From steel to suites

With over four decades of experience in the steel and mining sectors behind him, Dipti Ranjan Patnaik took over the reins of Atmosphere Hospitality Pvt Ltd as its Chairman around a year back. “I’ve always been passionate about diversifying my business interests beyond the mining and steel industry. The burgeoning opportunities in the hotel sector, especially in India, motivated me to seek a strategic partnership. Atmosphere Core’s impressive setup in the Maldives and their innovative approach to guest services caught my attention, leading me to collaborate with them,” shares Patnaik. He now aims to drive the company’s expansion plans by setting up hotels and resorts across the Asia Pacific region.

Having gained invaluable insights and achieving significant success as an entrepreneur, Patnaik says his core business remains central to his endeavours and he continues to excel in this foundational sector. “The innovative concepts, exceptional setup and guest service excellence of the Atmosphere Group, combined with the leadership of Salil Panigrahi, Managing Director of Atmosphere Hotels & Resorts and Souvagya Mohapatra, Managing Director for India, Sri Lanka, Nepal and Bhutan at Atmosphere Hotels and Resorts, greatly influenced my decision to establish Atmosphere Hospitality Private Limited.”

OZEN MANSION KOLKATA

Key opportunities in current market scenario

Capitalising on significant opportunities in the current market, Atmosphere Group’s core philosophy, Joy of Giving, underpins its commitment to exceptional values and unparalleled guest experiences. The company has successfully signed and acquired top-tier properties across India, bolstered by the support of exceptional investors. “We are on track to achieve our goal of securing 25 properties by 2025,” he adds.

Patnaik also highlights the strength of Atmosphere Group’s team and its strategic focus on human resources. The company’s emphasis on effective on-boarding, employee engagement and comprehensive training differentiates it from competitors. “Our robust HR and Learning & Development team ensures we on-board the right candidates and provide outstanding service, fostering high guest satisfaction and repeat business,” he shares.  

OZEN VILLAS JAIPUR

Potential profitability of a new project

When evaluating the potential profitability of a new property or project, the hotel group takes a strategic approach. “We are highly selective about the locations and destinations we choose for our properties. Connectivity with other regions is essential and we thoroughly consider tourism interests, cultural heritage and the unique character of each site to gauge feasibility and profitability,” explains Patnaik. He also emphasises on the importance of aligning with market trends. “We recognise the growing opportunities in the wedding and MICE segments in India. Our properties are strategically positioned to leverage these expanding markets and we are committed to providing a strong return on investment (ROI) for our investors and stakeholders, adhering to agreed timelines and industry standards,” he adds.

SARDAR MAZIL AN ATMOSPHERE HERITAGE BHOPAL

Talent acquisition and development  

Atmosphere Hospitality’s HR team, informs Patnaik, stays at the forefront of HR management trends and maintains strong ties with leading hotel management institutes. “We follow global best practices in HRM to ensure excellence. Following recruitment, we implement a thorough induction plan, offer industry-standard facilities, and emphasise training, career planning and a robust appraisal system. During induction, team members are trained to embrace our core philosophy, Joy of Giving, and uphold our organisational values,” he says. The company recognises its team through awards and promotions, ensuring their continued motivation and commitment.

Focus on hospitality real estate  

Atmosphere Core is a leading hospitality company in the Maldives, boasting a portfolio of 10 ultra-luxury resorts within just over a decade. Patnaik’s partnership with Atmosphere Core aims to expand its presence into India, Nepal, Bhutan and Sri Lanka. The company is poised to launch three properties in India this year, promising exceptional service and high standards. “I’m confident Atmosphere Core’s renowned reputation for excellence in hospitality will extend its legacy to India. We have recruited top talent from around the globe and are optimistic about making a significant impact on the Indian hospitality sector,” he says.

In just two years, Atmosphere Core has signed 15 properties and is actively pursuing additional opportunities, with a target of reaching 25 by 2025. “Under Souvagya’s leadership, our team has partnered with esteemed and like-minded investors. I’m confident our investors will continue to place their trust in us, and together, we will achieve great success in the future,” Patnaik adds.

A vision for the future

Atmosphere Hospitality is poised to make its mark in some of the world’s most exclusive destinations. “With the backing of like-minded investors and a passionate team, we are well-positioned to extend our reach into premier locations. Our growth is not just about increasing numbers but about delivering exceptional experiences and establishing a strong presence in the luxury hospitality sector. With a clear vision and unwavering dedication, we are set to achieve remarkable success and redefine luxury hospitality on a global scale,” says Patnaik.