Praveg portfolio shows Rs 17,705 room rate and 0% occupancy

Praveg Limited’s 927-key portfolio shows a wide operating range: Praveg Caves Jawai reported the highest average room rate of Rs 17,705 and 36% occupancy, while Praveg White Rann Resort and Praveg Atoll’s Lakshadweep Bangaram each showed 0% occupancy in the company’s property snapshot.

How does Praveg’s 927-key portfolio perform property by property?

Praveg lists 18 assets in its snapshot, including 17 accommodation properties and the zero-room Praveg Adalaj Theme Park, with a total of 927 rooms or units. The formats range from 200 tents at Praveg Tent City Narmada, operating since 2018, to 20 cave rooms and tents at Praveg Caves Jawai, introduced in January 2025, and 100 rooms at Praveg Atolls Lakshadweep Thinnakara, listed as operating from October 2026.

The disclosed guest-served total is about 12.34 lakh, described in the total row as covering 13 reporting properties. The individual table entries show 4.42 lakh guests at Praveg’s Grand Eulogia, 2.81 lakh at Praveg Tent City Narmada and 84,876 at Praveg White Rann Resort, while Praveg Atoll’s Lakshadweep Bangaram, Praveg Atolls Lakshadweep Thinnakara and Praveg Adalaj Theme Park have no guest count reported.

Which Praveg properties report the highest occupancy?

Praveg Beach Resort Diu Ghoghla Beach has the highest stated occupancy at 72%, followed by Praveg Beach Resort Daman Jampore Beach at 69% and Praveg Beach Resort Daman Lighthouse Beach at 66%. The 35-cottage Ghoghla property began in November 2023, while the 35-cottage Jampore site began in October 2023 and the 33-tent Lighthouse property in May 2023.

Praveg’s Grand Eulogia and Praveg Tent City Ayodhya Brahmakund each report 61% occupancy, while Praveg Beach Resort Diu Jalandhar Beach reports 59% and Praveg Beach Resort Diu Chakratirth Beach 51%. Several properties that began operations during 2023 reported occupancy above 50%, whereas the 200-unit Praveg Tent City Narmada reported 22% despite operating since 2018.

Where are Praveg’s room rates highest and lowest?

Praveg Caves Jawai reports the highest average room rate, or ARR, at Rs 17,705, more than twice the Rs 7,803 reported by the next-highest disclosed property, Praveg Beach Resort Diu Ghoghla Beach. Jawai’s rate is Rs 14,605 above the Rs 3,100 reported by Praveg Resort Silvassa, producing the largest disclosed gap within the portfolio.

Praveg Resort Silvassa has the lowest stated ARR at Rs 3,100 and 29% occupancy, followed by Praveg Resort Dholavira at Rs 4,102 and 12%, and Praveg Tent City Narmada at Rs 4,618 and 22%. The snapshot does not provide an ARR for Praveg White Rann Resort or Praveg Atoll’s Lakshadweep Bangaram, so their 0% occupancy figures cannot be compared with a listed average price.

How do Praveg’s newer properties compare with established sites?

Praveg’s January 2025 Jawai opening combines the portfolio’s Rs 17,705 highest ARR with 36% occupancy and 1,525 guests served. Other newer assets reported lower rates and varying occupancy: the 50-room Praveg Resort Kachigam, opened in May 2025, recorded Rs 7,282 ARR and 33% occupancy, while the 38-room Praveg Resort Silvassa, opened in December 2024, reported Rs 3,100 and 29%.

Praveg Atoll’s Lakshadweep Bangaram, listed as starting in January 2025 with 50 villas, is shown with 0% occupancy and no ARR or guest figure. By contrast, Praveg Beach Resort Diu Jalandhar Beach, a 38-room property opened in December 2024 with Ginger, reported 59% occupancy, Rs 5,152 ARR and 4,717 guests. The disclosures show different operating readings among properties opened in 2024 and 2025 rather than a uniform ramp-up pattern.

What is Praveg planning after its current portfolio?

Praveg’s roadmap identifies 207 rooms across four upcoming projects: a 25-room Serengeti safari park in Tanzania, 100 rooms at Thinnakara-II in Lakshadweep, 42 dormitory rooms at White Rann Dhordo and 40 rooms in Meghalaya. The company separately presents an aspirational 2030 vision of more than 2,000 rooms and more than 50 resort locations, compared with 927-plus existing rooms.

Praveg also shows anticipated room additions of more than 1,100, with one project under construction and three under planning. The 207 rooms listed in the named upcoming-resorts table do not by themselves explain the more than 1,100 anticipated additions, so the timing, sites and room counts of further planned capacity remain unresolved in the presentation. In Lakshadweep, Praveg has also entrusted Bangaram’s management to Indian Hotels Company Limited under the SeleQtions brand.

Conclusion

Praveg’s property-level data shows that its portfolio cannot be captured by the 927-key total alone. Jawai’s Rs 17,705 ARR is far above the Rs 3,100 reported at Silvassa, while occupancy ranges from 72% at Ghoghla Beach to 0% at White Rann and Bangaram. Beach properties opened in 2023 account for several of the highest reported occupancy levels, but newer sites display varied outcomes.

The next disclosures to watch are progress on the 207-room named pipeline, detail supporting the broader plan for more than 1,100 room additions, and movement toward Praveg’s 2030 aspiration of more than 2,000 rooms across more than 50 locations. Updated occupancy and pricing data for Bangaram after its Indian Hotels Company Limited management arrangement would also clarify the portfolio picture.