Apeejay Surrendra Park Hotels Partners with Luxmi Tea Co for Premium Siliguri Hotel
Apeejay Surrendra Park Hotels Limited has entered into a strategic partnership with Luxmi Tea Co. Private Limited for developing and operating a 100-room premium hotel under 'The Park' brand at Chandmani Tea Estate in Siliguri, West Bengal. The project, scheduled for completion by March 2031, will feature comprehensive facilities including food & beverage outlets, banquet hall, bar, and wellness facilities under a 20-year management agreement.

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Apeejay Surrendra Park Hotels Limited has announced a strategic partnership through a Hotel Management and Licensing Agreement with Luxmi Tea Co. Private Limited for the development and operation of a premium hotel project in West Bengal. The agreement was signed on February 26, 2026, marking a significant expansion for the hospitality company.
Project Details
The partnership involves the development of a 100-room premium hotel under 'The Park' brand, strategically located within the Chandmani Tea Estate in Siliguri, West Bengal. The project will utilize approximately 3.25 acres of land within the tea estate, combining hospitality with the scenic backdrop of a working tea plantation.
| Parameter: | Details |
|---|---|
| Hotel Capacity: | 100 rooms |
| Location: | Chandmani Tea Estate, Siliguri, West Bengal |
| Land Area: | Approximately 3.25 acres |
| Brand: | The Park |
| Expected Completion: | March 2031 |
| Agreement Duration: | 20 years from Opening Date |
Comprehensive Facilities
The hotel project encompasses a range of amenities designed to cater to premium hospitality standards. The development will feature multiple revenue-generating facilities beyond accommodation services.
Key facilities planned for the project include:
- Food & beverage outlets
- Banquet hall for events and conferences
- Bar facilities
- Wellness facilities for guest relaxation
Partnership Structure
Luxmi Tea Co. Private Limited, incorporated under the Companies Act, 1956, serves as the owner in this partnership arrangement. The company maintains its registered office at 17 R N Mukherjee Road, Kolkata, West Bengal. Under the agreement terms, Apeejay Surrendra Park Hotels Limited will handle the operation and management responsibilities for the hotel project.
The 20-year management agreement provides long-term operational stability for both parties, with the timeline commencing from the hotel's official opening date. Construction activities are scheduled to conclude by March 2031, positioning the project for operations in the early 2030s.
Strategic Significance
This partnership represents Apeejay Surrendra Park Hotels Limited's continued expansion strategy in the premium hospitality segment. The unique location within a tea estate offers distinctive positioning in the market, combining luxury accommodation with an authentic tea plantation experience for guests visiting the Siliguri region.
Historical Stock Returns for Apeejay Surrendra Park Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.85% | -5.10% | +1.21% | -20.66% | -22.08% | -39.82% |


































