Arjun Baljee-led Peppermint Hospitality has aggregated close to 2,200 operational hotel rooms across the country with the acquisition of Bangalore-based Boutique Hotel Management & Marketing Services Ltd, which has 60 hotels in its portfolio.
The deal gives 34-year-old Arjun, the elder son of Royal Orchid HotelsBSE -0.45 % founder Chender Baljee, access to standalone hotel properties that have an inventory of 30 to 60 rooms each and gives him elbow room to push Peppermint brand across multiple market segments.
Read more at: http://economictimes.indiatimes.com/articleshow/42086867.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The deal gives 34-year-old Arjun, the elder son of Royal Orchid HotelsBSE -0.45 % founder Chender Baljee, access to standalone hotel properties that have an inventory of 30 to 60 rooms each and gives him elbow room to push Peppermint brand across multiple market segments.
Read more at: http://economictimes.indiatimes.com/articleshow/42086867.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst