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By Manu Vardhan Kannan
Published on December 12, 2024
Stone Wood Hotels & Resorts, a prominent Goa-based boutique hospitality company, has unveiled bold plans to expand its portfolio to 50 properties across India within the next five years. The company currently operates 16 boutique hotels and resorts and plans to add 5-6 properties annually through a combination of management contracts, lease agreements, and owned properties. This expansion aims to offer guests a unique blend of affordable luxury while reaching a broader spectrum of travelers.
Stone Wood’s growth strategy includes establishing a strong presence in both serene, nature-rich destinations and bustling Tier 1 cities. The company is targeting tranquil locales like Kabini, Coorg, Jawai, and Ranthambore for its owned properties, offering peaceful escapes for nature lovers. At the same time, Stone Wood is expanding into urban markets like Delhi NCR, Mumbai, Bengaluru, Amritsar, and Chandigarh through lease and revenue-sharing models, responding to the growing demand for luxury stays in key cities.
To cater to the diverse needs of its guests, Stone Wood has also launched a refreshed branding strategy with three distinct sub-categories: Stone Wood Hotels, Stone Wood Premier, and Stone Wood Comfort.
Stone Wood Hotels: Focuses on quality, comfort, and memorable experiences in leisure, business, pilgrimage, and wellness settings.
Stone Wood Premier: Offers premium accommodations with spacious rooms, multiple dining options, and enhanced facilities.
Stone Wood Comfort: Aimed at value-conscious travelers, offering affordable yet comfortable stays.
"Our vision is to redefine boutique hospitality by offering guests unique experiences that combine premium services with exceptional value," said Shikhar Kumar, Managing Director of Stone Wood Hotels & Resorts. "The introduction of our new brand categories and aggressive expansion plans reflect our commitment to bridging the gap between affordability and luxury, creating experiences that resonate with today’s discerning travelers."
The group’s in-house construction arm plays a vital role in supporting this expansion by enabling rapid development of owned properties. This ensures quality control and timely execution of projects, with upcoming developments in key destinations like Calangute, Kasauli, and Jawai. These projects highlight Stone Wood's ability to deliver properties that align with its high standards.
Stone Wood Hotels & Resorts has gained a reputation for maintaining impeccable service standards and building trust with property owners. Many management companies struggle to meet quality expectations, but Stone Wood has built itself as a reliable partner by ensuring properties are managed with the utmost care.
With its bold expansion strategy, refreshed branding, and dedication to guest satisfaction, Stone Wood Hotels & Resorts is set to make a significant impact on India’s hospitality landscape. Offering a range of premium and value-driven options, the company is poised to set new benchmarks in boutique hospitality.
Founded in 2017 and based in Goa, Stone Wood Hotels & Resorts offers boutique stays that combine value and luxury across prime destinations in India. From the beaches of Goa to the lush landscapes of Karnataka and the serene mountains of Himachal Pradesh, Stone Wood promises a memorable stay with exceptional service, premium amenities, and personalized experiences.
Website: Stone Wood Hotels & Resorts
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