Tag: Kumarakom resort
HOSPITALITY ITC Hotels Set To Acquire Kumarakom 5-Star Luxury Resort For ₹205 Cr

ITC Hotels Ltd will acquire 100% stake in The Zuri Hotels and Resorts Pvt Ltd, which owns a luxury resort in Kumarakom, Kerala, for an enterprise value of ₹205 crore on a cash-free, debt-free basis. The acquisition, subject to repayment of certain debts and customary obligations, involves a total cash consideration of ₹175 crore and […]

CW Bureau · May 15, 2026