Kolkata-Ambuja Neotia Group, a prominent corporate house with interests in Real Estate, Healthcare, Hospitality, and Education, has announced the acquisition of Tree of Life Resorts & Hotels, a boutique hotel collection headquartered in Gurugram. The move marks a significant expansion of Ambuja Neotia‘s presence in the hospitality sector, further strengthening its position as a key player in the industry.
Tree of Life Resorts & Hotels, established in 2009, has made a name for itself in the boutique hotel space, offering guests exceptional experiences, personalised service, tranquil settings, and a focus on privacy. The brand currently operates in 14 locations across five states in India, earning a reputation for its dedication to providing memorable and unique stays.
Ambuja Neotia Group has been led by Chairman Harshavardhan Neotia and has been responsible for numerous landmark projects in Eastern India. Commenting on this significant acquisition, Neotia stated, “This acquisition represents a significant step in our journey to provide exceptional experiences to our guests. We are excited to integrate the Tree of Life properties into our portfolio and continue delivering memorable stays.”
While The Leela Kovalam, A Raviz Hotel, The Leela Ashtamudi, A Raviz Hotel and The Leela Gandhinagar have joined Preferred Hotels & Resorts global portfolio, The Leela Palace Udaipur and The Leela Palace Bengaluru are now a part of the Beyond Green global portfolio of the Earth’s most sustainable hotels.
Tree of Life Resorts & Hotels Founder, Himmat Anand, expressed his optimism for the brand’s future under new leadership, “I have since 2009, in my capacity as the Founder, taken the Tree of Life to whatever achievements I could, backed by an amazing team. I believe it is time for the company to achieve even greater success under new leadership. I could not have found a better person than Harshavardhan Neotia and the Ambuja Neotia Group as the ideal successors to lead the organisation to new heights.”Akhil Anand, Director, Tree of Life Resorts & Hotels, shared his reflections on the company’s journey, “It has been a long and exciting 15 years journey full of significant learnings and experiences for me, both on a personal and professional level. I am fortunate to have been able to embark on this journey at a relatively young age. The new management is deeply committed to preserving the essence of what we initiated. I extend my best wishes to them.”
Vinoth Ram, who will be the new CEO of Tree of Life Resorts & Hotels expressed his enthusiasm for the venture, “I consider myself fortunate to be associated with a prestigious brand like the Tree of Life. It is evident that a substantial amount of effort has been invested in elevating the brand to its current status. The Tree of Life brand architecture is perfectly poised to cater to the discernible shift in leisure travel trends. My primary objective is to expand the brand’s presence throughout this vast and diverse country, providing an array of unique and exceptional experiences.”
