Partnership29 Feb 2024, 09:36 pm
Chalet Hotels Ltd acquires Ayushi and Poonam Estates LLP for Rs.3150 Million
AI Summary
Chalet Hotels Ltd has acquired Ayushi and Poonam Estates LLP, owning entity of Courtyard by Marriott, Aravalli Resort in the National Capital Region (NCR) for Rs.3,150 Million. The acquisition is in line with the Company’s expansion strategy to diversify the portfolio to include leisure properties.,
Key Highlights
- Acquisition of Ayushi and Poonam Estates LLP for Rs.3,150 Million
- Expansion of leisure portfolio
- Increase in presence in the National Capital Region (NCR) }