About Apeejay Surrendra Park Hotels Limited (ASPHL)

Apeejay Surrendra Park Hotels Limited (ASPHL) is a design-led hospitality company incorporated in 1987, with a legacy of over five decades shaping India’s boutique hotel landscape. The company operates across accommodation and food service activities, with offerings spanning luxury and upscale hotels (THE Park Hotels, THE Park Collection), upper midscale (Zone by The Park, Zone Connect by The Park) and economy formats (Stop by Zone), alongside its iconic Flurys confectionery and café brand. ASPHL’s footprint covers India-wide destinations, with 33 hotels operating pan‑India across 15 states and 3 Union Territories, and no international operations. The group reported operational keys of 2,394 as of FY 2024-25. It has 3 subsidiaries engaged in hotels, restaurants and yacht‑on‑hire activities within India. 

Apeejay Surrendra Park Hotels Limited Milestone 

Key milestones during the year included its first full year as a publicly listed company and the continuation of initiatives launched after the equity shares were listed on the NSE and BSE on February 12, 2024.

Apeejay Surrendra Park Hotels Limited’s Business Segments

• Accommodation Services: 49.51% of turnover.
• Food & Beverage Services: 42.83%.
• Other Services: 7.66%.

Apeejay Surrendra Park Hotels Limited Key Management

• Priya Paul — Chairperson & Whole‑Time Director.
• Vijay Dewan — Managing Director.
• Atul Khosla — Chief Financial Officer.
• Shalini Keshan — Company Secretary & Compliance Officer.

Latest Updates on Apeejay Surrendra Park Hotels Limited (ASPHL)

• Strategy and growth: The company is pursuing an asset‑light expansion, aiming to double room inventory to 4,780 keys across 56 new hotels over the next five years, with over 1,500 rooms planned via management contracts.
• Technology: ASPHL began implementing a cloud‑based ERP and Opera PMS, underpinned by AI initiatives, to enhance reporting, efficiency, and guest satisfaction.
• Brand expansion (Flurys): The bakery and confectionery brand reached 100 outlets across formats and is targeting 200 stores by FY 2026‑27, supported by a new central production hub in Delhi NCR and entry into new regions including Darjeeling and Gangtok.
• Market presence: The company highlighted entry into strategic new markets such as Mumbai and Kochi during the year, while strengthening its presence in other metros.
• Recognitions: THE Park Chennai received the IGBC Green Building – Platinum Certificate in November 2024; several F&B venues won awards including EazyDiner Foodie Awards (Hyderabad) and Times Hospitality Icons (Indore) in 2024.