HBG Hotels
100.00
-4.35(-4.17%)
Market Cap₹205.17 Cr
PE Ratio77.30
Company Performance:
1D-4.17%
1M+8.70%
6M-29.33%
1Y-58.54%
5Y+571.14%
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More news about HBG Hotels
05Nov 25
Phoenix Township Limited Rebrands as HBG Hotels Limited
Phoenix Township Limited, a hospitality company operating hotels in Goa and Kerala, has officially changed its name to HBG Hotels Limited effective November 4, 2025. The change was approved by the Ministry of Corporate Affairs' Registrar of Companies. The company's CIN remains unchanged. The rebranding does not affect stakeholder rights and liabilities. HBG Hotels Limited will display both old and new names at all locations for two years. The company continues to operate Park Inn by Radisson in Goa and Phoenix Island Resort in Kerala.
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01Apr 25
Phoenix Township Unveils Ambitious Expansion and Acquisition Strategy
Phoenix Township secures ₹500 crore funding from Green First Estate, plans to acquire 97.96% stake in Palolem Resorts LLP, and signs MOU with Marriott for a new hotel project in Kerala. These strategic moves aim to strengthen the company's position in the hospitality sector.
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28Mar 25
Phoenix Township Unveils Ambitious Expansion Strategy with Multiple Strategic Moves
Phoenix Township Limited (PTL) has approved several strategic decisions for expansion. The company will receive 50 crore rupees from its subsidiary, acquire a 97.96% stake in Palolem Resorts LLP for 5.04 crore rupees, partner with Marriott for a new hotel project in Kerala, and allot 13,66,000 equity shares at 143 rupees each. These moves aim to strengthen PTL's position in the hospitality industry and diversify its portfolio.
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HBG Hotels
100.00
-4.35
(-4.17%)
1 Year Returns:-58.54%
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