Ventive Hospitality Limited (BSE: 544321, NSE: VENTIVE) has announced plans to acquire a 76% stake in Soham Leisure Ventures Pvt. Ltd., the owning company of Hilton Goa Resort in Candolim, marking its maiden entry into India’s leisure hospitality market.
The proposed transaction, pegged at an enterprise value of around ₹320 crore, includes Hilton Goa Resort’s 104 operational keys and a four-acre land parcel in Goa. Ventive said the initial cash outlay of ₹120 crore secures the resort and offers potential for further expansion with 60–65 additional rooms, as well as branded villas estimated to generate sales of over ₹100 crore.
In fiscal 2025, Hilton Goa Resort reported an average daily rate (ADR) of ₹11,873 with an occupancy of 76%. Ventive plans to refurbish the existing property and add new rooms, a spa, and food & beverage concepts to reposition the resort as a high-end upper-upscale destination.
“This acquisition is a landmark for Ventive, marking our foray into the leisure market in Goa,” said Atul Chordia, Chairman and Executive Director of Ventive Hospitality. “It reinforces our commitment to building a diversified portfolio across business and leisure segments while maintaining capital discipline.”
CEO Ranjit Batra added that the expansion of Hilton partnership will allow the property to emerge as a marquee leisure destination in North Goa, catering to both loyal Hilton patrons and new lifestyle travellers.
The transaction will also refinance a portion of Soham’s debt at lower interest rates, strengthening Ventive’s balance sheet. At deal closure, the company expects its initial outflow (excluding land acquisition) to generate a 13% yield on capital based on FY25 EBITDA.
The move is in line with Ventive’s stated goal of doubling its portfolio to about 4,000 keys within five years. The company said the acquisition opens the door for future partnerships in hospitality and branded residences in Goa, supported by the region’s rising disposable incomes and strong tourism demand.