Home Diversity Hospitality Jaipur-based Fine Acers Group plans expansion strategy in India’s luxury hospitality sector

Jaipur-based Fine Acers Group plans expansion strategy in India’s luxury hospitality sector

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Dinesh Yadav, Founder and Managing Director, Fine Acers

Jaipur-based Fine Acers Group is accelerating its expansion strategy in India’s luxury hospitality sector as it plans to launch five new properties across major tourist destinations over the next three years. The hospitality developer currently operates resorts in Jaipur, Pushkar, and Goa, and it is now strengthening collaborations with international hotel brands to capture rising demand for premium leisure stays and destination weddings.

The company is also expanding its strategic partnership with Wyndham Hotels & Resorts as it aims to capitalize on the rapid growth of India’s upscale hospitality market. This collaboration aligns with the increasing demand for luxury resort experiences and high-end wedding destinations across the country.

Dinesh Yadav, founder and managing director of Fine Acers, said, “Currently, we have an operational inventory of 200 rooms spread across three properties. In the next three years, we will be adding 700 keys spanning across five properties located in tourist destinations like Jaipur, Jawai, Udaipur, Pushkar, and Coorg.”

At the same time, the company is also developing seven additional hospitality projects with a total capacity of 1,500 rooms. For these developments, the group has signed franchise agreements with several global hotel brands to strengthen its international hospitality portfolio.

As part of its expansion strategy, Fine Acers recently announced the signing of two Dolce by Wyndham resorts in Goa and Udaipur. This move marks the debut of the Dolce by Wyndham brand in India. The resorts are scheduled to open by 2030, and they highlight Wyndham’s strategy to expand its upscale hospitality presence in the country while supporting Fine Acers’ vision of building landmark properties in high-demand destinations.

Meanwhile, beyond its growing development pipeline, Fine Acers has also built a distinctive investment model within the hospitality sector. The company uses a sale-and-leaseback structure that allows investors to participate directly in hotel ownership while the company continues to operate the properties.

Under this model, Fine Acers sells nearly 70 percent of a property’s inventory to investors and then leases the units back for hotel operations. As a result, investors receive annual returns of around seven percent while the company manages the property professionally.

“Investors also enjoy lifestyle privileges such as 25 complimentary nights a year and one wedding event,” said Yadav.

Additionally, the investment model is gaining strong traction among high-net-worth individuals and non-resident Indians who want exposure to India’s fast-growing hospitality market without handling the complexities of hotel operations.

Yadav further highlighted the sector’s strong growth outlook. “With India’s tourism and hospitality sector projected to reach $60 billion by 2028, the combination of steady returns and lifestyle benefits is proving attractive to investors seeking both financial and experiential value,” added Yadav.

He said, “Our collaboration with Wyndham reflects premium leisure and wedding markets and reinforces our commitment to developing iconic assets.”

Fine Acers Group is positioning itself as a fast-growing player in India’s luxury hospitality landscape. By expanding its resort portfolio, strengthening partnerships with global hotel brands, and introducing innovative investment models, the company is aligning its strategy with the country’s booming tourism industry. As demand for luxury travel and destination weddings continues to grow, Fine Acers aims to develop landmark hospitality assets across India’s most sought-after destinations.