Ventive Hospitality IPO Details: Launch Date, Share Price, Size & Review
Business Profile of the Ventive Hospitality Limited Ventive Hospitality is a hospitality asset owner focusing on luxury offerings across business and leisure segments. All its assets are operated by or franchised from global operators, including Marriott, Hilton, Minor, and Atmosphere. The company owns 11 operational hospitality assets in India and the Maldives, totaling 2,036 keys across the luxury, upper upscale, and upscale segments. The company, founded by Panchshil Realty, has grown significantly in its hospitality portfolio, from 83 keys in 2007 to 2,036 keys as of Sep 30, 2024. BRE Asia, an affiliate of Blackstone, acquired a 50% stake in the company in 2017. The company has a strong track record in developing and acquiring hotel assets across various geographies and hospitality segments. The company’s in-house asset management team focuses on improving operational performance through increased occupancy rates, revenue generation, and cost efficiencies. Issue Price & S...