Ventive Hospitality eyes expansion into more leisure destinations in India

Backed by Blackstone, Ventive Hospitality aims to double its hotel footprint with a Rs 2,000 crore capex plan, expanding into leisure destinations after acquiring the Hilton Goa Resort

Ventive Hospitality, a joint venture between Panchshil Realty and Blackstone, plans to scale its presence in more leisure destinations in India after its recent acquisition of Hilton Goa Resort from Soham Leisure Ventures. 

 

The company, which has a major portfolio in luxury segment, has ₹2,000 crore in capital expenditure for a period of five years to support growth across various segments. This follows the hotel asset management firm investing over ₹110 crore in Soham Leisure Ventures, as per its stock exchange filing.

 

On the other hand, in July, it had announced a partnership with global hotel brand Marriott