Holiday-home operator StayVista plans acquisitions, expansion into resorts & events

Mumbai-headquartered holiday-home operator StayVista plans to acquire profitable alternative accommodation businesses and expand into resorts, weddings, and corporate events. The company, which is backed by JSW Ventures, DSG Consumer Partners, and the Capri Global family office, aims to achieve revenue of INR 1,000-Cr over the next four years. StayVista expects its sales to reach INR 340-Cr in FY27, nearly doubling from FY25 levels.Founded 11 years ago, StayVista manages about 1,500 properties comprising 6,000 rooms across India, with significant portfolio concentrations in Maharashtra and northern markets. The firm is targeting the acquisition of profitable hospitality management companies that can strengthen its existing market presence or facilitate entry into new regions.StayVista intends to manage more than 25 resorts within the next six months, with the resort business projected to account for 25% of its total revenue over the next three years.The company reported a net profit of INR 3.6-Cr in FY25, following a net loss of INR 8.3-Cr in the previous year, with annual revenue rising to INR 180-Cr in FY25 from INR 140-Cr in FY24.