Park Hotels to Double Portfolio, Targeting 5,800 Rooms by 2030

Park Hotels, part of the Apeejay Surrendra Group, has outlined an ambitious expansion strategy that will nearly double its current room inventory, targeting 5,800 rooms by FY 2030, up from roughly 2,500 rooms today.

This growth will come through a mix of owned, managed, leased, and acquired properties as the company strengthens its presence across India’s fast-growing hospitality market. The company expects revenues to triple over the next few years, driven by a surge in domestic travel, high wedding-season demand, and major global events such as the T20 World Cup, which are boosting occupancy across key cities.

Key Highlights

• Park Hotels targets 5,800 rooms by 2030, doubling current capacity
• Q2 FY26 revenue hit Rs. 165 crore with 93 percent occupancy
• Expansion boosted by acquisitions, new Kolkata project, and Flurys growth

In Q2 FY26, Park Hotels reported Rs. 165 crore in revenue with a healthy 93 percent occupancy rate, underscoring the sector’s resilience and strong traveler appetite.

Park Hotels is pursuing an asset-light growth model, focusing on management contracts and strategic acquisitions. A major step in this direction is the acquisition of Zillion Hotels and Resorts in Mumbai, which strengthens its portfolio in India’s most competitive hospitality market. The company is also preparing to launch a flagship property in Kolkata by early 2026, expanding its footprint in eastern India.

Additionally, the company’s iconic Flurys food and beverage brand continues to scale rapidly, contributing 8–10 percent of total revenue, and serving as a strong ancillary business stream.

Also Read: Apeejay Surrendra Park Hotels Targets 74 Properties by FY30

With expansion, diversification, and high occupancy, Park Hotels is positioning itself as a major player in India’s hospitality growth cycle through 2030.