunch Ventures takes over Jamie Oliver India restaurants
Global investment firm Hunch Ventures is acquiring casual and fine-dine chain Jamie Oliver Restaurants in India from London-based consumer investor platform International Market Management (IMM) which held 51% stake in...
