- Market Overview
Jason Ader heads the India Hospitality Corporation, a Special Purpose Acquisition Corporation (SPAC) designed to partner with Indian businesses. More specifically, the India Hospitality Corporation targets businesses and assets in the hospitality, leisure, tourism, and travel industries. These businesses include, but are not limited to, hotels, resorts, timeshares, apartments, and restaurants. Although India Hospitality Corporation’s potential partnerships could come from any of these sectors, the initial focus is on the hospitality industry. 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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- 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's IHC becomes an AIM
IHC is a blank check company that falls under the laws of the Cayman Islands. IHC, chaired by Jason Ader, targets India Hospitality businesses. The company recently went public in London as an AIM and acquired two India-based companies: SkyGourmet and Mars.
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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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