Pune-based Ventive Hospitality on Friday announced plans to acquire a 76 per cent stake in Soham Leisure Ventures, owner of the 104-key Hilton Goa Resort and a land parcel in Goa, in a transaction valued at about Rs 3.2 billion.

The company said the deal is a key step in its strategy to double its room portfolio and invest in high-value opportunities. Ventive intends to sign definitive agreements with Soham, involving an initial cash outlay of Rs 1.2 billion for the resort, which also has potential to add 60–65 more rooms.

The acquisition also includes a 4-acre land parcel earmarked for branded villas with an estimated gross sale value exceeding Rs 1 billion. Proceeds from villa sales are expected to further strengthen cash flows, the company noted.

Atul Chordia, Chairman and Executive Director of Ventive Hospitality, said: “The Hilton Goa Resort acquisition is a landmark for Ventive, marking our foray into the leisure market in Goa. This move reinforces our commitment to building a diversified portfolio across business and leisure segments while maintaining capital discipline.”

Ranjit Batra, CEO of Ventive Hospitality, added that the acquisition reflects the company’s strategy of selective expansion into high-barrier-to-entry markets with strong long-term demand.