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Reliance buys New York’s Mandarin Oriental hotel of New York

Date: 11 January 2022 Tags: miscellaneous
  • Billionaire Mukesh Ambani’s Reliance Industries Ltd has announced the acquisition of New York’s premium luxury hotel Mandarin Oriental for $ 98.15 million.
  • Set up in 2003, Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle.
  • This is the second acquisition of an iconic hotel by Reliance in less than a year.In April last year, Reliance acquired Stoke Park Ltd in the UK.