Goa

Park Hyatt Goa property to be acquired by ITC Group

Consumer goods giant ITC which operates The Luxury Collection and the Sheraton brand hotels in India for Starwood along with its own brands of WelcomHotel and Fortune has acquired the first Park Hyatt property in India, the 251 room Park Hyatt Goa Resort and Spa from state run lender IFCI Limited for approximately $83 million….