Ventive Hospitality is proposing to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures (Soham). Soham owns the 104 operational keys Hilton Goa Resort and a land parcel in Goa. In line with Ventive’s strategy of doubling its room portfolio and pursuing value-accretive capital allocation, this transaction, with an enterprise value of approximately Rs 320 crore, represents a significant milestone.
The initial cash outlay of Rs 120 crore secures an operational 104-key resort with development potential for an additional 60-65 keys on the existing site, as well as a 4-acre land parcel in Goa earmarked for branded villas with an estimated gross sale value of over Rs 100 crore. Proceeds from villa sales are expected to further strengthen the company’s cash flows.
This marks Ventive’s first entry into India’s growing leisure hospitality market, while also deepening its partnership with Hilton. The Hilton Goa Resort, with its panoramic riverfront setting and vibrant F&B offerings in the culinary capital of India, is uniquely positioned to evolve into an upper-upscale lifestyle resort with a large room footprint of 55 sq.m each. In FY25, the resort achieved an ADR of Rs 11,873 at 76% occupancy.
Ventive Hospitality is predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments. The company primarily focuses on developing and managing high-end luxury hotels and resorts.
| Company Name | CMP |
|---|---|
| Indian Hotel | 635.75 |
| ITC Hotels | 154.50 |
| EIH | 309.00 |
| Chalet Hotels | 760.80 |
| Mahindra Holi.&Resor | 254.20 |
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