There will be new developments at LUX*, namely on the international level. The hotel group is undergoing a restructuration which will separate the real estate cluster and hotel operation company, Lux Island Resorts (LIR), from its management company, LUX Hospitality Ltd that will from now on be known as The Lux Collective Ltd (TLC).
Finally, the group also announced its financial results for the quarter July-September 2018. The operational revenues reached Rs 1.2 Bn, representing an increase of 16% compared to the same period last year.