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One Atmosphere Eyes ₹ 500 Crore Investment for Expansion of Luxury Service Apartments Business; Targets 7,500 Keys Over Five Years

New Delhi  – One Atmosphere is eyeing ₹500 crore worth investment to drive the expansion of Luxury Service Apartments, its premium apart-hotel brand with a target of signing approximately 7500 keys over the next five years across India and carefully selected international markets.

ONE Atmosphere was built around the philosophy LIVE THE ONE: the idea that a stay should feel, from the moment of arrival, like living. Guests check into a fully furnished apartment with a proper kitchen, a living room to settle into, a dedicated workspace and genuine residential space while a full hotel operation runs around them. Breakfast is served every morning. The apartment is turned over each day. The team is attentive, present and professional throughout. It is hospitality operating at full standard, delivered into a space that feels like home.

The fourth brand under parent company Atmosphere Core, ONE Atmosphere serves a wide range of guests whose lives have outgrown what a conventional hotel stay can offer. Business professionals on extended assignments who need a proper desk and a kitchen that works. Families who travel together and need room to actually be together. Expatriates settling into a new city who want the support of a full hospitality operation while they find their footing. Wellness travellers looking for the kind of space and quiet that allows them to properly slow down and reset. For all of them, LIVE THE ONE is the promise: a hotel experience, an apartment to come home to, every single day of the stay.

The investment comes at a moment when demand for this kind of experience is growing quickly and consistently. India’s extended-stay hospitality sector was valued at over USD 1.6 billion in 2024 and is projected to expand at a CAGR exceeding 15% through 2030, driven by exactly the combination of quality, space and flexibility that ONE Atmosphere is built to deliver.

Across its properties, guests have access to a range of hospitality amenities including coffee bars, all-day dining, coworking environments, wellness facilities, conference rooms, terrace bars and banqueting spaces, each configured to the scale and character of the location. The brand operates under an asset-light model through management and lease agreements with developers and property owners.

“The shift in the market is clear. Guests want a full hotel experience the breakfast, the daily service, the team on hand delivered into an apartment where they can actually live for the duration of their stay. LIVE THE ONE is the operating principle behind every decision we make, from the way an apartment is furnished to the way a guest is welcomed at the door. This investment allows us to bring that experience to more cities, more markets and the many more guests who deserve a stay designed around them, not a temporary arrangement to tolerate. — Sandeep Ahuja, Managing Director, ONE Atmosphere

Approximately 60% of inventory is expected to be driven through corporate partnerships and bulk room-night agreements, anchored by demand from relocating professionals and expatriates. Average stay durations are projected at five nights and above, with growing interest from shorter-stay guests who are drawn by the quality of space and the ease of having a full hotel operation take care of the details around them.

The brand’s first property — ONE Atmosphere Suites at Corner Walk, Gurgaon, developed in partnership with M3M India, one of the country’s most established real estate developers — is set to open in September 2026. The partnership reflects the model through which ONE Atmosphere intends to grow: working with leading developers who bring the right location, scale and built environment, while ONE Atmosphere provides the operational expertise, the service culture and the brand that makes a property genuinely worth staying in.

ONE Atmosphere is the fourth premium brand under Atmosphere Core, a hospitality group that has built its reputation managing nine luxury resorts in the Maldives and is now aggressively expanding across India and global markets. While Atmosphere Living focuses on branded residences and hospitality-backed real estate, ONE Atmosphere operates as a dedicated hospitality vertical, bringing the same hotel-grade operations and service culture that define the group’s resorts into residential-scale apartments across its portfolio.

India expansion spans Gurgaon, Noida, Bengaluru, Mumbai and Hyderabad, with international growth planned across Cambodia, Indonesia, Sri Lanka, Thailand and the UAE.

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