Eight Continents Hotels Raises USD 7M

New Delhi, Mar 12 (PTI) Eight Continents Hotels & Resorts on Thursday said it has secured USD 7 million (around Rs 64.49 crore) in its first funding round from Ionware Inc, a Singapore-based investment holding company.

The capital will support international acquisitions, enhance experiential offerings, and strengthen the brand's global footprint, it stated.


Eight Continents is in the process of acquiring hospitality assets, including La Barbarie in Guernsey Island, and The Vincent Hotel in Southport, with the handover process currently underway.

Richa Adhia, Managing Director, Eight Continents Hotels & Resorts said, "This investment positions us to scale with intent as we deepen our operational capabilities and continue strengthening our portfolio."