Tag Archives: LaRiSa Hotels & Resorts

Two hospitality companies have aligned forces, creating one powerhouse organization strategically positioned for the future of the Indian hospitality industry: LaRiSa Hotels and Resorts that owns and operates hotels with a portfolio of 8 properties across India and AM Hotel Kollection that manages experiential boutique hotels with 18 properties have a combined annual operating revenue of more than INR 100 Crore with 26 operational units comprising 950 keys and another 6 hotels with 120 keys on the anvil. In its new avatar, the new company under the brand LaRiSa Hotels and Resorts captures the passions and unique strengths of AM Hotel Kollection, an established operator managing independent and lifestyle properties, and LaRiSa Hotels, known for its owned and operated hotels, as well as curated and experiential hospitality. This merger will drive greater success and provide the necessary momentum for accelerated growth – giving the company an opportunity to participate in Branded and Co-branded ownership and management space. Their combined centers of excellence will make it the property manager and employer of choice as it delivers improved and accelerated results focused on service to owners and hotel guests. Over the next few years, the merged entity expects a 20-25% growth from the existing and also hopes to enhance the revenue through new acquisitions and management contracts. Hospitality innovators join forces Leading the new company are Ms. Priya Thakur – Owner and Director of Larisa Hotels and Mr. Randhir Narayan—Founder and CEO of AM Hotel Kollection. This transformative partnership merges Larisa’s signature collection with AM Hotel Kollection’s unique hotels across India and beyond, creating a collective portfolio of 32 diverse hotels, resorts and villas. This landmark merger cements Larisa’s position as a …

Read More »