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Reliance to acquire Mandarin Oriental's flagship NYC property
TIWN
Reliance to acquire Mandarin Oriental's flagship NYC property
PHOTO : TIWN

New York, Jan 9 (TIWN) Reliance Industries Ltd, India's largest corporate by revenues, profits and market value, has announced the acquisition of Mandarin Oriental Hotel's flagship New York City property in Columbus Circle.

This is the latest addition to the company’s acquisitions worth $5.6 billion across eight verticals (Morgan Stanley aggregation a day before the Mandarin Oriental deal). 

Located at 80, Columbus Circle, Mandarin Oriental’s New York property is on the corner of Central Park, New York City’s largest green space. Its rooms overlook the Hudson River and are steps away from the Broadway Theater District, Lincoln Center, Central Park and about 20 minutes by foot from Times Square.  Mandarin Oriental operates 35 hotels and seven residences in 24 countries, including six in the US. 

The Mandarin Oriental brand counts Irish born actor of ‘Schindler’s List’ and ‘Taken’ fame Liam Neeson among its fans.

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