- CEO
- Rajesh Kumar Negi
- Full Time Employees
- 32
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- 3B, Lal Bazar Street Sir RNM House, 5th Floor, Room No. 2 Tehsil Sangla WB India 700001
- IPO Date
- Jun 17, 2022
- Business
- Silver Pearl Hospitality & Luxury Spaces Limited operates as a hospitality company primarily engaged in the mid-priced hotel sector, encompassing the upper-midscale, midscale, and economy hotel segments. The company owns, manages, operates, and markets hotels, resorts, restaurants, and cafes under the brand name "Osiya," with properties located in Rakchham Village, Kinnaur District in Himachal Pradesh, and Goa. Its portfolio includes the Osiya Shambhu Lodge, Osiya Shoshla Café, Osiya Rangnoo Rakchham Retreat, and Osiya Tashi Dolma Home Stay, among others. The company operates about 36 rooms across four properties, utilizing business models such as direct ownership, long-term leases, licenses, and marketing agreements. In addition to hospitality services, it engages in allied touristic activities and capital market-related investments.
Founded in 2011 and headquartered in Kolkata, India, Silver Pearl Hospitality has made several strategic moves over the past few years. Key recent developments include the launch of new properties such as Osiya Rangnoo Rakchham Retreat and Osiya Shoshla Café in Rakchham, initiation of online marketing and branding collaborations through memoranda of understanding (MoUs) for properties like Baba Inn Guest Home in Bari district and Tashi Dolma Home Stay in Bhabha Nagar, Himachal Pradesh. In 2021, the company expanded its portfolio by entering into agreements for property acquisition in Goa and increased focus on online marketing and strategic partnerships to enhance brand reach and growth. These initiatives highlight its broadening footprint in both Himachal Pradesh and Goa regions and efforts to diversify and strengthen its hospitality offerings.
Silver Pearl Hospitality targets family and adventure-seeking guests, providing localized, authentic hospitality experiences with value-for-money propositions. The company operates within the Consumer Discretionary sector under the Hotels, Resorts & Cruise Lines sub-sector. It leverages direct ownership, long-term leases or licenses for hotel property land, and marketing agreements as part of its operational strategy. The promoter holding includes Rajesh Kumar Negi and affiliated entities. The company also invests in shares and securities, commercial papers, fixed deposits, and other capital market instruments as part of its wider business activities.
Overall, Silver Pearl Hospitality & Luxury Spaces Limited positions itself as a growing mid-priced hospitality player in India with a diverse portfolio of hotel, café, and restaurant operations, recent expansions in geographic presence and services, and a strategic emphasis on online marketing and branding partnerships to support its growth trajectory.