Credit rating agency, CRISIL has re-affirmed ‘BBB-/Stable’ rating to Rs 30 crore bank facilities of Advani Hotels and Resorts (India).
The rating continues to reflect the benefits that the company derives from the extensive experience of its promoters in the hospitality industry and established position of its hotel in Goa.
Advani Hotels operates a five-star luxury beach resort, The Ramada Cravela Beach Resort, comprising 192 rooms, 4 suites, and 6 villas, located at Varca beach, Goa. The registered office of the company is located at Nariman Point, Mumbai.
