Lebara Group acquires hotel in India
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Lebara Group acquires hotel in India

21 Sep 2011 (Last Updated September 21st, 2011 18:30)

UK-based mobile virtual network operator Lebara Group has acquired a property in Chennai, India, from RAS Adyar Hotel for Rs1.1bn ($23m).

UK-based mobile virtual network operator Lebara Group has acquired a property in Chennai, India, from RAS Adyar Hotel for Rs1.1bn ($23m).

The 190-room hotel, which is under construction, will be managed by the Taj Group of Hotels under the Gateway brand.

The hotel will open in 2013.