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      ‘Prime AAA locations will remain central to our strategy’: JB Singh, President and CEO, InterGlobe Hotels

      April 3, 2025

      Breaking Barriers and Leading with Excellence: Women in Hospitality

      March 7, 2025

      Indian Hospitality Industry Poised for Continued Growth in 2025

      January 15, 2025

      ‘India’s non-metro cities are at the heart of the country’s hospitality growth, offering immense potential and untapped opportunities’

      October 8, 2024

      ‘Telangana’s hospitality sector deserves industry status for fair recognition and support’: Sandeep Joshi

      May 16, 2025

      ‘We’re not just hosting events but also shaping Hyderabad’s reputation as India’s top MICE destination’ : Rubin Cherian

      April 21, 2025

      ‘Hotels blending local charm with sustainability to lead next phase’ : Jitendra Taak

      April 4, 2025

      Timbertales Coorg Aims to Become South India’s Top Luxury Resort

      March 6, 2025

      ‘Evolving client preferences drive demand for hybrid capabilities, immersive experiences, and personalised touches’ : Prithvi Pal Singh

      May 17, 2025

      ‘Telangana’s hospitality sector deserves industry status for fair recognition and support’: Sandeep Joshi

      May 16, 2025

      Luxury Whisky brand The Dalmore targets India’s growing market for single malts

      May 6, 2025

      ‘We’re not just hosting events but also shaping Hyderabad’s reputation as India’s top MICE destination’ : Rubin Cherian

      April 21, 2025

      Culinary Art India 2025: A Celebration of India’s Evolving Hospitality Landscape

      March 7, 2025

      ProWine Mumbai 2024: A Toast to Excellence in Wine and Spirits

      December 4, 2024

      7th AHP Hospitality Excellence Awards Celebrating Innovation, Diversity, and the Future of Hospitality

      July 26, 2024

      IHC-IIHM International Hospitality Day Awards celebrates the Glamorous Hospitality Industry of Mumbai

      July 5, 2024

      ‘Guests today seek an overall experience rather than just good food or stay‘: Chef Satyakumar GV, Executive Chef, Sheraton Hyderabad Hotel

      January 28, 2025

      Young Chefs from 50 Nations to Compete at 11th International Chef Olympiad, Feb 2-8, 2025

      January 28, 2025

      IIHM and IHC Celebrates International Hospitality Day 2024

      April 29, 2024

      Food Trends Predictions for 2024

      November 24, 2023

      ‘Telangana’s hospitality sector deserves industry status for fair recognition and support’: Sandeep Joshi

      May 16, 2025

      ‘We’re not just hosting events but also shaping Hyderabad’s reputation as India’s top MICE destination’ : Rubin Cherian

      April 21, 2025

      ‘Hotels blending local charm with sustainability to lead next phase’ : Jitendra Taak

      April 4, 2025

      ‘We plan to drive higher RevPAR and occupancy through dynamic pricing, targeted marketing campaigns, and expanding corporate tie-ups’: Manoj Jangid

      March 29, 2025

      Balancing Luxury and Sustainability

      May 14, 2025

      ‘Weddings and Room Bookings Drive Significant Revenue Growth’: Anirban Sarkar, General Manager, Radisson Blu Greater Noida

      January 15, 2025

      Luxury Hospitality in India: A Market on the Rise

      December 3, 2024

      Redefining Indian hospitality, the TECH way

      June 6, 2024
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      The Cart or the Horse?

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      M+A+S=H

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      What is the most important part of developing a risk management plan for a hotel?

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      HOTELS, HOSPITALS AND OPPORTUNITIES

      August 24, 2022

      Role of Facility Management in Experiential Tourism: Shaping Unforgettable Journeys in India

      September 27, 2023

      Occupancy Upsurge: Reinvigorating Business

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      Lessons from 20:20 for 2020

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      December 30, 2019
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      SulaFest 2025 Kicks Off Its 14th Edition

