BSECompany Update6d ago · 28 Sept 2026, 01:17 pm
Press Release on signing of Hotel Management Agreement
Apeejay Surrendra Park Hotels Ltd · 544111
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Apeejay Surrendra Park Hotels Ltd has signed a Hotel Management Agreement (HMA) for the upcoming Zone Connect by The Park, Bharatpur, Rajasthan, expanding its presence in emerging leisure and tourism destinations in India.
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Governance Concern1/10
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Apeejay Surrendra Park Hotels Ltd - 544111 - Press Release On Signing Of Hotel Management Agreement
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Date: September 28, 2026
Listing Manager, BSE Limited
National Stock Exchange of India Limited Corporate Relationship Department
Exchange Plaza, 5th Floor Plot 1st Floor, New Trading Ring Rotunda Building,
No. C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (E) Mumbai – 400051, India Fort Mumbai – 400001, India
Symbol: PARKHOTELS Scrip Code: 544111
ISIN No.: INE988S01028 ISIN No.: INE988S01028
Subject: Press Release on signing of Hotel Management Agreement
Respected Sir/Ma’am,
We are pleased to inform that Apeejay Surrendra Park Hotels Limited has signed a Hotel
Management Agreement (HMA), for the upcoming Zone Connect by The Park, Bharatpur, Rajasthan,
thereby expanding the brand’s presence across emerging leisure and tourism destinations in India.
The 63-key hotel will offer a comprehensive hospitality experience designed for both leisure and
social occasions and will offer travelers a fresh and affable way to experience Bharatpur and its
surrounding destinations.
A press release on the captioned subject is enclosed herewith, the contents of which are self-
explanatory.
This is for the information of the Exchange and the members.
Thanking you.
Yours sincerely,
For Apeejay Surrendra Park Hotels Limited
Shalini Keshan
(Company Secretary and Compliance Officer)
Membership No.: ACS-014897
Apeejay Surrendra Park Hotels signs HMA for
Zone Connect by The Park Bharatpur, Rajasthan
63-key hotel to bring contemporary hospitality, leisure and destination-wedding experiences to
Bharatpur expected to open in Q3 2026
National, 28 September 2026: Apeejay Surrendra Park Hotels Limited (ASPHL) has signed a
Hotel Management Agreement (HMA) for the upcoming Zone Connect by The Park Bharatpur,
Rajasthan, further expanding the brand’s presence across emerging leisure and tourism
destinations in India.
Located just 3 km from the UNESCO World Heritage Site of Keoladeo National Park (formerly
known as Bharatpur Bird Sanctuary) the hotel offers convenient access to Bharatpur’s rich
natural and royal heritage. Lohagarh Fort and the Government Museum are approximately 7
km away. Its strategic location also provides easy connectivity to iconic destinations including
Fatehpur Sikri, Mathura, Vrindavan and the Taj Mahal in Agra, all within approximately 55 km.
The 63-key hotel will offer a comprehensive hospitality experience designed for both leisure
and social occasions. The property will feature Café C, an all-day dining restaurant; a banquet
hall and landscaped lawns for weddings, celebrations and social gatherings. Guests can also
enjoy and relax at Plunge, the swimming pool.
Commenting on the signing, Mr Vikas Ahluwalia, AVP & National Head – Zone by The Park
Hotels, said, “Bharatpur brings together nature, heritage and leisure, making it an exciting
destination for Zone Connect by The Park. We see an opportunity to bring the brand’s vibrant,
contemporary spirit to the city through engaging social spaces, thoughtful design and
versatile banqueting, including destination weddings. The hotel will offer travellers a fresh
and affable way to experience Bharatpur and its surrounding destinations. Zone Connect
breaks the monotony and creates delightful surprises.”
Mr Himanshu Goyal, Director Kishori Hotels Pvt Ltd, said, “We are delighted to partner with
Apeejay Surrendra Park Hotels for the development of Zone Connect by The Park Bharatpur.
The brand’s contemporary approach, vibrant social spaces and distinctive design will add a
fresh dimension to the city’s hospitality landscape. We look forward to creating a property
that connects with both travellers and the local community while complementing the
character of this remarkable destination.”
About Apeejay Surrendra Park Hotels Limited:
Apeejay Surrendra Park Hotels Limited (ASPHL) is a leading player in the hospitality sector renowned
for its upscale properties and diverse F&B offerings. Since its inception in 1967, with the opening of
its first property in Kolkata under the renowned brand "THE PARK," the Company has expanded its
pan-India presence, operating 42 hotels and a growing 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 their upscale and upper mid-scale
categories, symbolizing excellence in hospitality.
Alongside its core hospitality offerings, ASPHL has a diverse portfolio in food and beverage (F&B) and
entertainment, with restaurants, nightclubs, and bars. The Company also has a well-established
footprint in the retail food and beverage sector through its iconic retail brand 'Flurys,' which includes
a broad network of outlets featuring various formats including kiosks, cafes, and restaurants.
Moreover, the Company's portfolio includes nightclubs and entertainment options, enhancing its
brand positioning and enabling synergistic cross-selling opportunities.
ASPHL is listed on the BSE Ltd (BSE) (Code: PARKHOTELS/544111) and National Stock Exchange of India
Ltd. (NSE) (Symbol: PARKHOTELS) in India.