Apeejay Surrendra Park Hotels signs HMA for 50-key Aurangabad property
- Apeejay Surrendra Park Hotels signed a Hotel Management Agreement for Zone Connect by The Park Aurangabad
- The new property is a 50-key hotel located on Beed Bypass in Chhatrapati Sambhajnagar
- The hotel targets both business travellers from industrial zones and leisure tourists exploring heritage sites
- Amenities include Café C restaurant, banquet halls, meeting rooms, and Vitalia Gym & Spa

*this image is generated using AI for illustrative purposes only.
Apeejay Surrendra Park Hotels has signed a Hotel Management Agreement for Zone Connect by The Park Aurangabad, a new 50-key property in Chhatrapati Sambhajnagar. This expansion targets the city's growing hospitality demand, catering to both corporate and leisure travellers.
The upcoming hotel is located on Beed Bypass, strategically positioned to serve guests visiting the city's industrial hubs and cultural sites. It aims to provide a comprehensive stay experience with contemporary dining, meeting facilities, and wellness options under one roof.
Strategic location and target market
The property is designed to cater to a diverse mix of travellers, including corporate guests visiting the nearby MIDC industrial zones, families, and leisure tourists. Its proximity to key transport links and popular wedding venues positions it well for both business travel and social occasions.
For leisure travellers, the hotel serves as a base for exploring Chhatrapati Sambhajnagar's heritage, including the iconic Ajanta and Ellora caves, historic forts, and museums. This dual focus on business and leisure aligns with the brand's strategy to capture varied visitor segments.
Property amenities and features
The 50-key hotel will feature several amenities designed to enhance guest convenience and comfort:
- Accommodation: Contemporary rooms tailored for both short business stays and extended leisure visits.
- Dining: Café C, the brand's all-day dining restaurant, offering culinary experiences for hotel guests.
- Business Facilities: A banquet hall and meeting room/boardroom for corporate meetings and social gatherings.
- Wellness: Vitalia Gym & Spa providing dedicated fitness and wellness services.
Executive commentary
Vikas Ahluwalia, AVP & National Head – Zone by The Park Hotels, stated that the signing reflects the company's intent to expand into destinations with mixed business and heritage appeal. He noted that the location on Beed Bypass, combined with essential amenities, will ensure a comfortable stay for diverse guest profiles.
The partners of M/s S.M Squad expressed enthusiasm about partnering with Apeejay Surrendra Park Hotels to enhance the local hospitality landscape. They emphasized creating a welcoming space for visitors and the local community through this project.
Company portfolio context
Apeejay Surrendra Park Hotels operates 42 hotels across India under five distinct brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. The company also maintains a significant presence in food and beverage and entertainment sectors, including the retail brand Flurys.
Historical Stock Returns for Apeejay Surrendra Park Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.53% | -2.37% | -6.31% | -17.31% | -31.98% | -50.58% |
How will the opening of Zone Connect by The Park Aurangabad impact the average daily rates and occupancy levels of existing competitors in the Chhatrapati Sambhajnagar hospitality market?
What specific infrastructure developments or industrial growth projections in the nearby MIDC zones are driving Apeejay Surrendra Park Hotels' confidence in this new 50-key expansion?
How does the 'Zone Connect' brand strategy differ from 'Zone by The Park' in terms of capital expenditure requirements and expected return on investment for franchise partners?


































