What LaRiSa Hotels and Resorts does

LaRiSa Hotels & Resorts Limited is an Indian hospitality operator founded in 2015 by Priya Thakur and headquartered in New Delhi, with a registered office in Kolkata (CIN U55100WB1986PLC040325). The company operates 32 hotels and resorts across 28 Indian locations, totaling over 1,100 keys and employing 900+ people, organized under three sub-brands: LaRiSa Resorts (luxury nature-inspired retreats), AM Hotel Kollection (curated boutique and heritage properties), and 8fold by LaRiSa (mid-segment boutique stays), plus a LaRiSa Homes villa rental vertical. The 2024 merger with AM Hotel Kollection roughly tripled the portfolio and pushed combined annual operating revenue past INR 100 Cr.

The company operates a dual go-to-market: direct-to-consumer bookings via brand websites (larisaresort.com, amhotelkollection.com, 8foldhotels.com) and regional sales offices across Delhi, Mumbai, Ahmedabad, and Lucknow, alongside a B2B hotel management services business offering lease, revenue share, and pure management contracts to independent property owners. Ancillary revenue streams include private buyout retreats at premium per-package pricing (INR 4-13.5 Lacs + GST for two nights) and location rentals for film, music video, brand photoshoot, and podcast productions (past clients include Varun Dhawan's October, Vogue, Volkswagen, and B Praak). The company maintains wholly-owned subsidiaries covering construction (Rubberbandd Construction LLP), vacation rentals (LaRiSa Homes), and travel services (Le Trip LLP), and has a sustainability partnership with Healing Himalayas Foundation. The company has filed a DRHP and is preparing for an IPO.

Name

LaRiSa Hotels and Resorts

Legal name

LaRiSa Hotels & Resorts Limited

Website

https://larisahotelsandresorts.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

251–500 employees

Short description

LaRiSa Hotels and Resorts operates 32 hotels and resorts across 28 Indian locations under three brands (luxury, boutique, mid-segment), serving leisure and business travelers via direct bookings while also offering hotel management contracts to independent property owners.

Ownership category

akta.pro rank

Product category

Hospitality Services

NAICS

Hotels (except Casino Hotels) and Motels (72111), Real Estate Property Managers (53131)

SIC

Hotels & Motels (7011), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Luxury Villas & Residences Resorts (THAGACAM)

akta.pro secondary industries

Boutique Resorts (Small-Scale Resorts) (THAGADAJ), Resort & Branded Residence Vacation Rental Management (BPAJAIAE), Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Hospitality services
• Hotel management
• Resort stays
• Boutique hotels
• Hotel partnerships

Headquarters

HQ city

Mehrauli

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Hotel Room Bookings: Revenue from room reservations across 32 hotels and resorts in 28 locations, with over 1100+ keys. Operates through direct bookings on brand websites and third-party OTAs.
2. Private Buyout Retreats: Exclusive resort buyouts for groups including meals, snacks, open bar, and spa sessions. Examples include LaRiSa Resort & Spa Ashwem at INR 13.5 Lacs + GST for 2 nights (40 adults), Manali at INR 13 Lacs + GST for 2 nights (44 adults), and Mussoorie at INR 4.0 Lacs + GST for 2 nights (22 adults).
3. Location Shoot Rentals: Hotels and resorts offered as filming locations for movies, music videos, brand photoshoots, and podcasts. Provides controlled environments with accommodation, F&B, power, and logistics for production crews.
4. Hotel Management Services: Management contracts for independent hotel owners offering comprehensive services covering operations, sales & marketing, finance, procurement, engineering, HR, and IT. Partnership models include lease, revenue share, and pure management contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

LaRiSa Hotels and Resorts operates 32 hotels and resorts across 28 locations in India with 1100+ keys under three sub-brands: LaRiSa Resorts (luxury nature-inspired retreats), AM Hotel Kollection (curated boutique independent hotels), and 8fold by LaRiSa (mid-segment boutique hotels). The company also runs LaRiSa Homes (private villa rentals) and provides third-party hotel management services to independent property owners via lease, revenue share, and management contracts covering operations, sales & marketing, finance, procurement, engineering, HR, and IT.

Product overview

LaRiSa Hotels & Resorts is a comprehensive hotel management company with a diversified portfolio of three distinct brands. The portfolio includes: (1) LaRiSa Resorts - a luxury resorts brand with properties in Manali, Mussoorie, Ashwem (Goa), and Morjim; (2) AM Hotel Kollection - a curated collection of independent boutique hotels and heritage properties across India; and (3) 8fold by LaRiSa - a mid-segment boutique hotel brand. The company also operates LaRiSa Homes for private villa experiences. With 32 hotels & resorts across 28 locations and 1100+ keys, the company offers various promotional packages including monsoon deals, extended stay offers, private retreat buyouts, spiritual stays, and armed forces discounts.

