- Business
- Blue Coast Hotels Limited (BLUECOAST.NS) operates as an India-based hospitality company focused on hotel operations, management services, and asset management. Incorporated in 1992 and headquartered at 415-417 Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi, the company previously owned and managed luxury properties including Park Hyatt Goa Resort & Spa, Sheraton Chandigarh, and Sheraton Amritsar; it offers expertise in greenfield hotel projects from land acquisition to operations, with strong ties to international hotel chains. Wholly owned subsidiaries comprise Blue Coast Hospitality Limited and Golden Joy Hotel Private Limited, serving leisure and business travelers primarily in India.
Main products and services encompass five-star hotel ownership and management; beach resort and spa facilities such as Park Hyatt Goa; luxury accommodations with personalized services; project development for international chains; and asset enhancement programs including revenue optimization, efficiency analysis, and policy updates. The company targets high-end hospitality markets with amenities like hotel rooms, spas, and event spaces.
In 2019, Blue Coast Hotels handed over its primary revenue-generating asset, Park Hyatt Goa Resort & Spa, to ITC Limited pursuant to a Supreme Court of India order dated March 19, 2018, resulting in minimal operational activity thereafter. Recently, on September 6, 2025, the company amended its Memorandum of Association to expand into tours and travels services as well as virtual digital assets and currency, alongside re-appointing Vijay Jain as independent director for a five-year term starting March 1, 2026. These shifts position the firm for diversification beyond traditional hospitality amid reduced debt and stable promoter holdings.