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

Fariyas Hotels Welcomes Shreenath Shastry as New CEO for Strategic Growth
Real Estate Mumbai:Fariyas Hotels Private Limited has announced the appointment of Shreenath Shastry as its chief executive officer. This strategic move underscores the group’s commitment to operational excellence and sustained growth in India’s hospitality sector.

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.

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