Apeejay Surrendra Park Hotels strengthens religious footprint with Dual Signings in Ayodhya and Ujjain

Apeejay Surrendra Park Hotels Limited (ASPHL) has announced the signing of two hotel management agreements for the development of Zone Connect by The Park, Ayodhya and Zone Connect by The Park, Ujjain, marking a strategic expansion into two of India's most prominent spiritual destinations.

This dual signing strengthens ASPHL's focused growth strategy of positioning its presence in key pilgrimage circuits, catering to the evolving needs of modern travellers seeking comfortable, design-led hospitality experiences in culturally significant locations.

Located in the sacred city of Ayodhya, Zone Connect by The Park, Ayodhya will feature 56 well-appointed rooms. The hotel is strategically located in close proximity to the revered Ram Janmabhoomi, approximately 4.9 km and Maharishi Valmiki International Airport, approximately 6 km. The hotel will offer an all-day dining restaurant Café C and a rooftop restaurant, along with Plunge - swimming pool and Vitalia gym. A banquet hall will further enhance its offering, making it suitable for social gatherings and celebrations.

In Ujjain, one of India's most iconic pilgrimage destinations, Zone Connect by The Park, Ujjain will feature 64 well-appointed rooms. Located approximately 7 km from Ujjain Railway Station and 8 km from the iconic Mahakaleshwar Jyotirlinga Temple, the hotel will also offer convenient access to Devi Ahilya Bai Holkar Airport. The hotel will include Café C-an all-day dining restaurant, Plunge- swimming pool along with fitness and wellness facilities.

Commenting on the signings, Mr Vikas Ahluwalia, AVP & National Head - Zone by The Park Hotels, said, "We are delighted to expand our footprint in two of India's most significant spiritual destinations - Ayodhya and Ujjain. These signings mark an important step in strengthening our presence in the pilgrimage tourism segment. As demand for quality hospitality infrastructure continues to grow in these cities, we aim to offer vibrant, contemporary stays that resonate with the needs of today's travellers while staying connected to the local ethos."

Mr Vivek Jaiswal, Owner, M/s Hotel Saroj Sons, added, "We are pleased to partner with Apeejay Surrendra Park Hotels Limited for Ayodhya. With their strong brand legacy and operational expertise, we are confident of creating a compelling hospitality offering for the growing influx of visitors to the city."

Mr Jyoti Saran Agarwal, Partner at Shubh Aagman Hotels LLP, added, "Our collaboration with ASPHL for Ujjain reflects a shared vision of delivering quality hospitality in one of India's most important spiritual destinations. We look forward to bringing a contemporary and comfortable stay experience to travellers visiting the city."

With these additions, ASPHL continues to expand its Zone by The Park portfolio, reinforcing its commitment to high-growth markets and strengthening its presence across India's key cultural and religious destinations with hotels that are stylish, social, and rooted in local context.

Shares of Apeejay Surrendra Park Hotels Limited was last trading in BSE at Rs. 120.02 as compared to the previous close of Rs. 122.07. The total number of shares traded during the day was 11042 in over 204 trades.

The stock hit an intraday high of Rs. 123.03 and intraday low of 119.37. The net turnover during the day was Rs. 1341028.00.

Source : Equity Bulls

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