Park Hotels to raise ₹1,050 cr in 2nd biggest hotel IPO
This IPO is poised to be the second largest in the hotels & resorts sector after Chalet Hotels’ ₹1,641 crore offering in February 2019.
This IPO is poised to be the second largest in the hotels & resorts sector after Chalet Hotels’ ₹1,641 crore offering in February 2019.
The BSE Sensex and the NSE Nifty are likely to open flat on Tuesday as market participants remain concerned about rising cases of the Omicron variant of Covid-19.
Covid-19 hasn’t dampened the spirit of Lemon Tree Hotels’ founder Patanjali Keswani. Instead, the hotelier sees this as an opportunity to expand, albeit via a more sustainable business model.
It wouldn’t be hyperbole to call Warburg Pincus a rough-weather friend for Indian entrepreneurs. Over 25 years, the private equity firm has shown its willingness to ride out the storm.