Differentiator

Problem solved

Functional benefit

Brands

• LaRiSa Resorts: Luxury resorts and hotels offering sustainable and affordable luxury experiences
• AM Hotel Kollection
• 8fold by LaRiSa
• LaRiSa Homes

Products and services

• LaRiSa Resorts Luxury resorts and hotels offering sustainable and affordable luxury experiences in nature-inspired destinations such as Manali, Mussoorie, Ashwem (Goa), and Morjim. Targets travelers seeking memorable, premium yet sustainable hospitality experiences.
• AM Hotel Kollection A curated selection of distinctive and independent boutique hotels and resorts across India, including properties like Foxtrail (Gurgaon), Jasminn Hotel (Goa), Kanishka (Manali), Modi Estate (Meerut), Raasvan (Vrindavan), Golden Rock (Dharamshala), and various heritage properties.
• 8fold by LaRiSa Mid-segment boutique hotels targeting budget-conscious travelers, with properties in Shimla, Jibhi, Basti, Siolim (Goa), and Bhimtal.
• LaRiSa Homes Luxury private villa and vacation home rentals including Morjim Villa and Ashwem Villa in Goa, and Mountains & Martini in Tehri, Uttarakhand. Offers exclusive private accommodations for families and groups.
• Hotel Management Services B2B hotel management services for independent hotel and property owners. Comprehensive services covering operations, sales & marketing, finance, procurement, engineering, HR, security, and IT. Flexible partnership models include lease, revenue share, and pure management contracts.
• Shoot & Brand Promotions Locations Hotel and resort properties offered as filming and photoshoot locations for movies, music videos, brand photoshoots, and podcasts. Past collaborations include Bollywood films (October with Varun Dhawan), music videos (B Praak), brand shoots (Mulmul, Vogue), and podcasts (What The Fund with Nikhil Kamath). Provides accommodation, F&B, power, and logistics for production crews.
• Private Buyout Retreats Exclusive resort buyout experiences for groups, with all-inclusive packages including meals, snacks, open bar, and spa sessions. Available at LaRiSa Resort & Spa Ashwem, Manali, Mussoorie, and Modi Estate Meerut properties.

Quantifiable outcome

• Annual operating revenue exceeds INR 100 Cr post-merger
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Healing Himalayas FoundationcoreStrategic or Co-development Partner · 1 January 2025LaRiSa has partnered with the Healing Himalayas Foundation as part of its sustainability journey. This partnership contributes to environmental conservation efforts, focusing on waste management and education in Himalayan regions. Through this collaboration, LaRiSa extends its environmental impact beyond its properties, supporting initiatives that protect and preserve Himalayan ecosystems.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• EIH (Oberoi Hotels & Resorts): Iconic Indian luxury hotel operator (Oberoi, Trident, Maidens). Comparable in luxury resort positioning but with significantly larger scale, international footprint, and brand legacy.
• OYO Rooms: Largest asset-light hotel aggregator in India and globally. Competes with LaRiSa across mid-segment and budget tiers and sets the pricing benchmark in many secondary Indian cities.
• ITC Hotels: Diversified Indian hotel group spanning luxury (ITC Grand), business (WelcomHotel), and heritage (WelcomHeritage, Fortune) segments. Comparable multi-tier strategy but with much larger balance sheet and distribution.
• Indian Hotels Company (Taj): Largest luxury hotel operator in India (Taj, Vivanta, Ginger, SeleQtions). Represents the established luxury incumbent against which LaRiSa's premium positioning competes for high-end domestic and inbound travelers.

Direct peers

• Royal Orchid Hotels: Mid-tier Indian hotel chain operating multiple brands across business and leisure destinations. Comparable to LaRiSa in targeting mid-segment business and leisure travelers across secondary Indian cities.
• WelcomHeritage (ITC Hotels): Curated collection of heritage and boutique hotels across India, managed under the ITC umbrella. Closely comparable to AM Hotel Kollection's curated boutique and heritage property positioning.
• Sterling Holidays: Indian vacation ownership and resort operator with properties across leisure destinations. Comparable in scale, leisure-customer focus, and resort portfolio strategy to LaRiSa.
• Treebo Hotels: Asset-light Indian budget/boutique hotel brand operating through franchise and management contracts across tier-2/3 cities. Comparable to LaRiSa's 8fold by LaRiSa and AM Hotel Kollection mid/boutique positioning.
• Lemon Tree Hotels: Listed mid-scale and budget hotel chain in India with multi-brand portfolio (Lemon Tree Premier, Lemon Tree, Red Fox). Closely comparable in scale, multi-tier strategy, and domestic India footprint to LaRiSa's three-brand model.
• Club Mahindra (Mahindra Holidays): Indian resort and vacation ownership company with properties across mountain, beach, and heritage destinations. Comparable to LaRiSa's resort portfolio and experiential leisure positioning in India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/larisahotelsandresorts
• Instagraminstagram.com/larisaresort

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LaRiSa Hotels and Resorts