Kumar Raipancholia has been appointed as AVP Sales and Distribution for SaffronStays

Kumar comes with over a decade of experience in the hospitality industry and is tasked with driving occupancy growth and numbers for the 7-year-old start-up that currently has 250+ homes under the banner

As supply for SaffronStays, India’s foremost and exclusive collection of fully staffed and serviced private vacation homes grows, the brand has roped in Kumar Raipancholia to lead demand as AVP, Sales and Distribution. This comes shortly after opening doors in vital new markets like Uttarakhand, Himachal Pradesh, Goa, Kerala and Tamil Nadu. Kumar comes with over a decade of experience in the hospitality industry and is tasked with driving occupancy growth and numbers for the 7-year-old start-up that currently has 250+ homes under the banner. 

Born and raised in Mumbai, Kumar is an alumnus of Bandra’s MET Institute of Management. In 2012 he had his first brush with the MICE and FIT segments at Grand Hyatt Mumbai Hotels and Residences He then spearheaded the same segments at Park Hyatt Goa Resort and Spa before moving to Alila Diwa Goa – A Hyatt Brand as Associate Director, Sales. With over 10 years of experience in the MICE-Weddings, FIT and Travel Trade experience of Mumbai, Bangalore, and Delhi NCR markets, Kumar comes armed with immense knowledge in the conventional accommodation space. 

Says Devendra Parulekar, Founder, SaffronStays, “Besides setting ourselves on a path of profitability, a critical objective for 2022 that we’d set for ourselves was to professionalise the company. From a start-up that was a rank outsider to the industry, to causing the industry veterans to be a part of the category, SaffronStays has come a long way. It was time to induct professional talent from the hotel industry to take us to the next level. This is why we sought out Kumar Raipancholia as Chief of Sales and Distribution to help us navigate the complex world of hospitality sales. He will build and cultivate distribution channels including travel agents and OTAs, and leading website sales that has been the largest contributor to our sales.”

Says Kumar Raipancholia, “Ever since Airbnb opened its doors, it has opened travellers’ minds to the possibility of staying in a home, instead of a hotel. After the pandemic-induced lockdowns, we have seen a shift in the minds of the guests who are now turning to Homes Stays as an option while looking for their holiday. Private villas are aspirational getaway options; to holiday in and to own. Guests who stay in these estates always go back with a feeling of owning a private villa, and then wanting to partner with SaffronStays to monetise the asset after they’ve spent a few years enjoying it.”

SaffronStays has been recognised as one of India’s Top 100 Luxury Brands in Luxebook’s Most Powerful 2020-2021 and 2021-2022 and featured in MoneyControl’s 75 Brands That Changed The Way We Live list. It was the only Curated Network of Private Vacation Homes to be featured on any list. Moreover, 1 in every 12 villas from Conde Nast Traveler’s 50 Top Villas In India, is an exclusively managed estate by SaffronStays. 

“I am here to build SaffronStays as a brand eponymous with quality standards, experiences and brand values in the premium and budget vacation rental space. This space is growing incredibly quickly and in another 5-7 years will be the default choice for Indians and inbound international guests as well. Today’s consumer wants luxury seeped in privacy, experiences and hassle-free service; and villas offer just that,”

Where a luxury hotel room costs ~₹25,000 for 2 pax, SaffronStays offers a base-category villa for 6 pax along with a personal home chef, a pool and complete service. “I am here to take this brand to every corner of India and spread its wings across international waters. SaffronStays should be the first brand that a guest equates to a holiday getaway.”

When he is not working, Kumar, a self-proclaimed auto enthusiast, is researching the latest supercars in the market or planning a trip from his bucket list, with Japan currently topping that.