ITDC & HCI – Divestment Valuation
Key Service: Valuations
Location: India
Product: Hotel Valuation and Feasibility Report
Office: India
Overview:
The India Tourism Development Corporation (ITDC) and Hotel Corporation of India Ltd (HCI) were looking to privatize of these assets and assigned Horwath HTL India as Valuation Advisors.
Solution:
Horwath HTL provided divestment related valuations for various hotels and resorts owned by the aforementioned government bodies. This was conducted particularly at a time when the aspect of divestment was new for India, and the government.
Status:
The valuation reports submitted by Horwath HTL India assisted in the privatisation of these assets.