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      August 1, 2024

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      April 24, 2024

      WIPS-Nashik revived by Govt of Mah, HRAWI applauds the move

      January 23, 2024

      Loca Loka Tequila Wins Gold and Silver at 2025 SFWSC

      May 19, 2025

      Indian Liquor Makers to See Over 10% Revenue Growth in FY26

      May 18, 2025

      Karnataka Increases Beer, Liquor Prices by 5% in 4th Hike In 2 Years

      May 18, 2025

      Quro Debuts as India’s First Signature Liqueur

      May 14, 2025

      F&B major FSIPL announces 8 New Products

      October 19, 2022

      The Health Factory startup raised INR 2 crore expanded seed funding

      August 22, 2022

      Sattvik Certifies Indian Beverages Company VARAHI Pvt Ltd

      August 22, 2022

      Cold Chain Storage & Supply to Boost the Consumption of Frozen Poultry

      May 5, 2020

      ‘Our HoReCa clients have saved between INR 2 Lac and INR 15 Lac per year by using our products’ : Jesal Sampat, Executive Director, Pune Gas

      March 29, 2024

      UNESCO New Delhi seeks for expression of interest for catering services

      March 19, 2024

      ‘HoReCa Channel Contributes 80-85% of Real Good Chicken’s Revenue’ : Abhay Parnerkar, CEO, Godrej Tyson Foods

      August 30, 2023

      X Events Hospitality launches #chefstogether campaign to celebrate International Chefs Day

      August 25, 2022

      ‘We are planning to raise around INR 25 cr within 8-10 months’ : Krunal Oza, Founder & CEO of Hustlers Hospitality

      September 2, 2022

      A Feast for the Senses; Sheraton Hyderabad’s Culinary Gem

      February 2, 2025

      Roastery Coffee House : More than just a place to dine

      June 14, 2024

      Glocal Junction: Lifting modern Indian cuisine to new heights

      January 10, 2023

      Little Italy Hyderabad: An Italian gastronomic paradise nestled amidst Jubilee Hills

      December 7, 2022

      ‘Shoyu’ Brings Modern Asian Flavors to Hyderabad

      March 7, 2025

      A Feast for the Senses; Sheraton Hyderabad’s Culinary Gem

      February 2, 2025

      Firewater Neo Bar and Kitchen Sparks Culinary Magic in the Financial District

      February 2, 2025

      Roastery Coffee House : More than just a place to dine

      June 14, 2024

      Kolkata Orders Rooftop Restaurants Closed After Hotel Fire

      May 8, 2025

      Yi Jing at ITC Kohenur Offers a Culinary Escape with New Summer Menu

      May 7, 2025

      18% GST on Meals in Specified Hotels Elevates Dining and Event Costs

      April 14, 2025

      Clara Beach Haven Opens in Goa, Blending Art, Elegance, and Culinary Excellence

      April 7, 2025
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      Association of Hospitality Professionals Announces the Seventh Edition of Hospitality Challenge 2024

      June 28, 2024

      IIHM and Mayfair Hotels & Resorts Forge Strategic Partnership with MoU Signing

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      ‘We focus on equipping students with essential skills‘

      May 6, 2024

      IIHM and IHC Celebrates International Hospitality Day 2024

      April 29, 2024

      Hyatt India collaborates with CII & EHL to launch Vocational Training across its properties in Delhi, NCR and Lucknow

      July 25, 2024

      Association of Hospitality Professionals Announces the Seventh Edition of Hospitality Challenge 2024

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      ‘We focus on equipping students with essential skills‘

      May 6, 2024

      Apeejay Institute of Hospitality celebrates the graduation of the class of 2024

      April 4, 2024

      Le Cordon Bleu Gurugram Unveils Advanced Hospitality Training Facilities

      March 20, 2025

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      May 9, 2024

      ‘We focus on equipping students with essential skills‘

      May 6, 2024

      Apeejay Institute of Hospitality celebrates the graduation of the class of 2024

      April 4, 2024

      IHM Ranchi and Art of Living Partner for Youth Empowerment

      April 16, 2025

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      March 26, 2025

      Le Cordon Bleu Gurugram Unveils Advanced Hospitality Training Facilities

      March 20, 2025

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      HPMF Inaugurates 14th Annual Convention with Grand Ceremony in Lucknow

