Companies

Lalit group buys property in London

The Lalit Suri Hospitality Group, an enterprise of Bharat Hotels Ltd., has announced its entry into the European market with the acquisition of a hotel property in London — The Lalit London.

The hotel is expected to be opened to the public by the end of 2014 followed by the properties in Thailand and Dubai. The property was acquired at a guide price of £15 million. The group will be investing around £12-13 million in restoration and development. The hotel is located in the heart of London. The Lalit London will have 70 rooms and suites.



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Printable version | Apr 8, 2020 3:32:50 PM | https://www.thehindu.com/business/companies/lalit-group-buys-property-in-london/article3926939.ece

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