Star Asia Group Buys Japanese Hotel Operator Minacia skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
Prestige Estate Projects plans to double its hospitality portfolio over the next three to four years, investing Rs1700 crore. The company currently manages 1849 keys of hospitality assets across India, with the potential to generate revenue of Rs 1800 crore. The company is exploring new markets and expanding its portfolio in existing ones. The hospitality assets are generating an average occupancy rate of 70%, and the company is evaluating monetizing the portfolio to unlock value and alleviate cash flow stress.
Mutual funds cautiously raise their holdings thestatesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestatesman.com Daily Mail and Mail on Sunday newspapers.
Stock Market Today: Godrej Properties, Mahindra Lifespace, Lodha, DLF others rise up to 4.3% as Nifty Realty Index remains the largest gainer, up 1.43% post RBI MPC outcome, that kept interest rates unchanged. Should you Buy Sell or Hold the stocks?