Prism, the parent company of Oyo, has received shareholder approval to raise up to INR 66.5 billion (US$744 million) through a fresh issue of equity shares as part of its proposed initial public offering. Plus, other hotel news.
Centara Hotels & Resorts has rebranded its boutique collection as The Centara Collection, featuring unique, one-of-a-kind properties in Thailand and the Maldives, including the newly renamed Machchafushi Island Resort & Spa Maldives.