What we do Apeejay Surrendra Park Hotels Ltd operates upscale hotels across India under brands like The Park and manages retail F&B through Flurys. |
Founded in 1,987 |
Market share Leader in upper-upscale hospitality segment with pan-India presence in major metros and key cities. |
Problem solved Provides premium hospitality, distinctive F&B experiences, and luxury heritage stays catering to business and leisure travellers. |
Top clients or who we serve Serves B2C customers including domestic and international tourists, plus business travellers across luxury to upper midscale categories. |
Key management Mr. Vijay Dewan, Managing Director; Ms. Priya Paul, Whole Time Director. |
Our journey and innovations Founded as Budget Hotels in 1987; rebranded and expanded post 2001 amalgamations; acquired Flurys in 2019; launched heritage hotels and new brands recently. |
Where we operate Operates across India including metros like Kolkata, Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Goa, Jaipur, and others. |
Top products or what we offer Flagship properties: The Park Hotels, The Park Collection, Zone by The Park; Food & Beverage under Flurys brand; Nightclubs and entertainment venues. |
Top brands The Park Hotels - leader in upper-upscale hospitality; Flurys - iconic retail F&B brand with 40+ outlets; Ran Baas - heritage luxury boutique hotel. |
Raw materials needed Food and beverage ingredients, hotel operational supplies, luxury furnishing materials. |
Raw materials supplier Local and international food suppliers, beverage distributors, hospitality furnishing companies. |
Recurring vs cyclical contribution Revenue largely recurring through room bookings and F&B sales; subject to tourism and economic cycles. |
Our industry position Among India's top hospitality brands in upper upscale segment with strong RevPAR and occupancy leadership. |
Financial highlights FY25 consolidated revenue ₹653 Cr; Net profit ₹84 Cr; EBITDA ₹226 Cr; consistent YoY revenue and profit growth. |
Geographical revenue split Primarily India-wide revenue from owned and managed hotels in multiple key cities. |
Order book Strong pipeline with multiple new hotels opening and development projects underway through FY30. |
Whats driving growth Rising domestic travel, new hotel launches, acquisition of heritage properties, expansion of retail F&B and serviced residences. |
Our future plans Launch serviced residences in Kolkata, open new hotels in Vizag, Navi Mumbai, Pune; expand heritage and luxury portfolios. |
Our green promise Committed to sustainability via energy conservation, waste management, and compliance with environmental regulations. |
Our people and values Strong employee base with focus on hospitality excellence, diversity, and corporate governance. |
Key challenges ahead Managing expansion sustainably, economic fluctuations impacting travel, maintaining operational excellence and brand positioning. |
Interesting facts Ran Baas The Palace is a Relais & Chateaux member; Flurys has 150+ years heritage; largest occupancy and RevPAR in segment. |
Risks and strategy Risks from COVID-19, economic slowdowns mitigated by diversified offerings, asset-light models, and geographic spread. |