      September 27, 2024

      HPMF Joins Governing Body of Tourism and Hospitality Skill Council

      June 24, 2024

      HPMF to celebrate 14th Anniversary with Awards in Lucknow and Ayodhya Dham

      June 7, 2024

      ‘Addressing the gap between industry demand and workforce skills is a critical challenge’

      May 14, 2024

      ‘Our HoReCa clients have saved between INR 2 Lac and INR 15 Lac per year by using our products’ : Jesal Sampat, Executive Director, Pune Gas

      March 29, 2024

      Hafele Introduces India’s First One Touch Cabinet Mechanism

      January 30, 2024

      X Events Hospitality launches #chefstogether campaign to celebrate International Chefs Day

      August 25, 2022

      Celebrated Chef Anton Mosimann Awarded with Swiss Culinary Merit of Honor

      July 25, 2021

      HRAWI organises FSSAI’s latest FoSTaC Programme in Mumbai

      December 20, 2023

      HRAWI organises Fire Marshals Training Programme

      April 17, 2019

      HRAWI organises fire safety training for hotels & restaurants in Mumbai

      March 20, 2019

      Hyatt and Quimera Energy Efficiency wins the AEE’s Western Europe Region Energy Project Award 2018

      November 9, 2018

      Rajj Tandoors Redefines Tandoor Cooking with Global Vision and Chef-Centric Innovation

      May 12, 2025

      ‘Our HoReCa clients have saved between INR 2 Lac and INR 15 Lac per year by using our products’ : Jesal Sampat, Executive Director, Pune Gas

      March 29, 2024

      GRAFF Unveils the Futurismo Collection for the Kitchen

      September 16, 2023

      EssEmm Corporation launches Cosmos Nut Butter Grinder

      August 4, 2022

      HPMF Signs Landmark MOU with WineGAI

      March 30, 2025

      HPMF and ICF Join Forces to Transform India’s Hospitality Sector

      March 7, 2025

      ‘Addressing the gap between industry demand and workforce skills is a critical challenge’

      May 14, 2024

      Global Revenue Forum 2023 to host Opportunity 2023

      January 12, 2023
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    Home » ‘We will continue focusing on the mid-market hotel and service apartment sectors’: Jaideep Ahuja, the Managing Director and CEO of Ahuja Residency
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    ‘We will continue focusing on the mid-market hotel and service apartment sectors’: Jaideep Ahuja, the Managing Director and CEO of Ahuja Residency

    Asmita MukherjeeBy Asmita MukherjeeFebruary 3, 2025No Comments5 Mins Read
    Jaideep Ahuja, the Managing Director and CEO of Ahuja Residency
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    Ahuja Residency, with a presence of over 500 properties across major Indian cities like Delhi NCR, Mumbai, Pune, Bangalore, and Chennai, has consistently redefined industry standards. In a candid conversation, Jaideep Ahuja, the Managing Director and CEO of Ahuja Residency at the helm of this dynamic enterprise, opens up about the challenges faced, the strategic decisions that propelled their remarkable growth, and the ambitious vision to expand their footprint across India and the Middle East.

    From starting as a bed to breakfast, during the 1982 Asian Games to becoming the leader in the service department sector, What were the key factors behind the transformation?

    Our group has always been rooted in hospitality, staying firmly focused on this sector. Recognizing the lack of quality and consistency in the budget segment, we set out to standardize the guest experience across all our properties whether residencies, guest houses, or hotels.

    Smaller properties often lack professional staff compared to larger hotels. However, our dedicated focus on hospitality and a skilled management team enabled us to overcome this challenge. By bringing in top talent, we ensured a superior and reliable guest experience, setting a new benchmark for quality in the budget segment.

    What challenges did you face while introducing this concept in India, and how did you overcome them to set industry benchmarks?

    In the ’80s and ’90s, serviced apartments were an undefined category, and introducing the concept posed a major challenge. As we scaled—managing 500 apartments in one location—the complexity of operations became clear. Unlike hotels with structured hierarchies, serviced apartments require self-reliant teams, as daily supervision isn’t feasible. Hiring for such roles, especially in India where multi-layered oversight is the norm, has been a significant hurdle.

