Juniper Hotels Limited — JV/Acquisition, 27-11-2025: Acquisition
27-11-2025 | 12:26 pm
27-11-2025 | 12:26 pm
Juniper Hotels' Board has approved a plan to acquire the distressed JW Marriott Bengaluru hotel, owned by Gstaad Hotels Private Limited, through a Corporate Insolvency Resolution Process. This strategic move aims to expand Juniper's presence and accelerate long-term growth in the premium hospitality sector. The potential deal involves claims of approximately ₹1,175 Crore against Gstaad Hotels, which generated ₹246.93 Crore in turnover for FY25. The final acquisition cost and completion are contingent on NCLT approval.
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