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Byke Hospitality to acquire and develop Neelkanth Hotel at Himachal Pradesh

15 Nov 2012 Evaluate

Byke Hospitality has received an approval for acquisition and development of the new upcoming venture - Neelkanth Hotel at Manali, Himachal Pradesh.  Beside, the company also received an approval for on-going development of the Aronda property near Goa as a Center for World class Ayurvedic Spa and Medical Tourism. The company’s board gave its approval on November 9, 2012.

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.

Peers
Company Name CMP
The Indian Hotels Co 741.95
ITC Hotels 158.70
Mahindra Holi.&Resor 200.05
EIH 305.05
Chalet Hotels 878.20
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