Ventive Hospitality has not only emerged as a formidable player in the Indian hospitality sector but it’s also rewriting the rules of growth and governance
BY SHAFQUAT ALI
In a year marked by transformation and triumph, Ventive Hospitality (Ventive) has not only emerged as a formidable player in the Indian hospitality sector but it’s also rewriting the rules of growth and governance. FY25 marked a defining chapter for Ventive as the company crossed Rs2,000 crore in revenue and Rs1,000 crore in EBITDA on a proforma basis. Ventive continues to grow with precision, purpose and a deep sense of responsibility.
From its listing in December 2024 to becoming one of India’s top-four listed hospitality firms by EBITDA, Ventive’s journey is emerging as a blueprint for success in a sector shaped by scale, location and capital intensity. What truly distinguishes the company is not only its accomplishments but the thoughtful and disciplined way it is achieving them.
PERFORMANCE ANCHORED IN DISCIPLINE
FY25 wasn’t simply a strong year, it was a watershed moment. Ventive delivered double-digit growth across all major performance indicators, validating its strategy of marrying scale with substance.
With a strong footprint in Pune, the company delivered an impressive average room rate (ARR) of Rs11,076 which is a competitive ARR to some of the top-tier cities in the country. This represents a 10 percent year-on-year increase and reflects its ability to command premium pricing through strong brand and product positioning.
Revenue per available room (RevPAR) climbed 18 per cent to Rs7,256, while total RevPAR (TRevPAR) rose 15 per cent to Rs13,347, bolstered by ancillary revenues from food, beverage and wellness.
The Maldives portfolio mirrored this momentum, with TRevPAR (excluding Raaya) growing 10 per cent to Rs63,118 and occupancy rising by 6 percentage points. Across its global portfolio, Ventive reported a 12 per cent increase in RevPAR and a 14 per cent jump in TRevPAR, with occupancy up 4.5 points to 64 per cent.
These figures place Ventive ahead of its peers in ARR and TRevPAR, an impressive feat without metro city dependence.
EBITDA CROSSES FOUR DIGITS, WITH QUALITY
FY25 also marked a crucial inflection point as Ventive crossed Rs1,000 crore in EBITDA, underscoring its ascent into India’s hospitality elite.
In India, EBITDA surged by 31 per cent, rising from Rs208 crore to Rs272 crore, driven by margin expansion and operating efficiencies. The Maldives outpaced with a 38 per cent jump, from Rs202 crore to Rs280 crore. Consolidated margins expanded to 47 per cent, with India and the Maldives improving to 37 per cent and 32 per cent respectively.
This isn’t just profitability, it’s resilient, high-quality earnings.
ON COURSE TO DOUBLE KEYS BY FY30
With fundamentals firmly in place, Ventive has now set its sights on doubling its operational portfolio to over 4,000 keys by FY30. The roadmap is both ambitious and calculated.
Seven recently signed Marriott hotels (including luxury brands such as Ritz-Carlton Reserve, JW Marriott and the lifestyle brand Moxy) will contribute approximately 1,500 keys strategically across leisure, IT and business hubs. Another 500 keys are planned through acquisitions of high-ROI assets in targeted locations.
The growth strategy is anchored in a philosophy of disciplined expansion, with a sharp focus on brand, geography, and operational synergies.
A BALANCE SHEET BUILT FOR GROWTH
Ventive’s growth is powered not just by aspiration but by prudence. With one of the industry’s lowest borrowing costs (approx. 8 per cent) and a debt-to-EBITDA ratio of just 1.7x, the company retains significant financial flexibility.
A cash reserve exceeding Rs550 crore ensures readiness for capex and M&A opportunities.
DESIGNING WITH PURPOSE, OPERATING WITH INTENT
From the turquoise lagoons of the Maldives to India’s fast-evolving commercial hubs like Pune and Bengaluru, Ventive’s properties reflect a cohesive design philosophy rooted in authenticity, sustainability and immersive luxury.
Raaya by Atmosphere in the Maldives showcases regenerative hospitality in action, while Indian properties like JW Marriott Pune, The Ritz-Carlton Pune and the upcoming Marriott additions blend heritage with contemporary design. The result is a guest experience that transcends mere accommodation creating spaces that foster deep connection, personal well-being and environmental stewardship.
ESG: FROM COMPLIANCE TO COMMITMENT
Sustainability at Ventive isn’t a check-box, it’s a cornerstone.
In the Maldives, Ventive is working with marine biologists and the Environmental Protection Agency to restore coral reefs through eco-sensitive methods. The “Adopt a Coral” guest programme transforms visitors into participants, planting coral fragments and receiving growth updates, turning short stays into enduring impact.
Green building certifications like LEED are integral to each asset development. Renewable energy: from solar in the Maldives to clean energy sources such as wind in India is displacing conventional power. Efficiency upgrades, including smart building management systems, are reducing energy consumption across the board.
Water and waste initiatives are similarly transformative: wastewater is recycled for cooling and irrigation, plastic use has been eliminated at island resorts and hydroponic systems now supply over 1,200 kg of lettuce and herbs annually cutting imports and ensuring fresh, chemical-free produce. Social impact is equally embedded. From women-led operational teams to structured training for local hires, inclusivity is core to how Ventive operates. Transparent ESG disclosures and data-backed reporting reinforce trust with investors and guests alike.
BRANDING BEYOND THE BROCHURE
Ventive’s proposition is about more than stays or rooms, it’s about crafting resonant, responsible, and memorable experiences.
Its properties are a reflection of a worldview where luxury, locality and legacy are seamlessly interwoven.
THE ROAD AHEAD: GROWING RIGHT
Over the next five years, Ventive aims to double its footprint, deepen its ESG commitments, and expand into high-growth tourism corridors across South Asia and beyond. Yet the heart of this journey is not merely rapid growth; it’s right growth.
“We are committed to driving aggressive growth, enhancing stakeholder value and redefining India’s hospitality landscape with globally benchmarked destinations,” says Ranjit Batra, CEO, Ventive Hospitality. “We’re excited about the opportunities ahead and look forward to a successful journey.”
Ventive Hospitality is not just adding keys, it’s unlocking a new way forward for the industry. With its values-aligned strategy and transformative results, it’s not just scaling fast. It’s scaling with purpose.
