- Jason Ader, Chairman of India Hospitality Corporation (IHC)
The Company (IHC), chaired by Jason Ader, will initially pursue acquisition(s) only of an Indian business, businesses or assets focused on the hospitality, leisure, tourism, travel and related industries, including but not limited to hotels, resorts, timeshares, serviced apartments and restaurants.
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- IHC, Managed by Jason Ader, will aquire two India-based Hospitality Businesses
India Hospitality Corp., managed by Jason Ader, announced its intention to acquire India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company operating out of four locations in India, for approximately US $110 million to create a diversified hospitality company servicing the rapidly growing Indian travel and leisure marketplace from affiliates of Navis Capital Partners, a private equity firm with offices in Kuala Lumpur, Hong Kong, and Bangkok, and certain private shareholders.
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- Jason Ader of Hayground Cove Asset Management
Jason Ader manages India Hospitality Corporation, a SPAC designed to partner with India hospitality businesses, targeting leisure, tourism, and travel industries. IHC recently raised 100 million dollars in an Initial Public Offering. India Hospitality Corporation stock is traded on the Alternative Investment Market under the title IHC.
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