Kingfisher Resort is a popular vacation destination known for its stunning beaches, luxurious amenities, and world-class service. But have you ever wondered who owns this tropical paradise? In this article, we will explore the ownership of Kingfisher Resort and shed light on the people behind the successful venture.
History of Kingfisher Resort
Before we dive into the ownership of Kingfisher Resort, let’s take a quick look at its history. The resort was built in 2003 on a 30-acre land in Vagator, Goa.
It was designed to offer guests an unforgettable experience with its lush greenery, beautiful views of the Arabian sea and top-notch facilities. Over the years, Kingfisher Resort has become one of the most popular resorts in India and attracts tourists from all over the world.
Who Owns Kingfisher Resort?
Kingfisher Resort is owned by United Breweries Group (UB Group), a conglomerate that operates various businesses including breweries, aviation, real estate and more. UB Group was founded by Vijay Mallya in 1999 and became one of India’s largest conglomerates with an annual turnover of over $4 billion.
Vijay Mallya
Vijay Mallya is a well-known Indian businessman who founded UB Group. He was born on December 18, 1955, in Kolkata and completed his education in India before moving to the United States for further studies. He returned to India in the early ’80s to take over his father’s business and transformed it into one of India’s largest conglomerates.
Mallya is also known for his interest in sports and owns various sports teams including Royal Challengers Bangalore (Indian Premier League) and Force India Formula One team.
Current Status
In recent years, Vijay Mallya has been embroiled in legal battles and financial controversies. He fled to the United Kingdom in 2016 after being accused of fraud and money laundering. As of now, he is fighting extradition to India to face charges filed against him.
In conclusion, Kingfisher Resort is owned by United Breweries Group (UB Group), which was founded by Vijay Mallya. Despite the current legal issues surrounding its owner, Kingfisher Resort continues to operate successfully and provide guests with an unforgettable vacation experience.