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Silver Pearl Hospitality & Luxury Spaces pays Rs 3.50 crore for acquisition of hotel in South Goa

01 Jul 2022 Evaluate

Silver Pearl Hospitality & Luxury Spaces has made total payment of Rs 3.50 crore (including Advances, prior to listing on BSE) till the time, as against final consideration of Rs 6.80 crore for acquisition of Hotel premises in South Goa. The acquisition deal is likely to be completed by end of September 2022.

Silver Pearl Hospitality & Luxury Spaces is a hospitality company and operate in the mid-priced hotel sector, consisting of the upper-midscale, midscale and economy hotel segment.

Peers
Company Name CMP
The Indian Hotels Co 717.75
ITC Hotels 153.75
Mahindra Holi.&Resor 196.75
EIH 286.55
Chalet Hotels 876.35
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