It is no secret that the Park Hyatt Goa Resort & Spa is one of our favourite hotels in India. It is my go-to hotel for a quick break whenever I need to disconnect from my busy city life. I first reviewed the hotel in 2012, and ever since I’ve gone back here every year. In fact, I got married here, and every year, I’ve celebrated my wedding anniversaries here.
ITC almost bought it in 2015. Blue Coast Hotels, the original owner, challenged this auction in the courts stating the amount did not reflect the real value of the hotel. In 2016, the Bombay High Court cancelled the sale of the hotel to ITC and asked ITC to collect a refund on the price they paid.
ITC did not give up and appealed to the Supreme Court, the highest court of India. In March, the Supreme Court upheld the sale of this 250 room luxury resort to ITC by IFCI and has given six months to complete the transfer of the property.
At that point, in March, no one knew how this would play out. ITC owns and operates the ITC Hotels chain, apart from Welcomgroup Hotels and Fortune Hotels as well. They also collaborate with Marriott International and sell some of their properties under the Luxury Collection Brand.
Today, it seems, ITC has made their intention clear. ITC will be taking over the Park Hyatt Goa in September 2018, and rename it the ITC Grand Goa. They announced their intentions in the newspapers today, where they put out this big advertisement.
I am very sure there will be a lot of changes coming before the hotel takes the shape of an ITC Hotel. I am sad it will be leaving the Hyatt portfolio.
Hyatt Hotels operates three hotels in Goa, but the Park Hyatt is truly a crown jewel in Hyatt’s overall India portfolio. In case you’re still wanting to visit here while it is still definitely a Hyatt, you do have 3 months to plan a trip. The hotel costs 15,000 WoH points being a category 4 hotel.
What’s truly devastating is that this came right after I planned my next trip to the PH Goa.
Gloomy Saturday. But just booked up the @ParkHyattGoa for my 25th stay with them perhaps, and looking forward to running away there with @ShipraAtALounge for our annual sojourn in a few weeks. Last time, they made us these custom embroidered bath robes. What will this trip hold pic.twitter.com/62HaAu5Jp0
— Ajay Awtaney (@LiveFromALounge) June 9, 2018
Have you been to the Park Hyatt Goa?