Advani Hotels & Resorts (India) Limited is a Public Limited Company, which was incorporated on March 13, 1987 in the name of Ramada Hotels (India) Limited. The name of the company was changed from Ramada Hotels (India) Limited to Advani Hotels & Resorts (India) Limited in 1999. The shares of the company are listed on Bombay Stock Exchange and the National Stock Exchange.
The company is managed by the Founder and Chairman & Managing Director - Sunder G. Advani, the Chief Executive Officer & Whole-Time Director - Prahlad S. Advani and the Executive Director - Haresh G. Advani; together with a distinguished Board of Independent Directors.
The company is primarily engaged in the Hotel Business through its “Caravela Beach Resort”, a 5-Star Deluxe Resort situated in South Goa. Caravela Beach Resort is one of the finest luxury beach hotels in Goa. As one of the first few five star hotels in Goa, it enjoys the distinct and unparalleled advantage of proximity to the beach, high ceilings that are an architectural treat and vantage points that offer breath-taking views of the sea, sand and is in the midst of lush greenery around the property. These features result in Caravela Beach Resort offering the rare experience of secluded beauty and virginal beaches and environs whilst keeping you in touch with all the modern facilities.
Located on the serene white sands of Varca beach, the resort is sprawled over many acres of lush tropical lawns. Each of the hotel’s guest rooms, suites and villas have private balconies that overlook either the ocean, the landscaped gardens or the pool, one of Goa's largest. The hotel also features a 9-hole golf course and an Ayurveda Centre, differentiating it from other standard five-star resorts in Goa.
Business area of the company
The company is primarily engaged in the Hotel Business through its “Caravela Beach Resort”, a 5-Star Deluxe Resort situated in South Goa. The company is primarily engaged in the business of hoteliering, which the management recognises as the sole business segment.