News & Media 26th Dec 2022

Bankrupt hotel assets big draw with investors

Authors

Megha Agarwal Associate Partner | Mumbai

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As a result of the COVID-19 pandemic, the hospitality sector was one of the worst-hit sectors where many companies and hotel owners admitted into the resolution process for loan defaults. Now, such hotels are seeing interest from bidders for acquisition.

In this context, Economic Laws Practice (ELP)’s Associate Partner Megha Agarwal has been quoted in an article in The Economic Times .

Read the article here