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Brookfield Asset Management is reportedly planning to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts. The Canada-based asset manager had earlier committed to investing over 1,500 crore in the hotel chain, which was the largest-ever foreign investment in the Indian hospitality sector. The move comes as India s hospitality sector has rebounded strongly post-Covid-19, with a surge in demand for premium experiences. Other luxury operators like Marriott International have also seen a rise in deals, indicating a positive trend in the sector. ....
Juniper Hotels Ltd, operating under the Hyatt brand, made a modest entry into the market on Wednesday. The shares were issued at Rs 360., Markets News, Times Now ....
Juniper Hotels lists at 1.4% premium; find out what's the right strategy for this stock - IPO News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Juniper Hotels shares listed at a premium on NSE and BSE. The IPO scraped through with 2x subscription. The company raised Rs 810 crore from anchor investors. The net proceeds of Rs 1,500 crore will be used for repayment and general corporate purposes. Juniper Hotels is co-owned by Saraf Hotels and Two Seas Holdings, an affiliate of Hyatt Hotels Corp. ....