Dealstreet
Khaitan & Khaitan, SAM lead Oyo acquisition of ITC managed Fortune Hotel, Jaipur
Oyo Hotels & Homes has acquired Fortune Select Metropolitan Jaipur, currently managed by ITC Hotels.
Khaitan & Khaitan led by its Partner Subodh Sadana and Principal Associate Neha Verma advised Emaar on sale of its ITC managed Fortune Hotel.
OYO was advised by Shardul Amarchand Mangaldas & Co. led by its Partner Mrinal Kumar and principal associate Rohan Jain and associate Kshitij Arora.
The hotel was sold to Oyo for about Rs 35-40 crore, reported ET.
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