Ventive Hospitality Sets Sight on Goa With 76% Stake in Hilton Resort
Marking its debut in India’s leisure hospitality space, Ventive Hospitality proposes a Goa resort acquisition, expanding its strategic partnership with Hilton.
By SOH Edit Team
Ventive Hospitality has proposed the acquisition of a 76% stake in Soham Leisure Ventures Private Limited, the owning company of Hilton Goa Resort, Candolim. The move marks the company’s first foray into India’s leisure hospitality sector, a market that has seen significant post-pandemic growth driven by domestic tourism and international interest in coastal destinations like Goa.
Strategic Expansion into India’s Leisure Sector
This acquisition signals a strategic expansion for Ventive Hospitality, which has primarily operated in other geographies until now. By entering India through Goa — a premium leisure destination — the company is positioning itself to capitalize on the country’s surging travel demand, particularly in the upscale and luxury segments.
Deepening Partnership with Hilton
The transaction will also strengthen Ventive’s relationship with Hilton, under whose brand the Goa resort operates. Hilton Goa Resort, located in the popular beach town of Candolim, is a key asset in Hilton’s India portfolio. The acquisition could pave the way for future collaborations between the two hospitality players in the Indian market.
Leadership Perspective
Commenting on the same, Atul Chordia, Chairman and Executive Director of Ventive Hospitality Ltd, said: “The Hilton Goa Resort acquisition is a landmark for Ventive, marking our foray into the leisure market in Goa. This move reinforces our commitment to building a diversified portfolio across business and leisure segments while maintaining capital discipline.”
Ranjit Batra, CEO of Ventive Hospitality Ltd, added: “We are delighted to expand our partnership with Hilton through this resort in North Goa. With refurbishment, new room additions, the Hilton Goa Resort will become a marquee leisure destination. This acquisition reflects our strategy of selective expansion into high-barrier-to-entry markets with strong long-term demand.”
Strategic Highlights
- Strengthens portfolio: Adds a flagship leisure resort in one of India’s top destinations. Creates the possibility to leverage on local expertise of Sun Estates Developers for future hospitality projects and branded residences in Goa.
- Resort repositioning: Refurbishment of Hilton Goa Resort’s 104 existing keys and addition of 60–65 new keys to drive higher ROCE.
- Branded residences: Integration of the Goa land parcel enabling long-term branded villa development (~INR 100 crore potential sales).
- Balance sheet reset: Transaction structure refinances a significant portion of existing debt at a lower interest rate, improving leverage at the company level.
- Effective capital allocation: At deal closure, Ventive’s initial outflow of ~INR 110 crore (excluding Goa land) delivers a 13% yield on capital (YoC) on trailing FY25 EBITDA.
- Aligned with growth vision: Supports Ventive’s stated goal of doubling its portfolio to ~4,000 keys over the next five years and marks a milestone entry into India’s fast-growing leisure segment, supported by rising disposable incomes and favourable demographic trends.