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ITC Acquires Park Hyatt Goa Resort and Spa

ITC Hotels recently announced the successful acquisition of Park Hyatt Goa Resort and Spa. The acquisition is a part of an auction held by Industrial Finance Corporation of India (IFCI) for Rs 541 crore in 2015.

The luxurious Park Hyatt Goa Resort and Spa at Cansaulim, spread across 45 acres, is a beachside plush property comprising 252 charming Indo-Portuguese style rooms and suites and is currently under renovation and will soon echo ITC’s standards of excellence. The sprawling property is currently under minor renovation to comply with all the ITC’s exemplary sustainability practices to deliver the best of luxury to its customers.

Commenting on the chain’s entry into Goa, Nakul Anand, Executive Director, ITC, said, “ITC is pleased to announce the latest addition to its luxury hotel portfolio in the hospitality landscape of Goa. This has been a long-awaited destination for ITC, and we welcome the opportunity to be integrated into the multi-faceted culture and ethos of Goa.”

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