Praveg Limited, a company known for its eco-responsible luxury hospitality solutions, has formally completed the handover of operations of its flagship resort property, Praveg Atoll’s, located on Bangaram Island, Lakshadweep, to Indian Hotels Company Limited (IHCL). The transition follows the Hotel Management Agreement signed earlier and disclosed publicly on March 3, 2025.

This landmark development is a strategic move in redefining luxury and sustainable tourism in one of India’s most pristine and ecologically rich destinations. IHCL, which operates prestigious hotel brands including Taj, Vivanta, and SeleQtions, will now operate and manage the Bangaram Island resort under the SeleQtions brand. This aligns with IHCL’s reputation for curated, bespoke guest experiences with an emphasis on eco-conscious travel.

Strategic Vision Behind the Handover

Dr. Vishnukumar Patel, Chairman of Praveg Limited, highlighted the transition as a milestone collaboration aimed at preserving Bangaram Island’s ecological integrity while introducing world-class luxury to discerning travelers. He emphasized that this move stems from a shared vision between Praveg and IHCL—to develop Bangaram Island into a benchmark for sustainable luxury tourism.

Under the agreement, IHCL will handle all aspects of the resort’s operations, which include:

• Hospitality services

• Guest relations

• Food & Beverage operations

• Sustainable infrastructure

• Marine conservation and eco-tourism planning

A New Era for Bangaram Island

With its integration into IHCL’s portfolio, the resort will now offer:

• Exclusive SeleQtions Experiences: This includes tailored luxury services, wellness spas, fine-dining experiences, and authentic local cultural immersions.

• Eco-Friendly Tourism Framework: The property is built with low-impact structures, powered by sustainable utilities, and guided by marine conservation practices to uphold the island’s natural balance.

• Increased Global Visibility: Leveraging IHCL’s international marketing capabilities, loyalty programs, and travel networks, the resort is set to attract high-end international and domestic travelers.

The Broader Industry Impact

This handover signifies a notable shift in how eco-luxury destinations are developed and managed in India. It also showcases a rising trend where strategic partnerships between niche eco-tourism firms and legacy hospitality brands collaborate to offer something transformational to modern travelers—a mix of luxury, sustainability, and authenticity.

Such collaborations are vital at a time when sustainability is no longer an option but a necessity. The Indian luxury tourism segment is now increasingly being defined by such eco-luxury offerings, with guests looking for experiences that don’t just comfort but also contribute to the environment and local communities.

About Praveg Limited

Praveg Limited has emerged as a pioneer in eco-sensitive luxury tourism, operating unique resorts across locations rich in cultural, heritage, and natural significance. These resorts, constructed with non-permanent structures, allow access to remote and ecologically sensitive areas, where traditional development is not feasible. This model not only offers unique travel experiences but also ensures environmental preservation.

Additionally, Praveg has strong roots in the event management industry, with capabilities to create large-scale non-permanent structures in a short time. This has allowed the company to diversify into weddings, banquets, and thematic luxury events, complementing its hospitality offerings.

With a strong focus on sustainability, innovation, and luxury, Praveg continues to set new benchmarks in the Indian tourism and events industry.

About Indian Hotels Company Limited (IHCL)

IHCL is a Tata Group company and India’s largest hospitality enterprise, operating brands like Taj, Vivanta, SeleQtions, and Ginger. Known for its heritage properties, world-class service, and luxurious experiences, IHCL is now increasingly focused on integrating sustainability into hospitality, through initiatives that align with environmental conservation and community development.

The addition of the Bangaram Island resort under the SeleQtions brand further strengthens IHCL’s commitment to eco-luxury travel and expands its portfolio into exclusive island destinations.

Future Outlook

This handover reflects Praveg’s strategic direction of partnering with hospitality giants to enhance operational quality while staying focused on its eco-conscious development philosophy. At the same time, it allows IHCL to expand its footprint in boutique luxury experiences with a sustainability-first approach.

Going forward, both companies are expected to explore similar opportunities across India’s unexplored coastal and heritage-rich destinations.

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