https://www.taxtmi.com/news?id=70826 Wormwood Hotels plans to reach ten operational properties by end-2027 with about Rs 100 crore capital expenditure. Existing assets operate under a lease model funded by an external investor, while the founder retains brand ownership and runs hotels under management contracts. Land has been acquired for future development, and an initial public offering is targeted once ten properties are operational. en-us Tue, 10 Feb 2026 19:16:03 +0530 Tue, 10 Feb 2026 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70826 Wormwood Hotels plans to reach ten operational properties by end-2027 with about Rs 100 crore capital expenditure. Existing assets operate under a lease model funded by an external investor, while the founder retains brand ownership and runs hotels under management contracts. Land has been acquired for future development, and an initial public offering is targeted once ten properties are operational. News - Tue, 10 Feb 2026 19:16:03 +0530 https://www.taxtmi.com/news?id=70826