{"id":43706,"date":"2025-11-19T18:55:54","date_gmt":"2025-11-19T13:25:54","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/19\/praveg-limited-receives-letter-of-award-for-development-of-resort-at-dhordo-kutch-gujarat\/"},"modified":"2025-11-19T18:55:54","modified_gmt":"2025-11-19T13:25:54","slug":"praveg-limited-receives-letter-of-award-for-development-of-resort-at-dhordo-kutch-gujarat","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/19\/praveg-limited-receives-letter-of-award-for-development-of-resort-at-dhordo-kutch-gujarat\/","title":{"rendered":"Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat"},"content":{"rendered":"
\n

Ahmedabad (Gujarat) [India], November 19: <\/strong>Praveg Limited, India\u2019s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on November 18, 2025, for the development, operation and management of a new resort project at\u00a0Dhordo, Kutch, Gujarat.<\/p>\n

The project entails the development of 46 rooms\/keys (luxury tents) and 42 dormitories (total capacity of 252 beds), equivalent to 126 standard rooms, thereby further strengthening the Company\u2019s hospitality footprint in Dhordo. This award is in addition to the existing 30 Bhungas currently operated by Praveg Limited at the location under a 5-year agreement.<\/p>\n

The project has been granted a\u00a0concession period of 35 (thirty-five) years, providing significant long-term visibility for business growth and value creation. The Company anticipates robust performance from the upcoming resort, with\u00a0Expected Average Room Rate (ARR)\u00a0ranging between\u00a0INR 12,000 and INR 15,000 per night\u00a0for Rooms and\u00a0INR\u00a02,500 to INR\u00a03,5<\/a>00 per bed\u00a0for Dormitories, supported by an\u00a0expected occupancy rate of 55% to 60%, driven by rising tourist demand and strong seasonal inflows during the\u00a0Rann\u00a0Utsav.<\/p>\n

This development is expected to deliver substantial strategic and economic advantages, including strengthening\u00a0Praveg\u2019s\u00a0presence at a globally recognized tourism destination, significantly augmenting accommodation capacity for domestic and international travelers, and generating long-term financial value through an asset-light concession model. The project is also likely to stimulate socio-economic growth by creating employment opportunities and supporting regional tourism infrastructure, while upholding\u00a0Praveg\u2019s\u00a0commitment to environmentally conscious development and low-impact hospitality solutions.<\/p>\n

Speaking on the occasion,\u00a0Dr. CA Vishnu Patel, Chairman of Praveg Limited, said, \u201cWe are delighted to receive the Letter of Award for development and operations at\u00a0Dhordo, a destination of global tourism significance. This award reinforces our expansion strategy and strengthens our presence in Kutch. We are confident that the project will create an exceptional hospitality experience, support regional tourism and generate long-term value for all stakeholders.\u201d<\/p>\n

The addition of this resort marks a significant milestone in\u00a0Praveg\u2019s\u00a0continued growth in the eco-responsible hospitality sector and is expected to further enhance the Company\u2019s portfolio of premium luxury properties across India. This development reflects\u00a0Praveg\u2019s\u00a0mission to deliver unique, sustainable and culturally rooted travel experiences while contributing to the preservation and economic advancement of high-potential tourism destinations.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ahmedabad (Gujarat) [India], November 19: Praveg Limited, India\u2019s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on November 18, 2025, for the development, operation and management of a new resort project at\u00a0Dhordo, Kutch, Gujarat. The project entails the development of 46 rooms\/keys (luxury tents) and 42 dormitories (total…<\/p>\n

Read More “Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":43707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-43706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=43706"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/43707"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=43706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=43706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=43706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}