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Oriental Hotels concludes sale of land in Mysore for Rs 19.30 crore

02 Apr 2019 Evaluate

Oriental Hotels has concluded the sale transaction for the land owned by the Company in Mysore on March 30, 2019. The transaction value amounts to Rs 19.30 crore. Earlier, the company had received Board of Directors’ approval at its meeting held on March 29, 2019 for the same.

Oriental Hotels is an India-based holding company. The company is engaged in the business of hoteliering, including accommodation, restaurants and catering services.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.35
Mahindra Holi.&Resor 201.65
EIH 301.55
Chalet Hotels 883.00
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