Apeejay Surrendra Park Hotels Accelerates Growth with Launch of Three New Properties

Apeejay Surrendra Park Hotels Accelerates Growth with Launch of Three New Properties

Apeejay Surrendra Park Hotels Accelerates Growth with Launch of Three New Properties​

Apeejay Surrendra Park Hotels Limited announced the launch of three new hotels on March 31, 2026, marking an expansion across key leisure destinations in India. The Group introduced Zone by The Park Darjeeling, Zone Connect by The Park Gangtok, and Zone Connect by The Park Katra.

The simultaneous entry into these strategic locations further strengthens the company's position within India's design-led and mid-scale hospitality segments.

Zone by The Park Darjeeling signifies the brand's entry into one of India's most iconic hill destinations, offering a signature design-forward sensibility, vibrant social spaces, and tech-enabled hospitality to the 'Queen of the Hills.' Meanwhile, Zone Connect by The Park Gangtok addresses the rising demand for well-planned stays in a key hill destination, serving both leisure and adventure travelers. The introduction of Zone Connect by The Park Katra establishes the brand's presence in one of India's most prominent spiritual destinations, providing comfortable and efficient accommodations for pilgrims and travelers.

Mr Vikas Ahluwalia, Associate Vice President and National Head - Zone by The Park Hotels, stated that the triple launch underscores the company's commitment to rapid growth and the strategic diversification of its portfolio. He noted that establishing a presence in varied locations, from the spiritual hub of Katra to the serene heights of Darjeeling and Gangtok, helps meet the evolving needs of the modern traveler.

With this expansion, Apeejay Surrendra Park Hotels Limited continues to bridge the gap between accessibility and experience-led hospitality by delivering a consistent brand offering across diverse terrains.

Apeejay Surrendra Park Hotels Limited (ASPHL) is recognized as a leading player in the hospitality sector, known for its upscale properties and diverse food and beverage offerings. Since its commencement in 1967 with the opening of its first property in Kolkata under "THE PARK," the Company has expanded its national footprint.

The Group currently operates 39 hotels and manages a portfolio of owned, leased, and managed properties under five distinct brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. These brands are known for operating in the upscale and upper mid-scale hospitality categories.

In addition to its core hospitality offerings, ASPHL maintains a diverse portfolio in food and beverage and entertainment, including restaurants, nightclubs, and bars. The company also operates a significant retail food and beverage presence through its brand 'Flurys,' which features a network of 105 outlets across formats such as kiosks, cafes, and restaurants.

Apeejay Surrendra Park Hotels Limited is listed on the BSE Ltd with the scrip code PARKHOTELS/544111 and on the National Stock Exchange of India Ltd with the symbol PARKHOTELS.

PARKHOTELS Stock Price Movement​

In today's trade, Apeejay Surrendra Park Hotels Limited shares are currently trading between ₹104.86 and ₹109.08, currently at ₹107.04. The stock is seeing low activity in today's trading session.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top