- Fine Acers plans five new properties in tourist destinations over three years.
- It uses a sale-and-leaseback model to let investors enter hospitality.
- Dolce by Wyndham resorts in Goa and Udaipur are set to open in 2030.
FINE ACERS GROUP plans five new properties in tourist destinations over the next three years. The company uses a sale-and-leaseback model that allows investors to participate directly in the hospitality sector.
It is expanding its partnership with Wyndham Hotels & Resorts to meet demand for leisure stays and destination weddings, according to The Times of India. The company recently signed two Dolce by Wyndham resorts in Goa and Udaipur, marking the brand's debut in India.
Jaipur-based Fine Acers is led by Founder and Managing Director Dinesh Yadav.
"Currently, we have an operational inventory of 200 rooms across three properties,” said Yadav. “In the next three years, we will add 700 keys across five properties in tourist destinations including Jaipur, Jawai, Udaipur, Pushkar and Coorg."
The group is developing seven properties with 1,500 rooms through franchise agreements with global brands, the Times reported. The Dolce by Wyndham properties in Goa and Udaipur are scheduled to open in 2030.
Investor-friendly model
Under its sale-and-leaseback model, the company sells about 70 percent of its property inventory to investors and leases it back, offering annual returns of around 7 percent. Investors also receive 25 complimentary nights per year and one wedding event.
Yadav said the model has gained traction among high net worth individual and non-resident Indians, who see it as a way to enter the hospitality sector without managing operations.
"With India's tourism and hospitality sector projected to reach $60 billion by 2028, the combination of steady returns and lifestyle benefits is attracting investors seeking both financial and experiential value," Yadav said.
Separately, Infosys Co-founder S.D. Shibu Lal-led Tamara Leisure Experiences, which operates eight properties across its Tamara, O by Tamara and Lilac brands, will add nine more as it expands beyond South India.
