ITC Hotels to acquire 72-key luxury resort on Kumarakom backwaters
ITC Hotels is set to acquire a 72-key luxury resort spanning 18 acres along Vembanad Lake in Kumarakom, Kerala. The property includes 38 villas, a 5-acre lagoon, multiple F&B venues and a 20,000 sq ft spa, deepening ITC's luxury portfolio in South India's premium leisure market.
ITC Hotels is set to acquire a 72-key luxury resort spread across 18 acres along Vembanad Lake in Kumarakom, Kerala, featuring 38 villas, a 5-acre lagoon, multiple dining venues, and 20,000 sq ft of spa and wellness facilities.