ScoutQuest28 Sep 2026
Apeejay Surrendra Park Hotels544111New partnership deal

Hotel Management Agreement signed for 63-key Zone Connect by The Park in Bharatpur, Rajasthan

Signed a Hotel Management Agreement for the upcoming Zone Connect by The Park, Bharatpur (Rajasthan) — a 63-key hotel expected to open in Q3 2026.

Hotel Management Agreement
Signed for Zone Connect by The Park, Bharatpur, Rajasthan
Property Size
63-key hotel
Expected Opening
Q3 2026
Location Details
Located 3 km from Keoladeo National Park
Current Portfolio
42 hotels across five brands

What was signed

Apeejay Surrendra Park Hotels has signed a Hotel Management Agreement (HMA) for the upcoming Zone Connect by The Park, Bharatpur, Rajasthan. Under an HMA the company manages the hotel for an owner (here Kishori Hotels Pvt Ltd) rather than owning it, so capital outlay is borne by the owner.

The property

Context

The company operates 42 hotels with owned, leased and managed properties under five brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park and Stop by Zone. It also runs F&B and entertainment formats including the Flurys retail brand.

How investors may read it

This is a pipeline addition in the upper mid-scale managed segment, targeting leisure and destination-wedding demand. Managed hotels typically contribute fee income rather than room revenue, and the contribution would begin only after the hotel opens.

More numbers
  • Hotel keys (rooms)63-key
  • Distance from Keoladeo National Park3 km
  • Distance to Lohagarh Fort / Museumapproximately 7 km
  • Distance to Agra/Mathura etc.approximately 55 km
  • Hotels currently operated42 hotels
  • Brandsfive distinct brands
Source: BSE · 28 Sep 2026

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