SINGAPORE (Sept 7): Rowsley, the company controlled by Singapore businessman Peter Lim, is planning to acquire hotel management and consultancy firm, Ariva to expand its hospitality business in the Asia Pacific region for a consideration of $10.6 million.

Ariva manages hotels and service apartments under its own and associate companies’ brands namely Ariva, Amar and Louis Kienne as well as third-party brands.

The company currently has more than 6,500 room keys under management and in the pipeline, spread over 47 properties across the Asia Pacific region.

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