Blue Coast Hotels Limited is engaged in the hotel business. The Company owns Park Hyatt Goa Resort & Spa, a five star deluxe hotel in Goa. The Company_x0012_s subsidiaries include Blue Coast Hospitality Ltd., Golden Joy Hotel Private Ltd. and Silver Resort Hotel India Private Ltd. _x000D_ _x000D_ Blue Coast Hotels Limited was incorporated as a Public Limited Company on July 27, 1992 in Delhi and obtained Certificate of Commencement of Business on September 7, 1992. The name of the company was changed from Blue Coast Hotels and Resorts Ltd to Blue Coast Hotels Ltd with effect from October 29, 2009. As the name suggests the business activities of the company are related to the Hotel Industry._x000D_ _x000D_ During fiscal 2011, Park Hyatt Goa Resort & Spa had an average occupancy of 77%._x000D_