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Ventive Hospitality to acquire stake in Hilton Goa resort owner Soham

Ventive Hospitality, a joint venture (JV) between Blackstone Group and Panchshil Realty, has revealed plans to acquire a 76% stake in Soham Leisure Ventures, which owns Hilton Goa Resort. The transaction, which carries an enterprise value of approximately Rs3.2bn ($36.1m), represents Ventive Hospitality’s first investment in India’s leisure hospitality sector. In addition, Ventive states that the deal expands its collaboration with Hilton. Under the proposed definitive agreements, the JV will make an in ...