Praveg Limited announced the opening of its two properties namely Praveg's Tent City at Ayodhya, Uttar Pradesh and Beach Resort at Ghoghla Beach, Diu. The properties were operative from the auspicious day of Deepavali. With this recent commencement, Praveg now boasts a substantial portfolio of 530 operational rooms spread across multiple states.

Moreover, buoyed by the surge in tourism, the company hold an optimistic outlook regarding a favorable up swing at properties. The company's estimations project an impressive occupancy rate of 40-45%, coupled with an average room rate of INR 7,000 to INR 9000. The growth aligns with vision, driving sustainable success and solidifying position within the hospitality industry.

Situated along Bramha Kund at Ayodhya, Uttar Uttar Pradesh, Praveg's ultra luxury tent city has a capacity of 30 tents with one restaurant. It is anticipated that opening of tent City at Ayodhya will witness 10 to 15% increase in tourism. There is already a rush among travel agents and devotees to book rooms in advance for consecration ceremony of Lord Rama's idol at Ram Janmabhoomi.

Praveg's Beach Resort located at Ghoghla Beach., Diu features 35 wooden hobbit-inspired cottages with One Restaurant and One Conference Room designed to perfection to offer one-of-its-kind tropical vacation experience. The uniquely designed Hobbit-inspired cottages that rise above the ground level with sliding glass wall opening to the beachside bring the best views of the ocean. Praveg will now have 9 properties in operation and 9 under development.

The company aims to further add more eco-responsible luxury resorts across India.