What we do Viceroy Hotels Limited operates luxury hotels in Hyderabad, pioneering hospitality with flagship five-star properties and partnership with Marriott to deliver premium lodging and events services. |
Founded in 1,965 |
Market share A leading hospitality provider in Hyderabad with significant market presence and growing room capacity targeting 10,000 rooms. |
Problem solved Provides luxury accommodation, business travel convenience, leisure stays, and event hosting solutions in a growing tourism market. |
Top clients or who we serve Business and leisure travelers; corporate clients seeking premium hospitality and conference facilities (B2B and B2C). |
Key management Mr. Ravinder Reddy Kondareddy, Managing Director & CEO, BE Electronics; Mr. S.P. Reddy, Non-Executive Director with 50+ years hospitality experience. |
Our journey and innovations Established in 1965, pioneering luxury hotels in Hyderabad; partnered with Marriott in 2006; expanded room capacity and venues; recently divested subsidiaries to focus on core hospitality business. |
Where we operate Primarily Hyderabad, Telangana, India. |
Top products or what we offer Luxury hotels including Marriott Hyderabad and Courtyard by Marriott; banquet and convention centers; spa and recreation facilities. |
Top brands Marriott Hyderabad (#1 Marriott in Hyderabad, landmark luxury brand); Courtyard by Marriott (business hotel segment); Minerva & Blue Fox restaurants. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is mostly cyclical, tied to hospitality and travel demand cycles but with steady growth driven by business and leisure travel. |
Our industry position Strong position as a pioneer luxury hotel operator in Hyderabad with growth plans aligned to industry expansion. |
Financial highlights FY25 consolidated revenue ₹137.29 crore with net profit ₹77.99 crore, demonstrating strong year-on-year growth and operational profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Increasing travel and tourism in India, rising middle-class discretionary spending, enhanced hospitality infrastructure, and brand partnerships driving room occupancy and revenue. |
Our future plans Expand room inventory to over 10,000 by adding new hotels and enhancing existing properties; greenfield projects under Marriott brand in Hyderabad. |
Our green promise - |
Our people and values Committed to ethical governance and 360-degree stakeholder engagement with emphasis on employee inclusion and customer service excellence. |
Key challenges ahead Managing renovation disruptions, legal matters related to property, and competition from emerging hospitality providers. |
Interesting facts One of Hyderabad’s first five-star hotels; first Marriott operator in Hyderabad; recent strategic shift after divesting subsidiaries to focus on core hotel business. |
Risks and strategy Address risks through strong governance, legal dispute resolution, and focused capital expenditure on property renovation and expansion. |
