Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Espire Hospitality has signed a lease agreement with M/s Madhav Associates to operate a new luxury boutique hotel in Rishikesh, Uttarakhand, branded as 'ZANA By The Ganges, Rishikesh'. This is the fourth hotel under the ZANA brand, located near Lakshman Jhula with views of the Ganges. The property features elegantly designed rooms, Celebrity Suites with private Jacuzzis, a rooftop restaurant called 'Marshmallow', a rooftop pool, and a 3,500 sq. ft. event venue (Veda Ballroom) that can host up to 180 guests. The company highlighted offerings like yoga, river rafting, trekking, and birdwatching as part of the guest experience.
This is a positive operational expansion that adds a new revenue-generating property in a popular spiritual and adventure tourism destination, strengthening the company's growing ZANA brand portfolio. However, no specific financial figures or revenue impact projections were disclosed.