Apeejay Surrendra Park Hotels Limited, part of the Apeejay Surrendra Group, is a prominent player in India's hospitality sector, with a rich history dating back to its inception as Budget Hotels Limited in 1987. The company underwent several mergers, including with Apeejay Hotels Delhi and Gemini Hotels, and rebranded in 2004. It operates under three brands: 'THE PARK,' 'THE PARK Collection,' and 'Zone by The Park,' owning and managing hotels across major Indian metros and cities like Bangalore, Chennai, Hyderabad, and Mumbai. Additionally, it runs a successful retail food and beverage segment under the brand 'Flurys.'
The company has expanded its operations through strategic amalgamations with several subsidiaries and the acquisition of Flury's Swiss Confectionery business in 2019. In 2024, Apeejay Surrendra Park Hotels raised Rs 920 Crore through a public issue to further bolster its financial position and growth prospects. This move underscores its commitment to expanding its footprint in India's competitive hospitality market.
