Komalkant F. Sharma, Group CMD of Leela Group of Companies, emphasized the group’s commitment to Uttarakhand’s economic growth and environmental preservation. “Our intention goes beyond hospitality. We aspire to generate substantial employment and adhere to the strictest environmental principles,” said Sharma. Oza, added, “This partnership aims to set benchmarks in responsible tourism and sustainable development, aligning perfectly with both Uttarakhand’s ethos and the principles set forth by our Group CMD, Sharma.” Dhami was enthusiastic about the collaboration and said, “This initiative will simultaneously boost our economy and preserve our natural heritage, creating a win-win scenario for all stakeholders.” The project is slated to break ground in the coming year, focusing on local employment and eco-friendly practices.
CapitaLand Ascott Trust divests two hotels in Australia for AUD109.0 million - CBRE Hotels
Transaction is part of CLAS’ active portfolio reconstitution strategy to deliver sustainable returns to Stapled Securityholders.The Courtyard by Marriott Sydney-North Ryde and Novotel Sydney Paramatta sold by Michael Simpson and Vasso Zographou of CBRE Hotels.

