Acquisition opportunity: A Hospitality (Hotels) entity is looking to acquire non-branded 4-star Hotels/Resort hotels having 75 keys or above.

A corporate buyer is looking to acquire non-branded 4-star Hotels/Resort hotels having 75 keys or above.

Preference:

Metro cities: Minimum 100 keys
Key Leisure destinations: Minimum 75 keys

Note:

• Valuation would be based on EBIDTA multiplier and location of the hotel.