The Country Club India Ltd (CCIL), a leading leisure and infrastructure company has taken over Chelsea Hotel, a boutique luxury hotel, belonging to the Chelsea Group, in Emirate of Dubai, recently.
The deal which has been finalised for AED165 million (Rs 175 crore) is the largest acquisition conducted by the CCIL till date. The hotel is centrally located and houses over 100 rooms. This acquisition is a part of the strategic Rs 1000 crore expansion plan of the CCIL.
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