BSECompany Update3d ago · 1 Oct 2026, 01:57 pm

Press Release regarding launch of "Zone Connect by The Park", Visakhapatnam

Apeejay Surrendra Park Hotels Ltd · 544111

✦ AI Summary▲ PositiveExpansion

Apeejay Surrendra Park Hotels Ltd has launched its second hotel in Visakhapatnam, Zone Connect by The Park, with 52 keys and contemporary design, social spaces, and hospitality.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment6/10

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Apeejay Surrendra Park Hotels Ltd - 544111 - Press Release Regarding Launch Of 'Zone Connect By The Park', Visakhapatnam

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Date: October 01, 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 regarding launch of “Zone Connect by The Park”, Visakhapatnam Respected Sir/Ma’am, We are pleased to announce the launch of Zone Connect by The Park Visakhapatnam, thereby further strengthening the Company’s presence with its second hotel in the city. Strategically located on Beach Road, the 52-key hotel brings Zone’s contemporary design, vibrant social spaces and warm, connected hospitality to one of Andhra Pradesh’s most dynamic coastal 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 Encl: As above Zone Connect by The Park launches in Visakhapatnam, marking ASPHL’s second hotel in the city National, 01 October 2026: Apeejay Surrendra Park Hotels Limited (ASPHL) has further strengthened its presence in Visakhapatnam with the launch of Zone Connect by The Park Visakhapatnam, its second hotel in the city. Strategically located on Beach Road, the new hotel brings Zone’s contemporary design, vibrant social spaces and warm, connected hospitality to one of Andhra Pradesh’s most dynamic coastal destinations. Positioned along Visakhapatnam’s iconic Beach Road, the hotel places guests close to the city’s key business, commercial and transport hubs:  Visakhapatnam Railway Station: 4.9 km  Visakhapatnam Port: 2.5 km  Alluri Sitarama Raju International Airport: 48.6 km The 52-key hotel o(cid:431)ers a contemporary stay experience designed for both business and leisure stays, alongside spaces designed for social occasions. The property brings together Café C, an all-day dining restaurant; an open-air co(cid:431)ee shop overlooking the Bay of Bengal; and a terrace swimming pool o(cid:431)ering panoramic sea views. Indoor banquet spaces accommodating up to 300 guests cater to weddings, celebrations, conferences and corporate gatherings, while Grey Zone o(cid:431)ers a dedicated setting for intimate meetings and smaller corporate requirements. Bright, spacious and clutter-free interiors add to the relaxed, contemporary character of the hotel. Commenting on the launch, Mr Botcha Suresh Kumar, Managing Director and Mr Veda Vyas Botcha, Director, M/s Hema Abodes Private Limited, said, “We are delighted to partner with Apeejay Surrendra Park Hotels Limited to bring Zone Connect by The Park to Visakhapatnam. We have great confidence in ASPHL’s expertise and proven track record in hospitality, and believe that its brand strength will add significant value to this partnership. The development will create local employment opportunities and contribute to the wider hospitality ecosystem.” Commenting on occasion, Mr Vikas Ahluwalia, AVP and National Head Zone by The Park, said, “The opening of Zone Connect by The Park Visakhapatnam marks an important milestone in our growth journey, further strengthening our presence and commitment to Andhra Pradesh as a high-potential market. Visakhapatnam’s strong mix of business, leisure and coastal appeal, makes it a natural fit for Zone Connect. The hotel’s location and o(cid:431)ering are well suited to the city’s evolving hospitality needs, and we believe it will add a distinctive new address to the 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 o(cid:431)erings. 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 o(cid:431)erings, 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. For further information, please contact: Ruchika Pandit | +91 - 9910332565 rpandit@theparkhotels.com Simran Sethi | +91 - 8425928828 simran.sethi@bursonglobal.in For more information about us, please visit www.theparkhotels.com or contact: DISCLAIMER: Certain statements made in the press release may be forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might di(cid:431)er substantially from those expressed or implied. Apeejay Surrendra Park Hotels Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward- looking statements to reflect subsequent events or circumstances.