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IHCL takes over management of iconic Goa five star hotel

IANS  |  Panaji 

The (IHCL) on Monday announced the takeover of the management of one of Goa's oldest and iconic five star hotels, Cidade de

The hotel, which currently operates 207 rooms, will form a part of the IHCL's portfolio - a collection of hotels and resorts with a distinct character. In addition to the 207 rooms, an additional 299 rooms which are currently under construction, will be added to the same complex under the Taj brand scheduled to open by the end of this year, the IHCL statement said.

The IHCL said it has a special relationship with since 1974 when Taj Resort & Spa, India's first beach resort opened its doors and firmly established on the global map.

"Iconic properties like under a management contract with and Hotels Ltd., promoted by the illustrious Timblo family will further strengthen IHCL's position as the most iconic and profitable hospitality company," Puneet Chhatwal, and Chief Executive Officer, IHCL said in the statement.

The Fomento Group are the promoters of

Anju Timblo, Managing Director, and Hotels Ltd, said: "We are very excited with our partnership with IHCL, with its highly recognized portfolio of brands. With this association, and the new development will achieve its full potential and pave the way for a successful and mutually beneficial collaboration for many years to come. Together with IHCL, we look forward to promoting the 'Goanness' of Goa."

Designed by late Charles Correa, Cidade de Goa, known for incorporation of local design and style blended with Iberian flair, is located at the in North Goa.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 00:12 IST