Apeejay Surrendra Park Hotels Aims for 74-Property Portfolio by FY30 with Major Projects in Mumbai and Kolkata

Apeejay Surrendra Park Hotels is gearing up for a significant expansion, aiming to achieve a robust portfolio of 74 properties by the end of the financial year 2030. The hospitality company, known for its diverse range of owned, leased, and managed properties, operates under five distinct brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. This ambitious expansion plan is designed to enhance its presence across India over the next five years.

Besides the properties currently in operation, the company has 38 properties in the pipeline, which, upon completion, will add 3,351 keys to its portfolio. Combined with the existing hotels, Apeejay Surrendra Park Hotels is on track to reach a total of 74 properties with 5,787 keys by the end of FY2030. This goal encompasses both existing and under-construction hotels, as highlighted in the company’s recent investor presentation.

Vijay Dewan, Managing Director of Apeejay Surrendra Park Hotels, expressed his enthusiasm for the expansion plans. He stated, “Our expansion plans are progressing steadily, with the acquisition of Zillion Hotel at Juhu, Mumbai, and the new Kolkata project breaking ground in January 2026. These milestones mark significant steps in our journey of building iconic hotels across India.”

The company’s portfolio strategy is centered on providing a wide range of hospitality experiences to cater to different customer segments. THE PARK brand represents the company’s flagship luxury offering, while THE PARK Collection focuses on premium properties with unique design and lifestyle experiences. Zone by The Park and Zone Connect by The Park cater to business and mid-market travelers, offering the latest amenities and flexibility. Stop by Zone, on the other hand, is designed for budget-conscious travelers, providing efficient services.

A significant part of the planned expansion involves strategic acquisitions and new projects across India. The acquisition of Zillion Hotel at Juhu, Mumbai, adds a stylish beachside property to Apeejay Surrendra Park Hotels' portfolio, strengthening its position in one of India’s most bustling cities. Similarly, the new Kolkata project, set to begin construction in January 2026, will introduce a modern, full-service hotel to the city, further diversifying the company’s portfolio.

To cement its position as a leading hospitality player in India, Apeejay Surrendra Park Hotels is leveraging a diversified portfolio of ownership models and hotel segments. The company is committed to meeting the varied needs of its customers while ensuring long-term growth. By the end of FY2030, Apeejay Surrendra Park Hotels will significantly expand its operational scale with 74 properties, a mix of owned, leased, and managed models, and over 5,700 keys. This will enable the company to maintain a strong foothold in the Indian hospitality market.

In summary, Apeejay Surrendra Park Hotels is well on its way to achieving its ambitious expansion goals, with key projects in Mumbai and Kolkata playing a crucial role in its growth strategy. The company’s diversified portfolio and strategic approach position it well to meet the diverse needs of the Indian hospitality market and ensure sustained success.