Advani Hotels & Resorts (India) has informed that the Company’s International Licence and Training agreement with Wyndham Hotel Asia Pacific for ‘Ramada’ brand is valid up to January 31, 2017 midnight. In view of the above, the Company’s resort ‘Ramada Caravela Beach Resort, Goa’ will be renamed as ‘Caravela Beach Resort, Goa’ with effect from January 31, 2017 midnight.
The above information is a part of company’s filings submitted to BSE.