PE deals in hospitality beat slump to more than double to $91.6m in India


Hotel deals are slowly picking up in India after a slump in 2016 as institutional investors and hospitality firms show increasing interest in acquiring assets in the sector which has seen some recovery during the past year.

According to property advisory firm JLL India, 2017 is poised to close hotel transactions worth around $500 million, of which deals about $100 million have already been signed. JLL India, the transaction adviser to the deal, is currently running mandates of another six hotel deals.

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