Byke Hospitality is planning to acquire hotels at Shimla and Manali on long lease thereby expanding the company’s brand ‘THE BYKE’ presence countrywide. The board at its meeting held on August 13, 2012 has discussed the acquisition and taken the note of it.
Last year in October, the company had acquired a Beach Resort of 240 rooms spread over 17 acres of land touching one side the river and other side the Arabian sea located at Cavelossim Beach, Salcete in South Goa on lease for a period of 12 years.
The Byke Hospitality (formerly Suave Hotels) is one of the emerging operators of premium class heritage hotels at various tourist and business destinations of India.
| Company Name | CMP |
|---|---|
| Indian Hotel | 665.55 |
| ITC Hotels | 150.40 |
| EIH | 292.65 |
| Chalet Hotels | 744.85 |
| Mahindra Holi.&Resor | 235.05 |
| View more.. | |
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