Indian Hotels Company Limited(IHCL), the hospitality arm of theTata Group, has prepared a robust expansion roadmap for Goa, and intends to invest around Rs 300 crore in new properties in the state. The company is looking to add to its existing portfolio of 23hotels in Goaby opening up several new resorts over the next two to three years.
Among the new projects IHCL intends to set up is a super luxury dream project at the Fort Aguada and Taj Holiday Village, Sinquerim.
In 2021-22, amidst the pandemic, IHCL raked in a profit of Rs 160 crore just from Goa. The state contributed 45% to IHCLs topline in 2021-22, but going forward, this is expected to settle at around 40%.