Viceroy Hotels sells JW Marriott Hotel in Chennai

V Rishi Kumar Updated - January 01, 2014 at 09:27 PM.

Viceroy Hotels Limited has concluded the sale of JW Marriott Hotel property deal in Chennai.

The Hyderabad-based hospitality chain has struck the deal with Ceebros Hotels Private Limited, Chennai for Rs 480 crore after reaching a settlement with bankers for the Chennai project.

The company shares closed at Rs 21.70 up 13 per cent at BSE today.

>rishikumar.vundi@thehindu.co.in

Published on January 1, 2014 15:51