IHCL forays into integrated wellness with Rs 240 crore buy of Atmantan
IHCL acquires 51% stake in Atmantan, a luxury wellness centre near Pune, for Rs 240 crore. This marks their entry into the integrated wellness segment and will not include any existing properties. Expansion plans include a 100-key centre in Hyderabad with IHCL as a partner. Atmantan is recognised as the "best wellness centre" and has seen a 72% increase in Indian guests.