The Byke Hospitality has acquired two new properties on long-term lease. The company has acquired The Byke-Grassfield Riviera in Jaipur (Ajmer Road) and Hotel Delotel in Borivali, Mumbai. The Jaipur property has 80 well-appointed rooms, swimming pool, spa, gym, cricket ground, banquet hall and party lawn, while the latter has 40 well-appointed rooms, restaurant and conference/banquet room. Shares of The Byke Hospitality closed 1.6 per cent higher at ₹163.55 on the NSE.

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