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Newstrack
Goan hotels on an expansion overdrive
Chetan Kapoor - Goa
The hospitality industry in Goa is busy increasing its inventory to accommodate
the increased tourist inflow comprising domestic, international and MICE travellers.
One of them is the Alcon Victor Group. Victor M Albuquerque, its CMD, reveals,
"We are constructing a five-star deluxe hotel The Grand Dona Sylvia behind
Dona Sylvia in Cavelossim, which is expected to be ready by October 2009 with
150 rooms." Once ready, the combined properties (The Grand Dona Sylvia
and Dona Sylvia) will be the largest resort in Goa with around 350 rooms, claims
the CMD.
Even New Delhi-based 32nd Milestone Hotels & Resorts is looking at Goa and
recently inaugurated its 12-room boutique property 360 Degrees Beach Retreat
in Candolim. According to the property's GM, Amiya Shukla, the management has
finished construction of a Portuguese-style 27 room hotel around the Baga river
and a restaurant on stairs to be ready before the next tourist
season besides building another property in the Calungute area.
Further, Alcon Hotels' VP, Shailesh Sanzgiri, discloses, "We are in the
process of setting up a 200-plus room five-star hotel in Arpora and a beach
front alternative health resort in Keri on the Goa-Maharashtra border, which
should be ready in two years. For the latter, we are looking at a tie-up with
an international company for franchising." In addition, Majorda Beach Resort
will add 60 rooms by the next season while Holiday Inn Resort Goa has plans
on the chart subject to government approvals.
It is not only the hotels but even serviced apartments that are seeing growth
in Goa. de Souza Group recently opened doors to 12 serviced apartments at Surya
Sangolda which prospective buyers can buy and then rent during the season to
tourists and earn an attractive return on investment. In phase two of the project,
the property will witness an addition of 20 apartments and a restaurant, confirmed
Ralph de Souza, the group chairman. Also, the Manvin's Group will open a six-serviced
apartment property called Manvin's Mansion on the Miramar beach by October 2008.
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