Juniper Hotels proposes acquisition of Novotel Imagicaa for Rs 248 crore
Mumbai, Sept. 16 -- Spread across approximately 11 acres in Khopoli, Maharashtra, Novotel Imagicaa is strategically located near the economic centres of Mumbai and Pune, with the airport accessible within a two-hour drive. The hotel sits adjacent to the Imagicaa Theme Park and Water Park.
Spanning a built-up area of approximately 2,80,000 square feet, the hotel offers 287 well-appointed guest rooms complemented by a curated selection of restaurants, versatile banquet and meeting venues, spa and recreational facilities.
The acquisition advances Juniper's long-term objective of building a portfolio of large, high-quality hotels in India's most compelling business and leisure destinations.
Arun Kumar Saraf, chairman & managing director, J...
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