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IFCI to defer sale of Blue Coast Hotels’ property

13 Feb 2014 Evaluate

Blue Coast Hotels’ - hotel property - Hotel Park Hyatt (SPA) Goa, which was put on sale by IFCI, has been asked by the DRT-III, Mumbai to defer it for a period of 60 days. The financial institution had earlier invited bids for sale of company’s property.

Blue Coast Hotels’ principal activity is to operate the hotel Park Hyatt Goa Resort and Spa in Goa. The services include accommodation, food and beverages, wines and liquor, telephone, transportation facilities.

Peers
Company Name CMP
The Indian Hotels Co 716.15
ITC Hotels 158.75
Mahindra Holi.&Resor 195.20
EIH 298.00
Chalet Hotels 830.20
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