IHCL signs management contract for two hotels in Goa
Mumbai: Tata group's hospitality arm Indian Hotels Company (IHCL) on Monday said it has signed a management contract for two hotels in Goa adding 506 rooms to its pipeline.
"It will take over the management of the 207 key Cidade de Goa which will form a part of the SeleQtions portfolio. An additional 299 rooms which are under construction, will be added to the same complex under the Taj brand scheduled to open by the end of this year," it said in a statement.
Both the hotels will be located at the same site at Vainguinim beach in the vicinity of Dona Paula in Goa.
Cidade de Goa will be the first hotel to join IHCL's SeleQtion's portfolio, a named collection of hotels and resorts with a distinct character, as of April 2019 it said.
The Taj branded 299 room hotel will have extensive conferencing facilities with the largest convention hall in Goa, measuring approximately 1200 sqm, it said adding that the property is slated to open in early 2020.
IHCL has six branded hotels with another three under development in Goa, including these two properties.
"Iconic properties like Cidade de Goa under a management contract with Fomento Resorts and Hotels, promoted by the illustrious Timblo family will further strengthen IHCL's position as the most iconic and profitable hospitality company," IHCL Managing Director and Chief Executive Officer Puneet Chhatwal said.
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