Turning Dreams Into Crores: Aditya Parashar’s Journey from ₹8,000 to India’s Next Big Hotel Chain

But the vision goes beyond great stays. With its franchise-friendly, asset-light model, Ace Stayz is fast becoming a preferred partner for property owners and real estate developers looking for high-ROI ventures with assured revenue.

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Sartaj Singh
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Aditya Parashar

Aditya Parashar Photograph: (http://acestayz.com/)


 
Noida, Uttar Pradesh (India), May 15, 2025: In a world full of entrepreneurial success stories, the one of Aditya Parashar, stands out. Founder of Ace Stayz, Aditya started his career in 2017, with just a salary of ₹8,000 per month. However, with sheer determination and strategic planning, he went down the path of transforming his vision into a multi-crore hospitality empire.  

Aditya unveiled his first venture – Let’s Stay, a homestay brand built upon affordability, warmth, and comfort – in 2020, just before the pandemic. Despite the global shutdown and quarantine, he doubled his dream by expanding operations in Gurugram, Delhi, Noida, Mohali, Jaipur, and other major cities in India. 

Aditya’s venture further crossed a milestone in 2024 when he launched the Ace Stayz – an innovative hybrid chain of hotel-grade homestays that combined warmth and convenience. With stylish interiors, competitive pricing, and tech-enabled guest experiences, Ace Stayz is now operating in Vasant Kunj and Noida, with the vision to open 30+ hotels in India by year’s end.

Spearheaded by Aditya, Ace Stayz has gained the trust of digital nomads, urban travellers, and business guests searching for work-friendly, vibrant, welcoming stays that do not compromise quality. Ace Stayz’s offerings include hybrid hotels, studio apartments, and boutique hotels to meet the different needs of a broad group of customers. 

But the vision goes beyond great stays. With its franchise-friendly, asset-light model, Ace Stayz is fast becoming a preferred partner for property owners and real estate developers looking for high-ROI ventures with assured revenue. Collaborating with Ace Stayz will ensure investors have a source of regular income and the opportunity to become a hotelier. 

Driven by a mission to democratize quality hospitality, Aditya is building more than just hotels—he’s creating a national network of experiences that deliver consistency, comfort, and community.

From humble beginnings to national ambitions, Ace Stayz is more than a brand—it’s a movement redefining mid-size hospitality in India.

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