    Compounding this, 80% of our clientele is Japanese, known for their exacting standards. To meet these expectations, we implemented rigorous training and a cultural immersion program, sending 6–10 senior team members annually to Japan. This initiative has been pivotal in bridging cultural gaps and delivering the perfection our clients expect.

    With over 500 properties across major cities, what strategies and milestones contributed to Ahuja Residency’s nationwide growth?

    Our nationwide growth has been driven by the trust we’ve built with Japanese and Korean communities. Starting in Delhi NCR, we followed their expansion to areas like Gujarat, Andhra Pradesh, and Neemrana, setting up serviced apartments at their request based on positive experiences in Gurgaon.

    Expanding across states comes with challenges, as each market requires a deep understanding. However, our strong relationships with Japanese and Korean clients gave us a strategic advantage. In cities like Mumbai, where we already had a hotel presence, we leveraged ties with corporate clients like Nestlé to serve them across multiple locations. Building trust was key once established, it enabled seamless expansion.

    The demand for serviced apartments has grown with the rise of long-term stays and flexible accommodation preferences. What trends have you noticed within your portfolio?

    The demand for serviced apartments is rapidly increasing in metropolitan cities like Mumbai, Bengaluru, Delhi NCR, and Pune due to India’s growing appeal for business, tourism, and urban living. Here’s why this trend is taking off:

    1. Rise in Business Travel– With expanding IT parks and industrial hubs, economic activity has surged, leading to more business travel. Serviced apartments offer the perfect balance of cost, comfort, and privacy, making them ideal for professionals on long-term projects or out-of-town meetings.
    2. Tourism and Medical Travel- These cities attract domestic and international tourists for their culture, history, and medical facilities. Serviced apartments cater to families and long-term guests seeking affordable yet comfortable stays, further driving demand.
    3. Expats and Migrants– The rise of expat workers, consultants, and relocated professionals has fueled the need for “home away from home” accommodations. Serviced apartments, with kitchens, laundry, and personalized furniture, meet this demand, especially in tech-driven cities like Bengaluru and Pune.
    4. Post-Pandemic Preferences– The pandemic shifted preferences toward self-contained, sanitized, and private accommodations. Serviced apartments provide a safer alternative to crowded hotels, and the rise of remote work has made them even more appealing. Additionally, property owners are increasingly leasing unused homes to service providers, boosting the supply ecosystem.
    5. Opportunities for Investors and Developers- This trend presents a lucrative opportunity for investors and developers, especially in cities with a balanced demand-supply equation like Mumbai’s business districts, Bengaluru’s IT hubs, and Gurgaon in Delhi NCR. However, success depends on selecting prime locations and maintaining high-quality infrastructure.

    Serviced apartments are emerging as a preferred choice, meeting the evolving needs of travellers and residents while creating significant opportunities for the real estate and hospitality sectors.

    Which cities or regions have shown the highest demand for serviced apartments? Can you share any data on occupancy rates, average guest stays, or demographics across your properties?

    The demand for apartments is rising nationwide, fueled by growth in metro cities like Mumbai, Delhi, Bangalore, Hyderabad, and Pune, along with emerging IT and manufacturing hubs. Foreign investments, particularly from regions like Spain, attract expats who follow the money, driving further demand for housing. Gujarat and Maharashtra are seeing the largest influxes, but there is also notable development in Uttar Pradesh and Madhya Pradesh. Infrastructure projects, such as the Mumbai-Ahmedabad bullet train, bring in additional expats, further boosting housing needs. Despite this growth, the apartment sector remains unorganized, with limited data on demand and supply, unlike the more structured hotel market. Our demographics consist of 90% expats, predominantly Japanese and Korean, with 10% NRIs. The average length of stay is 2 years, and we maintain a strong 95% occupancy rate.

    What are your future plans for Ahuja Residency in terms of expansion, innovation, or diversifying offerings within the hospitality sector?

    We will continue focusing on the mid-market hotel and service apartment sectors, with no plans to diversify beyond that for now. Our strategy includes expanding our apartment business into more cities across India and exploring opportunities in the Middle East. Our primary focus remains on the expat living service apartment segment.

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    • Asmita Mukherjee
      Asmita Mukherjee

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    Ahuja Residency Jaideep Ahuja the Managing Director and CEO
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