Companies

Viceroy Hotels sells JW Marriott Hotel in Chennai

V Rishi Kumar Hyderabad | Updated on January 01, 2014 Published on January 01, 2014

Viceroy Hotels Limited has concluded the sale of JW Marriott Hotel property deal in Chennai.

The Hyderabad-based hospitality chain has struck the deal with Ceebros Hotels Private Limited, Chennai for Rs 480 crore after reaching a settlement with bankers for the Chennai project.

The company shares closed at Rs 21.70 up 13 per cent at BSE today.

>rishikumar.vundi@thehindu.co.in

Published on January 01, 2014
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