Apeejay Surrendra Park Hotels Ltd expects to raise around Rs 350 crore from its 69-unit serviced residence project

Apeejay Surrendra Park Hotels Ltd. ( ($IN:PARKHOTELS) ) has provided an update. Apeejay Surrendra Park Hotels and Ambuja Neotia have launched The P...

Analysts see Polycab and Park Hotels showing promising momentum.

Nestled in the vibrant landscapes of Nagaland, Zone Niathu by The Park , Chumoukedima offers a soulful blend of luxury, culture, adventure, and warm hospitality a rare fusion that sets it apart. Just a 15-minute drive from Dimapur Airport and conveniently located along Asian Highway 1, this modern retreat is more than just a resortits an immersive experience crafted for the curious traveler and modern explorer. Whether you're here to uncover Nagalands hidden gems, network with fellow professionals, or simply unwind in natures embrace, Zone Niathu by The Park is your ideal getawaywhere comfort meets culture, and every stay tells a story. Discover More Than Just a Stay At Zone Niathu, every detail is thoughtfully curated to offer exceptional valuecombining wallet-friendly pricing and warm hospitality with luxurious touches and one-of-a-kind experiences. Its where great value meets grand living. The hotel features 59 elegantly designed rooms, including the ultra-luxurious Presidential Villa.

Bengaluru-based real estate giant Prestige Group is preparing to take its hospitality arm public with a planned 4,000 crore IPO, according to sources quoted by Moneycontrol. The companys board has already approved the IPO plan. Work on the Draft Red Herring Prospectus (DRHP) is in its final stages. The IPO will include amix of fresh shares and existing shares (secondary sale). According to a source, the fresh funds will be used to: - Develop new hotel properties - Reduce company debt Prestige is working with four investment banks, including Kotak Mahindra Capital and JM Financial. The DRHP is expected to be filed by the end of this month or early next month. The Prestige hospitality portfolio includes top properties such as: - Sheraton Grand Hotel & Convention Centre, Whitefield - JW Marriott, Devanahalli - Conrad by Hilton - Mulberry Shades, Devanahalli - Angsana Oasis Resort & Spa, Yelahanka - Twenty Four, Prestige Tech Park - Moxy Bengaluru Airport - The Artiste resort, Kochi The hospitality sector in India is becoming more attractive to investors.

Ahead of India's Union Budget 2025, Bajaj Broking recommends Apeejay Surrendra Park Hotels, DCX Systems, and Ion Exchange as promising stocks. These align with budget priorities on capital expenditure, manufacturing, and sustainable growth. The stocks offer significant upside potential, benefiting from sectors like hospitality, defence, and water treatment, bolstered by domestic and global demand.