In a development that may have shocked many Goans, the era of the iconic Mandovi Hotel in Panaji, reputed to be Goa’s first star-rated hotel, could come to an end as the hotel is set to go under the hammer. Following a prolonged financial dispute the concerned bank has reportedly announced plans to auction the property. It is learnt that the hotel, once a thriving landmark located along the picturesque Mandovi River, has remained closed for several years due to ownership controversies and unresolved financial liabilities. The hotel holds historical significance for Goa’s hospitality industry. Built in 1952, it is Goa's first hotel that matched international standards. It was a truly fine hotel, combining the Goan tradition of hospitality and convenience. Now all this will be history. Probably very few Goans will be in a position to take part in the auction which reportedly starts with a base price of Rs 4 crores. The state government needs to step in and take over the hotel and save it from going to a non-Goan bidder as the hotel represents the true spirit of Goan hospitality.
