The Byke Hospitality is one of the leading names in India’s mid-market hospitality sector, catering to the evolving needs of modern travellers. It has multiple hotels across different states, which it owns, manages, and operates through strategic lease and management contracts. The company’s range of properties includes everything from charming hotels and luxurious resorts in popular tourist hotspots to sophisticated service apartments and business-oriented hotels in bustling metropolitan areas. 

The company generally manages properties under long-term operating leases (10-20 years). The refurbishment and rebranding are completed during the rent-free period of 3-6 months, followed by a focus on better management, marketing, and distribution capabilities across room sales and F&B/event revenues. Besides, the company is committed to offering an exclusive vegetarian dining experience in its restaurants and banquets. This choice resonates with many Indian travellers and international guests alike. This unique focus has positioned The Byke as a favoured destination in the competitive hospitality landscape.

The company was incorporated on March 29, 1990 as ‘Kotawala Financial Consultancy Private Limited’. On March 20, 1995, the company was converted into public limited company with the name of ‘Kotawala Securities Limited’ and in November 1995 offered public to participate in the company's equity by way of its maiden IPO. In 2002, the company launched its ‘Hotels’ business. Further, the name of the company was changed to ‘Suave Hotels’ from ‘Kotawala Securities’ in 2007. The name of the company was again changed to ‘The Byke Hospitality’ from ‘Suave Hotels’ in 2012.

Business area of the company 

The company is engaged in the business of Hospitality.

Awards, accreditations and recognition 

• 2011: The company ranked as ‘The India’s Top 400 Small Cap Companies in 2010 by Dalal Street.’
• 2014: The company’s Hotel ‘THE BYKE OLD ANCHOR - Goa’ received an ‘AWARD FOR EXCELLENCE in the category of GOLD STANDARD HOTELFOR YOUTH HOLIDAY - 2013’ at Moscow - Russia.
• 2015: The company achieved the distinction of being among the 11 companies from India that have made it to the top 200 Asia Pacific corporations in Forbes Asia’s ‘Best Under a Billion’ list in 2015.
• 2016: The company received an award for contribution to promote vegetarian hotels in India at 11th Hospitality India & Explore the World Annual International Travel Awards, 2015, New Delhi.
• 2016: The company awarded the ‘Best Pure Vegetarian Hotel Chain in India’ at the 11th Hospitality India & Explore the World Annual International Travel Awards.
• 2016: The company figured in Forbes Asia’s ‘Best Under a Billion’ list for the second successive year.
• 2018: The company was given the ‘Best Pure Vegetarian Hotel Chain India’ award at the eleventh Hospitality India & Explore the World Annual International Travel Awards.
• 2019: The company’s two properties received the ‘2019 Certificate of Excellence’ from TripAdvisor.
• 2019: The company joined Veggie Hotels as a member.
• 2019: Four Restaurants of the company received the Distinguished Restaurant Awards 2018 which recognizes industry expert who are part of the diverse restaurant industry.
• 2019: The company was awarded the India’s Best Value for Money Hotel Award 2018 at the India International Tourism Industry Awards, 2018.
• 2019: The company was awarded with the Iconic Pure Vegetarian Hotels & Resorts Group award at the Iconic Pure Vegetarian Hotels and Resorts Awards 2018 held in Mumbai.
• 2022: Leadership Excellence Award for being the ‘Leading Pure Vegetarian Hotel Chain of the year - 2022’, by WBR.
• 2022: Recognised as the ‘Fastest growing Affordable Luxury Hotel chain of the year - 2022’ in the Hospitality Sector by WBR.
• 2023: The company received Annual International Travel Award.
• 2023: Recognised as one of the Business transformation Leaders 2022 by the Economic Times.
• 2023: Recognised as the 'Fastest growing Affordable Luxury Hotel Chain of the Year - 2022' in the Hospitality sector by WBR.
• 2023: The company received Leadership Excellence Award for being the 'Leading Pure VEGETARIAN Hotel Chain of the Year-2022' by WBR.
• 2024: The company was awarded with the WBR Iconic Achievers Awards 2023 Being chosen as the ‘Most Affordable Pure Veg Hotel Chain’ in India.
• 2024: The company received award for Midday Food & Hospitality Game Changers for ‘The Best Pure Veg Hotels & Resorts Chain of the Year 2023’.
• 2025: The company received ‘Best Cafe Premium Dining (Thane) - Editor's Choice’. 
• 2025: The company received ‘Most Innovative Cafe & Ambience of the Year-2025’.
• 2025: The company was recognised as ‘Among Best Cloud Kitchen - 2025’.
• 2025: The company was received ‘(Global Cuisine) Best Fine Dine Restaurant of the Year - 2025’.
• 2025: The company received ‘Most Innovative Cafe & Ambience of the Year - 2025’.
• 2025: The company received ‘The Luxury Catering Services in India 2025’.

History and milestones

• 1990: Incorporation of the company as ‘Kotawala Financial Consultancy Private Limited’.
• 1995: The company was converted into public limited company with the name of ‘Kotawala Securities Limited’.
• 2002: The company launched its ‘Hotels’ business with the acquisition of a hotel in Mahabaleshwar, which was rechristened ‘Kotawala Welcome group Hotel Shital’.
• 2006: The company acquired a hotel on Calangute Beach, Goa.
• 2007: The name of the company was changed to ‘Suave Hotels’ from ‘Kotawala Securities’.
• 2007: The company fully renovated its ‘Hotel Sunflower’.
• 2007: The company incorporated a wholly owned subsidiary -- ‘Svelte Restaurants Private Limited’. 
• 2008: The company acquired land adjacent to the existing property, ‘Hotel Sunflower Beach Resort’, Goa, with a plan to expand the existing facility with the addition of 30 rooms, convention hall, banquet hall and restaurant.
• 2011: The company decided to create a chain of hotels through a single brand namely ‘The Byke’.
• 2012: The name of the company was changed to ‘The Byke Hospitality’ from ‘Suave Hotels’.
• 2012: The company entered into a Lease contract to manage hotels -- The Byke - Old Anchor, Goa and The Byke - Redwood, Matheran, under ‘The Byke’ brand.
• 2012: The company launched ‘The Ayurvedic Massage & Spa’ in its Hotel, The Byke - Old Anchor, Goa.
• 2012: The company successfully completed renovation of one of its resorts ‘The Byke - Old Anchor’, Goa.
• 2013: The company entered into a Lease contract to operate two new hotels -- The Byke - Neelkanth in Manali and The Byke - Hidden Paradise in Goa, under ‘The Byke’ brand.
• 2013: The company achieved turnover of more than Rs 100 crore.
• 2015: The company added ‘Byke Grassfield’ in Jaipur under the O&L model.
• 2015: The company added ‘Byke Suraj Plaza’ in Thane on a long-term lease.
• 2016: The company commenced operations of Thane Property.
• 2017: The company added ‘The Byke Riddhi Inn’ in Udaipur.
• 2017: The company added ‘The Byke Delotel’ in Mumbai.
• 2018: The company exited two properties -- ‘The Byke Sunflower’ and ‘The Byke Hidden Paradise’. 
• 2019: The company concluded 4 new leases in Cochin, Ooty, Thane and Bhavnagar.
• 2019: The company entered the business of project management, where it leveraged its understanding of hotel property management to advise prospective hotel owners on how to maximise room occupancy and operating efficiency.
• 2021: The company onboarded all its restaurants on digital food platforms such as Swiggy, Zomato and many others for the convenience of their guests.