Pride Hotels Group Expands into Gujarat with Pride Resort Ambaji

Pride Hotels Group Expands into Gujarat with Pride Resort Ambaji

By Author

Published on October 27, 2023

Pride Hotels Group is excited to introduce its latest addition, Pride Resort Ambaji, nestled in the picturesque Ambaji region within the Aravalli Range. This new resort exemplifies Pride Hotels Group's commitment to expanding its footprint in Gujarat.

Pride Resort Ambaji features thoughtfully designed rooms and villas, ensuring guests enjoy the ultimate in comfort during their stay. A highlight of this resort is its diverse culinary offerings, with an in-house restaurant that showcases a delightful blend of regional and international cuisine. Moreover, the resort provides a sparkling swimming pool and well-equipped banquet halls, making it the perfect choice for special events and gatherings.

SP Jain, Chairman and Managing Director of Pride Hotels Group, expressed his enthusiasm, stating, "With the grand unveiling of Pride Resort Ambaji, our relentless journey of expansion surges ahead. This opulent resort reflects our unwavering commitment to providing a world-class experience for our esteemed guests. We're proud to make our mark in the heart of Gujarat, enhancing the region's hospitality landscape."

Satyen Jain, CEO of Pride Hotels Group, noted that Pride Resort Ambaji represents a profound connection, offering spiritual and hospitality experiences that are nothing short of extraordinary. Ambaji, steeped in spiritual significance and cultural heritage, serves as an ideal backdrop for a world-class retreat.

Ambaji, home to the famous Ambaji Temple, is known for its spiritual allure. Pride Resort Ambaji provides guests with convenient access to this iconic site, enabling them to immerse themselves in the region's rich cultural heritage. This branded resort stands out as a coveted destination for travelers seeking tranquillity, luxury, and a deep connection with nature.

Pride Resort Ambaji is meticulously designed to provide an unforgettable experience in a serene, idyllic setting. With sumptuous accommodations, cutting-edge amenities, and an unwavering commitment to excellence, the resort is a haven embraced by nature's beauty, surrounded by lush greenery and majestic hills.

Atul Upadhyay, Executive Vice President of Pride Hotels Group, expressed his excitement about the addition of Pride Resort Ambaji, stating, "This is a remarkable opportunity for Pride Hotels Group. With the natural beauty and cultural richness of Ambaji, we see immense potential for growth in Gujarat. Our commitment to offering world-class hospitality experiences in diverse and captivating locations is underscored by this expansion."

Pride Hotels Group's strategic presence extends to approximately 56 exceptional locations across India. With a total of 5,390 rooms, 109 restaurants, 152 banquet facilities, lawns, and conference halls, the group expertly manages a variety of hotels under different brands. These include the "Pride Plaza Hotel," known for its Indian Luxury Collection; "Pride Hotel," strategically located in central business districts; "Pride Resort," offering mesmerizing destination experiences; "Pride Biznotel," representing mid-market segment hotels; and "Pride Suites," a novel concept in premium luxury serviced apartment stays. These brands have earned acclaim from celebrities, corporate clients, as well as domestic and international tourists.

Pride Hotels Group's existing locations span various cities in India, with upcoming destinations including Daman, Bhavnagar, Surendranagar, Agra, Dwarka, Jabalpur, Bharuch, Nainital, Jim Corbett, Dehradun, Chandigarh, Dehradun, Lucknow, Varanasi, Rajkot, Kanpur, Neemrana, Mysore, Gurugram, Aurangabad, Halol, Yavatmal, Greater Noida, Motera (Ahmedabad), Lonavala, Ambaji, Veraval, Amritsar, and more.


Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

Hyatt Hotels to Sell Playa’s Real Estate Portfolio for $2 Billion

By Nishang Narayan

Published on July 5, 2025

Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.

The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.

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As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.

Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.

Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.


Novotel Visakhapatnam Varun Beach Earns Green Key Certification

Novotel Visakhapatnam Varun Beach Earns Green Key Certification

By Nishang Narayan

Published on July 5, 2025

Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.

Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.

Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”

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The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.

As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.


IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

IHCL to Open New Vivanta in Anjuna, Strengthening Goa Portfolio

By Nishang Narayan

Published on July 5, 2025

Indian Hotels Company (IHCL), India’s largest hospitality player, has announced the signing of a new Vivanta property in Anjuna, Goa. This greenfield project marks another step in IHCL’s strategy to grow its presence across key leisure destinations in India.

Strategically located in Anjuna, celebrated for its vibrant culture and beaches, the upcoming Vivanta Anjuna, Goa will feature 110 well-appointed rooms. Guests can look forward to an array of facilities including an all-day diner, a bar, a swimming pool, a fully equipped gym, and modern conference spaces, catering to both leisure and business travellers.

Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, shared, “IHCL has been at the forefront of pioneering destinations and has played a defining role in putting Goa on the global tourism map for over five decades. This signing is in line with our strategy to expand IHCL’s presence across segments in key leisure markets. We are delighted to strengthen our partnership with Fiesta Hotels with this new project.”

The hotel is being developed by Fiesta Hotels Pvt. Ltd., led by directors Ravinder Kumar, Manju Vardhan, Raj Vardhan, Harsh Vardhan, Gagan Garg, and Gaurav Garg, who have deep investments in real estate and hospitality. Ravinder Kumar, Director, Fiesta Hotels Pvt. Ltd., said, “We are proud to collaborate with IHCL through the addition of our second hotel in Goa. It stands as a testament to our shared vision to deliver exceptional experiences in one of India’s most cherished destinations.”

Goa continues to attract travellers with its sun-soaked beaches, Portuguese-era architecture, thriving culinary and music scene, and vibrant local communities. With this signing, IHCL’s Goa portfolio grows to 18 hotels, including five under development, underscoring its long-standing commitment to shaping Goa’s tourism landscape.

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