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Indian Hotels takes over management of Cidade de Goa

12 Feb 2019 Evaluate

Indian Hotels Company (IHCL) has takeover the management of one of Goa's oldest and iconic five star hotels, Cidade de Goa.

The hotel, which currently operates 207 rooms, will form a part of the IHCL's SeleQtionsA 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.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.35
Mahindra Holi.&Resor 201.65
EIH 301.55
Chalet Hotels 883.00
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