Interior Hotels finalises Al Khuwair's Park Inn Hotel acquisition
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Interior Hotels finalises Al Khuwair's Park Inn Hotel acquisition

Interior Hotels finalises Al Khuwair's Park Inn Hotel acquisition

Oman's Interior Hotels Co (IHC) has said it has finalised the acquisition of the Park Inn Hotel, Times of Oman has reported. The move follows the signing of a sale and purchase agreement with the shareholders of Al Ahlam Hotel Management for the acquisition of the four-star hotel located at Al Khuwair in July this year. Interior Hotels recently raised OR3m capital through a rights issue of 30 million shares for funding the acquisition. The rights issue has raised the company's paid up capital to OR5m from OR2m earlier.

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