Aitken Spence Group acquires Indian hotel
View(s):Aitken Spence Hotel Managements (South India) Pvt. Ltd has purchased a 143-room, 5-star hotel in India’s southern city of Chennai at a purchase price of US$25 million.
The company is owned by the Sri Lanka-based group’s hotel subsidiary which owns and manages several properties in Sri Lanka, the Maldives, India, the Middle East and some other centres.