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Apeejay Surrendra Park Hotels Ltd. ( (IN:PARKHOTELS) ) has issued an update.
Apeejay Surrendra Park Hotels Ltd. has signed a Memorandum of Understanding with Katsons Hotel and Developer Private Limited and Mr. Ved Parkash Kataria to acquire on lease and manage four properties in Goa, Manali, Shimla, and Dharamshala, totaling 138 rooms. This strategic move aligns with the company’s expansion into high-potential leisure destinations, enhancing its market position in Goa and the growing tourist market of Himachal Pradesh.
More about Apeejay Surrendra Park Hotels Ltd.
Apeejay Surrendra Park Hotels Ltd. is a company operating in the hospitality industry, focusing on managing and leasing hotel properties. The company is known for its hospitality brand and aims to expand its presence in high-potential leisure destinations.
Average Trading Volume: 70,475
Current Market Cap: 35.06B INR
For detailed information about PARKHOTELS stock, go to TipRanks’ Stock Analysis page.