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Pride Hotels expands presence in Gujarat

showcasing sustained growth, strong fundamentals, and a future-ready hospitality portfolio.”

Ahmedabad, Pride Hotels Limited, a home-grown hospitality group promoted by Mr. S P Jain, continues to accelerate its capital-efficient expansion strategy with a strong focus on Gujarat, awarded as India’s fastest-growing hospitality chain, the group continues to expand in key business, MICE, and pilgrimage markets.

Founded in 1987 with its first hotel in Pune, Pride Hotels has evolved into a diversified domestic hospitality platform, currently operating 34 hotels and resorts across 32 cities in India with 2723 keys under 4 brands Pride Plaza, Pride Premier, Pride Elite & Biznotel by Pride

Gujarat has emerged as a strategic growth cluster, a key pillar in Pride Hotels’ national expansion roadmap, supported by a rapidly expanding corporate and industrial base, strong momentum in MICE and social events and a well-established spiritual and pilgrimage tourism circuit

The Group already operates hotels across key cities including Ahmedabad, Rajkot, Surat, Vadodara, Gir, Daman, Dwarka, Bharuch, Becharaji, Motera and Gandhinagar, highlighting the state’s strategic importance within Pride’s portfolio.

Pride Plaza Hotel, Ahmedabad, located on SG Highway, was among the earliest branded developments in what has since become a prominent corporate and hospitality corridor. Launched in 2005 and operating with 176 keys, the hotel features a pool, gym, spa, banquets, & 2 restaurants – Café treat & Speciality Restaurant Sizzlin Bbq. The the launch of Biznotel by Pride, Motera in early 2025 & the recent opening of Pride Elite Gandhinagar further strengthens Pride Hotels’ footprint in the Ahmedabad–Gandhinagar region, marking the Group’s third hotel in the immediate Ahmedabad market. As per Horwath Industry Report, Pride Hotels limited is the 3rd Largest hotel in the upscale segment in Ahmedabad,

Pride Hotels’ expansion in Gujarat is anchored by a robust pipeline of managed properties, reflecting the Group’s asset-light, capital-efficient growth strategy. Upcoming projects in the state include Pride Resort Halol, Pride Premier Resort Palitana, Pride Resort Veraval-Somnath, Pride Elite Resort Himatnagar,Pride Elite Navsari Pride Elite Anand & Pride Elite Bhuj.

As part of its brand-led growth strategy, Pride Hotels plans to introduce Pride Luxe, an upper-upscale brand positioned above Pride Plaza, designed to address the rising demand for experiential and destination-led hospitality.

The first Pride Luxe property is planned in Gujarat, and will feature Destination-themed villas, regionally inspired dining concepts, Wellness-led experiences, Immersive cultural programming. Pride Luxe will complement the Group’s existing brand portfolio Pride Plaza, Pride Premier, Pride Elite, and Biznotel by Pride and support Pride Hotels’ continued expansion across India.

With this addition, Pride Hotels will eventually operate 20 hotels across Gujarat, making it one of the Group’s most significant regional clusters.

As of June 30, 2025, Pride Hotels operates 34 hotels with 2723 keys & has 32 hotels under signed management agreements & LOI’s aggregating approximately 2341 Keys. Our balanced mix of owned and asset-light managed hotels gives us scale with capital efficiency.

This pipeline supports expansion across key business, leisure, and pilgrimage destinations, enhancing return on capital. Over the years, Pride Hotels has not just grown but have set benchmarks.

According to Howarth Industry Report Pride Hotels Limited has been the first chain-affiliated hotels in Pune & Nagpur. It is the 4th Largest group among domestic chains within family promoted hotel companies & the 6th Largest hotel chain in India in terms of chain owned inventory in the upscale, upper midscale and midscale segments.

As we move into an exciting new phase of expansion, one of our core strengths has been our strategically located and highly diversified portfolio of hotels and resorts across India. Our presence has been consciously built across key business and gateway markets, high-growth leisure destinations, and culturally significant pilgrimage hubs. This diversification has given us a balanced and resilient portfolio, with 67% of our keys in business markets18% in leisure cities, and 15% in pilgrimage destinations—allowing us to capture year-round demand from corporate travellers, government business, weddings, MICE, domestic tourism, and social celebrations.

Across the country, Pride Hotels operates properties that are deeply intertwined with the identity of their markets. Our flagship Pride Plaza Aerocity New Delhi leverages proximity to the international airport and corporate hubs. Pride Plaza Ahmedabad and Pride Plaza Kolkata benefit from strong commercial zones and convention demand.

Our hotels in Nagpur, Bhopal, Bengaluru, Rajkot, Bharuch, Pune and Motera form the backbone of our business-travel network, catering to corporate, transit, MICE and regional tourism with equal strength.

Over the years, Pride Hotels has built a diversified strong multi-brand portfolio thereby positioning us strongly in the Upscale – Midscale category, comprising Pride PlazaPride PremierPride Elite, and Biznotel by Pride, enabling us to address every major demand segment—from upscale city hotels and resorts to midscale hotels & resorts and smart-stay business hotels

Today Pride Hotels Limited maintains a balanced and robust operating portfolio with 2,723 rooms, 50+ F&B outlets, and 90+ banquet halls across the country.
They also delivered the Second Highest Net Profit Margin among our peers in FY 2024 and FY 2025, which is a reflection of their operational efficiency and disciplined financial approach.


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