Fariyas Hotels Welcomes Shreenath Shastry as New CEO for Strategic Growth
Fariyas Hotels, a leading hospitality group, has appointed Shreenath Shastry as its new CEO to oversee operations and drive expansion. With over three decades of experience in hospitality management, Shastry is poised to enhance the group's operational excellence and guest experiences.
Fariyas HotelsShreenath ShastryHospitality ManagementOperational ExcellenceExpansion StrategyReal Estate MumbaiJun 28, 2025
The Fariyas Group is renowned for its legacy of personalized service, innovation, and delivering unforgettable experiences. Currently, the group operates three distinguished properties: the iconic Fariyas Resort in Lonavla, the centrally located Fariyas Hotel in Mumbai, and the recently launched Hilton Garden Inn Mumbai International Airport. With several new developments in the pipeline, Fariyas Hotels is set for expansion in key destinations across India.
Shastry brings with him over three decades of global leadership experience in hospitality management, strategic planning, real estate, and integrated facility management services. His cross-functional expertise and track record of steering large-scale organizations make him a valuable addition to the Fariyas leadership team.
Before rejoining Fariyas Hotels, Shastry served in various leadership capacities at Wipro Limited over an 11-year tenure. He played a pivotal role in global hospitality management, digital transformation, and real estate optimization. Most recently, he led Wipro’s real estate operations across India, overseeing strategy and transactions.
His professional journey also includes key roles at Knight Frank, Radhakrishna Hospitality Services, Majorda Beach Resort, Taj Group, Sterling Resorts (India) Ltd., and previously with the Fariyas Group, where he last held the position of General Manager – Sales & Marketing. His prior experience with the brand provides him with a deep understanding of the company’s culture, vision, and operations.
Shastry is an alumnus of Welingkar Institute of Management, Mumbai, and Xavier Institute of Management, Bhubaneshwar (XIMB). He has also completed the Advanced Management Program (AMP) from the Indian Institute of Management, Bangalore. A lifelong learner, he believes in continuous growth and development.
In his new role as CEO, Shastry will be responsible for overseeing existing operations and steering the group’s expansion strategy. He will also focus on enhancing guest experiences, implementing innovation-led solutions, and strengthening Fariyas’ position as a leading hospitality brand.
“We are delighted to welcome Shreenath Shastry to the Fariyas family. His leadership, deep industry insight, and forward-thinking approach make him the ideal person to lead us into our next chapter,” said Aspi Nallaseth, advisor to the Board of Fariyas Hotels Pvt. Ltd.
Commenting on his appointment, Shastry said, “I am honored to rejoin the Fariyas Group at such a transformative time. I look forward to working with the talented team to build on the group’s strong foundation and deliver exceptional guest experiences.”
Frequently Asked Questions
What is the role of Shreenath Shastry at Fariyas Hotels?
Shreenath Shastry has been appointed as the Chief Executive Officer (CEO) of Fariyas Hotels, responsible for overseeing existing operations and driving the group’s expansion strategy.
What are the key properties operated by Fariyas Hotels?
Fariyas Hotels operates three distinguished properties: the iconic Fariyas Resort in Lonavla, the centrally located Fariyas Hotel in Mumbai, and the newly launched Hilton Garden Inn Mumbai International Airport.
What is Shreenath Shastry's background in the hospitality industry?
Shastry brings over three decades of global leadership experience in hospitality management, strategic planning, real estate, and integrated facility management services. He has held key roles at Wipro Limited, Knight Frank, Radhakrishna Hospitality Services, Majorda Beach Resort, Taj Group, Sterling Resorts, and Fariyas Group.
What educational qualifications does Shreenath Shastry have?
Shastry is an alumnus of Welingkar Institute of Management, Mumbai, and Xavier Institute of Management, Bhubaneshwar (XIMB). He has also completed the Advanced Management Program (AMP) from the Indian Institute of Management, Bangalore.
What are the future plans for Fariyas Hotels under Shreenath Shastry's leadership?
Under Shastry’s leadership, Fariyas Hotels plans to enhance guest experiences, implement innovation-led solutions, and strengthen its position as a leading hospitality brand. The group is also set for expansion in key destinations across India.
Related News Articles
India's Rise to Realty Prominence: A Billion-Dollar Boom
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.
Women Home Buyers Witness 14% Surge in 2024: Report
A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.