Tag: Hotels

The Menon family promoters of real estate giant, Sobha, known for its expansive ventures in both domestic and Middle East (primarily Dubai) markets, are charting a new course towards diversification which will see it establish hotels, an investment arm and enter the US market. PNC Menon, Chairman emeritus of Sobha, recently unveiled the group’s multifaceted expansion strategy in an interaction with businessline.Menon articulated the ambitious vision, stating, “We are embarking on a journey into the hospitality sector, with plans to construct a portfolio of at least eight hotels,...