Residency Group on expansion mode

L N Revathy Coimbatore | Updated on January 23, 2018

The Residency Group of Hotels plans to take the inorganic route to strengthen its footprint across cities. “We are looking for acquisition in Bengaluru and Hyderabad, but nothing has been finalised yet,” Ravi Appaswamy, Managing Director told BusinessLine. “However, expansion in the North will happen after stabilising our position in the South,” he said. The Group with properties in Chennai, Coimbatore and Karur is gearing up to start operations in Madurai, Mysuru and Puducherry soon.

Published on October 29, 2015

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like