ELIVAAS, a premium villa rental brand, is rapidly scaling its presence in India and is set to exceed 500 properties within just two years of its launch. Founded in 2023, the company has seen exponential growth, now managing over 400 luxury villas across six states, including Goa, Himachal Pradesh, and Uttarakhand. With aggressive expansion plans, ELIVAAS aims to reach 1,000+ properties soon while preparing for its global debut by the year’s end. The brand is adding over 50 properties per month and diversifying into corporate and spiritual tourism. With a strong focus on sustainability, its upcoming eco-resort in Banaras will be powered entirely by solar energy. Leveraging technology, transparent homeowner partnerships, and a vast B2B network, ELIVAAS continues redefining luxury travel experiences in India and beyond.
1. Introduction to ELIVAAS and Its Working Model
ELIVAAS is a premium villa rental brand that provides luxury accommodation options for leisure, corporate, and spiritual travelers. It operates under three collections: ELIVAAS Privé, ELIVAAS, and Alaya Stays. The platform connects travelers with exclusive villas while enabling homeowners to generate revenue through short-term rentals. Its tech-driven approach ensures seamless property management, customer experience, and business growth.
2. Revenue Model and Expansion Strategy
ELIVAAS follows a commission-based revenue model, charging property owners a fee for managing bookings and services. The brand has partnered with over 2,000 B2B travel agents and developed dedicated apps for guests, homeowners, and partners. This ecosystem enables high occupancy rates and superior customer satisfaction, as reflected in its 94% five-star review rate.
3. Background and Growth Journey of ELIVAAS
Founded in 2023, ELIVAAS has rapidly expanded its footprint, adding over 50 properties every month. Initially focusing on popular destinations like Goa, Uttarakhand, and Himachal Pradesh, it now aims to establish a strong presence in Karnataka, Kerala, and beyond. By the end of the year, ELIVAAS plans to make its international debut, reinforcing its vision of making luxury stays accessible worldwide.
4. ELIVAAS Exceed 500 Properties Milestone
With over 400 properties currently under its portfolio, ELIVAAS is on track to surpass 500 properties in Q2. This milestone underscores its strategic expansion, homeowner trust, and growing customer demand for luxury stays. By leveraging advanced technology, local partnerships, and customer-centric experiences, ELIVAAS is reshaping the hospitality sector in India.
5. Innovations and Sustainability Initiatives
ELIVAAS is expanding its offerings by venturing into corporate and spiritual tourism. The recent launch of Miyabi Suites in Gurgaon marks its entry into corporate accommodations. Additionally, the upcoming eco-resort in Banaras, powered entirely by solar energy, reflects its commitment to sustainable travel solutions. The brand is also working closely with local communities, generating employment and promoting responsible tourism.
6. Leadership Vision and Future Roadmap
Founder and CEO Ritwik Khare envisions ELIVAAS as more than just a luxury stay provider. He emphasizes curating immersive travel experiences that blend culture, comfort, and sustainability. As ELIVAAS prepares for global expansion, it aims to redefine international villa rentals by maintaining high standards, technological excellence, and seamless homeowner collaborations.
7. Learning for Startups and Entrepreneurs
- Scalability Through Technology: ELIVAAS demonstrates how integrating technology can streamline business operations and enhance customer satisfaction.
- Sustainable Growth: The brand’s eco-friendly initiatives highlight the importance of responsible tourism and long-term sustainability.
- Customer-Centric Approach: High service quality and transparent homeowner partnerships have fueled ELIVAAS’s rapid expansion.
- Diversification Strategies: Expanding into corporate and spiritual tourism showcases the value of catering to diverse customer segments.
- Global Expansion Mindset: ELIVAAS’s international ambitions reflect the potential of Indian startups in the global market.
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