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Apeejay Surrendra Park Hotels Ltd logo

Apeejay Surrendra Park Hotels Ltd

NSE: PARKHOTELS BSE: 544111

₹115.56

(1.96%)

Thu, 11 Jun 2026, 03:12 am

Company History

1987

  • The company was originally incorporated as Budget Hotels Private Limited.

1988

  • The company opened its hotel 'The Park' in Delhi.

1990

  • The company became a public company and changed its name to Budget Hotels Limited.

1994

  • The company opened a restaurant called 'Some Place Else' in Kolkata.

1999

  • The company purchased 'The Park' in Bangalore.
  • Budget Hotels Limited became the wholly owned subsidiary of Apeejay Hotels Delhi.

2000

  • The company opened its hotel 'The Park' in Bangalore.

2002

  • The company opened its hotel 'The Park' in Chennai.

2003

  • Apeejay Hotels Delhi and Gemini Hotels and Holdings Limited were amalgamated with the company, effective November 28, 2003.
  • The company's equity shares were sub-divided from a face value of 100 to 10.

2004

  • The company changed its name to Apeejay Surrendra Park Hotels Limited.

2007

  • The company received investment from RECP IV Park Hotel Investors Ltd, RECP IV Park Hotel Co-Investors Ltd and REFS Park Hotel Investors Ltd.

2010

  • The company opened its hotel 'The Park' in Hyderabad.

2012

  • The company undertook a branding exercise to create 'The Park', 'The Park Collection' and 'Zone by The Park'.

2014

  • The company opened its first property under the brand 'Zone by The Park' at Coimbatore.

2019

  • The company acquired the confectionery business from Flury's Swiss Confectionery.

2021

  • The company opened a restaurant called 'Someplace Else' at Mumbai.