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Share Repurchases — During the primary quarter of 2023, the Company repurchased 2.5 million shares of widespread inventory for $102 million at a weighted average worth of $40.13 per share. As of March 31, 2023, the Company had $375 million remaining in its share repurchase authorization. Timeshare Receivables Financing — Subsequent to the end of the primary quarter, the Company closed on a $250 million time period securitization transaction with a weighted average coupon of 6.3% and a 91.3% advance rate.
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The chain has been house to an elite repertoire of culinary brands like Dum Pukht, Bukhara, Avartana, and Ottimo. Kaya Kalp – The Spa that helps rejuvenate, branded accommodation that meets the needs of assorted travellers, and the chain’s best green practices make it a best choice for the ever present traveller. Jaypee Palace Hotel & Convention Centre, Agra has developed a world-class convention centre, which is within the heart of the city and could be very near to the Taj Mahal.