Apeejay Surrendra Park Hotels Limited (ASPHL) announces the signing of a new hotel under the brand name THE Park in the foothills of Nainital, Uttarakhand. THE Park Hotels is the pioneer of luxury boutique hotels in India, which houses some of India's most inventive restaurants, liveliest bars and happening nightclubs.
The 65 well-appointed room hotel will be located in the periphery of the picturesque Jim Corbett National Park, India's first national park. It will offer a mix of rooms and tree houses designed to offer comfort while basking in the natural beauty. To open in Amgarhi in Nainital, the hotel will include a multi-cuisine restaurant, bar, swimming pool, spa, conference room, and open-air banquets for social and business gatherings.
Jim Corbett National Park is a part of the largest Corbett Tiger Reserve, well-known for its tiger richness. Established in the year 1936 as Hailey National Park, Corbett has the glory of being India's oldest and most prestigious National Park.
Commenting on the signing, Mr. Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels said, "We are excited to announce the expansion of THE Park to a new breathtaking Himalayan destination. With this, we at ASPHL will bring its first hotel under THE Park brand to Uttarakhand, celebrating the natural beauty and cultural heritage of the Kumaon region. It is slated to open as a managed hotel by October 2025. We look forward to more openings and growth in the region by catering to guests with Anything But Ordinary experiences."
Shares of Apeejay Surrendra Park Hotels Limited was last trading in BSE at Rs. 187.55 as compared to the previous close of Rs. 177.90. The total number of shares traded during the day was 206929 in over 3475 trades.
The stock hit an intraday high of Rs. 190.30 and intraday low of 175.50. The net turnover during the day was Rs. 38310651.00. |
