Saltstayz records INR 99.7 Cr annual revenue in 4 years; Eyes INR 1,500 Cr by FY30
From L to R - aurav Gupta, Nishant Tripathi, Sandeep Goyal
The company targets 250 hotels across 50 cities and 10,000+ keys by FY30
Saltstayz, the Gurugram based hospitality company, has crossed INR 99.7 crore in top-line revenue during FY 2025–26, making it one of India's most remarkable growth stories in the organised hospitality sector while being profitable since inception, achieved entirely without venture capital or external equity. The company is now setting its sights on INR 500 crore in annual revenue by FY30 through organic growth, backed by a sharp expansion blueprint of 150 hotels across 30 cities, totalling approximately 5,000–5,500 keys.
Founded in 2022 by Gaurav Gupta, Sandeep Goyal and Nishant Tripathi, Saltstayz has built a portfolio of 33 operational hotels with approximately 1,214 keys across seven cities, all within the mid-premium to premium segment - under its three distinct brands: Autograph, Premier and Select. The company currently employs around 670 people and relies on an asset-light model of Long-term lease, revenue-sharing arrangements, and management contracts to fuel its rapid scaling.
"We are a fully bootstrapped company to date, and so far, we have not diluted any equity in the company. We are profitable since our first year of incorporation and the expansion so far has happened organically. At our current growth rate, we are aiming to achieve annual revenue of INR500 crore by FY30. We are also looking to raise our first round of structured capital, to fuel our growth plans. With the right capital infusion, we aim to achieve annual revenue of INR1,500 crore by FY30 with 10,000+ keys across 250 hotels in our portfolio.” said Gaurav Gupta, Co-founder, Saltstayz.
The growth trajectory from a standing start in 2022 to nearly INR100 crore in revenue within four fiscal years is widely seen as unprecedented for a bootstrapped player in Indian hospitality. The sector has historically been dominated by well-capitalised chains or asset-heavy legacy players; Saltstayz's lean, contract-driven model offers a sharp counterpoint.
Saltstayz's current footprint is concentrated in North India across seven cities. The next phase of growth will pivot sharply toward the south and the west. The company is targeting a total of 55 hotels by the end of FY 2026–27, adding 22 properties during the current financial year. For the next leg, Saltstayz plans to deploy around INR18 - 20 crore across new cities, a fraction of what traditional hotel ownership would require.
To achieve the INR500 crore revenue target by FY30 organically, Saltstayz will need to scale its workforce from the current 670 employees to approximately 2,000–2,200, a signal of the operational depth the expansion will demand. The company is in active conversations around its first formal fundraise, prioritizing structured debt but keeping equity options open.
The company recently marked its entry into the leisure travel segment with the launch of its premium ‘Autograph’ brand in Rishikesh - one of India’s most sought-after wellness and spiritual destinations. With 38 keys, the property launch in Rishikesh marks the implementation of Saltstayz’s broader strategy of expanding into high-potential leisure destinations while offering thoughtfully designed stays at competitive pricing. The hospitality company is planning to expand into other parts of the country through its Autograph portfolio. Designed for modern travellers seeking more than just accommodation, Autograph hotels are set to play a central role in Saltstayz’s expansion strategy in the near future.
