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Apeejay Surrendra Park Hotels signs two management agreements for hotels in Jaipur, Uttar Pradesh

Apeejay Surrendra Park Hotels Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 544111 | NSE: PARKHOTELS

02 Jul 2025 Evaluate

Apeejay Surrendra Park Hotels (ASPHL) has signed two landmark hotel management agreements (HMA). The company will launch THE Park Jaipur - an owned joint venture with Goyal Group, and introduce its upper-midscale brand Zone by The Park in Govardhan. These agreements mark significant additions to the brand’s expanding footprint, bringing its signature blend of contemporary design, social energy and modern hospitality to culturally and spiritually rich destinations.

THE Park Jaipur will be located in Kukas, an area known for its historical and cultural heritage, just minutes away from Jaipur’s iconic landmarks. Spread across 18,000 square metres, the 150-key hotel is being developed in partnership with Goyal Group from Indore. When open, it will be a new wedding and conference destination and will feature our signature food and beverage brands as well as a wellness centre. It will be positioned as both a luxurious retreat and a buzzing social destination in Rajasthan’s capital.

The second agreement brings Zone by The Park to Govardhan in Uttar Pradesh, a town of immense religious significance. Featuring 75 well-appointed rooms, the hotel is meant for design-conscious price-conscious travellers, offering contemporary comfort alongside curated experiences for pilgrims, leisure travellers, and event-goers. It will also include spacious banquet halls; its signature pool-Playa; Vitalia Spa, and all-day dining-Bazaar catering to both leisure and wellness travellers. Strategically located, Zone by The Park Govardhan offers convenient access to major pilgrimage sites including Mathura (25 km) - the birthplace of Lord Krishna, and Vrindavan (24 km), known for its temples and spiritual heritage.

With these signings, Apeejay Surrendra Park Hotels continues to strengthen its presence across India. With a strong design philosophy and a focus on creating buzzing social hubs, the brand remains at the forefront of shaping contemporary Indian hospitality.

Apeejay Surrendra Park Hotels is engaged in the hospitality business operating under the brand names of 'THE PARK', 'THE PARK Collection', 'Zone by The Park', 'Zone Connect by The Park' and 'Stop by Zone'.

Apeejay Surrendra Share Price

120.02 -2.05 (-1.68%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Indian Hotel	657.50
ITC Hotels	162.25
EIH	332.35
Chalet Hotels	791.05
Mahindra Holi.&Resor	268.20
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Apeejay Surrendra Park Hotels signs two management agreements for hotels in Jaipur, Uttar Pradesh

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