Praveg Opens Tent City in Ayodhya and Diu
Praveg Limited has announced the opening of its two properties namely Praveg’s Tent City at Ayodhya, Uttar Pradesh and Beach Resort at Ghoghla Beach, Diu. The properties were operative from the auspicious day of Deepavali.
Vishnu Patel, Chairman, Praveg Limited said, “We are delighted to announce the opening of our 2 luxurious properties, one in Ayodhya, UP, and one in Diu, which will offer the highest standards of luxury and hospitality. I am confident that both resorts with its unique locations, aesthetic eco-responsible design, and a committed young experienced team will offer distinctive Praveg service to experience Praveg’s world-class amenities and facilities in the midst of spiritual splendor.”
With this recent commencement, Praveg now boasts a substantial portfolio of 530 operational rooms spread across multiple states. Moreover, buoyed by the surge in tourism, we hold an optimistic outlook regarding a favorable upswing at our properties. Our estimations project an impressive occupancy rate of 40-45%, coupled with an average room rate of INR 7000 to 9000. The growth aligns with our vision, driving sustainable success and solidifying our position within the hospitality industry.
Situated along Bramha Kund at Ayodhya, Uttar Pradesh, Praveg’s ultra luxury tent city has a capacity of 30 tents with one restaurant. It is anticipated that opening of Tent City at Ayodhya will witness 10 to 15 percent increase in tourism.
Praveg’s Beach Resort located at Ghoghla Beach, Diu features 35 wooden hobbit-inspired cottages.
Praveg will now have 9 properties in operation and 9 under development.