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.

— Source publishedFri, 15 May, 2026, 19:00 IST·First seen Fri, 15 May, 2026, 19:18 IST·Source ET Hospitality

What happened

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,

Key facts

  • 18 acres
  • 72 keys
  • 38 villas
  • 5-acre lagoon
  • 20,000 sq ft spa
  • 70 km from Cochin

Why this matters

This Kumarakom grab signals ITC's appetite for sub-100-key trophy resorts in scenic Indian markets, raising the bar for competing acquirers eyeing Kerala, Goa, and Himalayan luxury plays.