Innmar Tourism and Hotels acquired by SAMHI Hotels
The leading hotel owner and asset manager, SAMHI Hotels, has informed us that the execution of the Share Purchase Agreement (“SPA”) for the acquisition of Innmar Tourism and Hotels Private Limited (“ITHPL”) has been completed.
The acquisition includes an operating hotel featuring 142 rooms in Whitefield, Bengaluru. It will add a second hotel with 200-220 rooms, expanding the portfolio to 340-360 rooms in the Upper Upscale and Upscale segments.
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