M&A Deal Summary

Indian Hotels Acquires Tree of Life Resorts & Hotels

On November 5, 2024, Indian Hotels acquired leisure company Tree of Life Resorts & Hotels

Acquisition Highlights
  • This is Indian Hotels’ 1st transaction in the Leisure sector.
  • This is Indian Hotels’ 1st transaction in India.

M&A Deal Summary

Date 2024-11-05
Target Tree of Life Resorts & Hotels
Sector Leisure
Buyer(s) Indian Hotels
Deal Type Add-on Acquisition

Target

Tree of Life Resorts & Hotels

Gurgaon, India
Tree of Life Resorts is a hotel and resort company. The Business offers tranquil escapes from the everyday, embodying the essence of authentic India in destinations including off-beat locations like Dared, Dehradun, Varanasi, Binsar, Kumaon, and Udaipurwati. Tree of Life Resorts & Hotels is located in Gurgaon, Haryana.

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Buyer(S) 1

Buyer

Indian Hotels

Mumbai, India

Category Company
Founded 1868
Sector Leisure
Employees18,359
Revenue 65.0B INR (2024)
DESCRIPTION

Indian Hotels owns, operates, and manages hotels, palaces, and resorts in India and internationally. The company primarily operates hotels under the Taj, SeleQtions, Vivanta, and Ginger brand names. Indian Hotels was founded in 1868 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (India) 1 of 1
Year (2024) 1 of 1