Allen Machado: Strategically Developing Profitable Business Models In Hospitality | CEOInsights Magazine
  •  Allen Machado,  CEO, Niraamaya Wellness Retreats & Business Group

    Allen Machado, CEO, Niraamaya Wellness Retreats & Business Group

  • The business environment in the hospitality industry has grown to be very unpredictable and increasingly complex, hence the ability to create something that is both innovative and applicable is what keeps some leaders at the top. CEO Insights’ exclusive team rendezvous with one such dynamic business leader, Allen Machado, CEO, Niraamaya Wellness Retreats and Business Group who, with his creative & innovative abilities has been staying ahead of the curve while capitalizing on the opportunities that are ripe for the present context and planning for the likely future to make luxury hotel operations even more successful and profitable.

  •  Allen Machado: Strategically Developing Profitable Business Models In Hospitality

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Top 10 Leaders in Hospitality - 2023

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  • Top 10 Leaders in Hospitality - 2023

    Leveraging Hospitality beyond Borders
    Hospitality, in simple terms can be spelled as a generous reception of guests that encompasses entertainment and leisurely time at a destined place of choice. Being a country divided by religions and united by cultures, India has been known as a traditionally hospitable country with its humble community of people welcoming guests with open hands. Though hospitality is known to be the very essence of India, transforming it into a commercial industry is attributed to westernization and rapid economic development and unmatched talent of the hospitality leaders, who can fiercely increase the capabilities and stimulate the growth of this sector.

    "Hospitality is making your guests feel at home, even if you wish they were"

    Hospitality: The Sunrise Industry
    Being a sunrise industry, hospitality and tourism holds a huge potential for manifold growth in the near future. It is one of the most profitable, accounting for more than eight percent of the country’s workforce and has created nearly 15 million jobs in the last few years. Additionally, it is one of the top sectors that attract Foreign Direct Investment (FDI) in the country. Owing to these factors, currently the hospitality industry in India is seeing a tremendous growth however, was slightly hampered by the impact of global pandemic in 2020. However, after the last wave of COVID, people started increasingly going on staycations, long weekend getaways, and also social gatherings such as weddings, which has resulted in a sharp growth for the hospitality sector. Also, besides leisure travel, the sector saw revenues coming in from corporate travel as businesses restarted after lock-downs, and this led to the faster recovery of this sector.

    Additionally, the rapid growth in infrastructure as well as the governments push to make India a global manufacturing hub under its Make-in-India initiative, has boosted the construction around country with better road infrastructure, especially in holiday destinations like hill regions. This has leveraged a much needed boost to road travel and also grabs the attention of foreign tourists toward India that ultimately drives the growth among the services sector in India.

    In this issue of the CEO Insights, a list of ‘Top 10 Leaders in Hospitality - 2023'  is provided to the readers in corporate and different sectors, for informing on the excellent services leveraged by the Leaders in diverse domains. The listing is prepared by a team of industry veterans, CEOs and VCs, and the CEO Insights magazine editorial board.

Top 10 Leaders in Hospitality - 2023

Company Logo Company Management Company Name Company Description
Niraamaya Wellness Retreats & Business Group Allen Machado, CEO Niraamaya Wellness Retreats & Business Group A visionary business leader in the hospitality industry whose innovative strategies and ideas are building profitable businesses in both domestic and international markets
Wanderlust Hospitality India Aman Bhandari, Founder Wanderlust Hospitality India A driven businesses leader with five years of experience in Indian & International hospitality industry, driving benchmark setting growth & expansion for globally focused turnaround and startup organizations
Sitara Hospitality Amit Nag, Founder Sitara Hospitality A veteran in the hospitality sector for over 38 years, worked with leading Indian and International hospitality brands in leadership roles
Tree of Life Resorts & Hotels Himmat Anand, Founder Tree of Life Resorts & Hotels A seasoned personality with decades of experience in the hospitality and travel industry, spearheading his own brand of experiential resorts
Amaira Resorts & Hotels Manish Kapoor, Founder & Director Amaira Resorts & Hotels A strong and passionate professional in the hospitality industry, specializes in corporate conferences, leadership, market planning, sales & marketing, wedding and corporate tie-ups
Signum Hotels & Resorts Mehul Sharma, Founder & CEO Signum Hotels & Resorts A global leader with a demonstrated history of creating & scaling the hospitality business, with a clear vision to reach the global level successfully
Hospitality Minds Nilesh Pandey, Founder Hospitality Minds A passionate leader about hotels, sales and customer acquisitions with the aim to transform the hospitality industry, imparts the best experience to the hotel owners and guests
Chillout Hospitality Pramod Kulkarni, Founder & CEO Chillout Hospitality A renowned hotelier with 20+ years of insightful experience in hospitality industry, with expertise in multiple hotel core functions like hotel preopening, management & operations and more
Vijayshree Group of Companies Raju Bhurat , Managing Director Vijayshree Group of Companies A self-made entrepreneur with expertise in over 30 years of experience in diverse industries, and a conglomerate with a presence in industries such as automobiles, hospitality and mining
Stonewood Hotels and Resorts Shikhar Kumar, Managing Director Stonewood Hotels and Resorts A visionary entrepreneur with a passion for creating more hotels and fostering strong relationships with his extensive knowledge and experience in the hospitality industry

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