Latest Breaking News On - Tata group backed indian hotels company - Page 1 : comparemela.com

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.

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