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Apeejay Surrendra Park Hotels Ltd. ( (IN:PARKHOTELS) ) has issued an update.
Apeejay Surrendra Park Hotels Ltd. has announced the acquisition of THALI Hotels and Destinations Private Limited and Fishermans Grove Resorts Private Limited, which includes the lakefront property ‘Purity’ and the luxury houseboat ‘Discovery.’ Additionally, the company has executed agreements to acquire ‘The Malabar House’ in Kochi, Kerala. These acquisitions are expected to enhance the company’s portfolio and consolidate its financial results, strengthening its position in the luxury hospitality market.
More about Apeejay Surrendra Park Hotels Ltd.
Apeejay Surrendra Park Hotels Ltd. operates in the hospitality industry, offering luxury hotel services and experiences. The company focuses on acquiring and managing premium properties to enhance its portfolio and market presence.
Average Trading Volume: 26,582
Technical Sentiment Signal: Sell
Current Market Cap: 28.24B INR
Find detailed analytics on PARKHOTELS stock on TipRanks’ Stock Analysis page.