ITC Hotels acquires Ahd-based GHK Hospitality | Kolkata News
Kolkata: ITC Hotels has acquired a 100% equity stake in Ahmedabad-based GHK Hospitality and Infrastructures, which owns Welcomhotel Ahmedabad, for the enterprise value of Rs 155 crore. The hotel is currently operated by ITC under an operating services agreement. The acquisition is expected to be consummated within the current quarter.The 130-room upper-upscale business hotel has…
