Tellado Realty has divested its hospitality business to villa rental brand StayVista. Known for its high-end projects like Tellado Villas in Siolim and Baia Villas in Mandrem, Tellado Realty aims to concentrate on developing Goa’s premier luxury villas while StayVista will take over the operations and management of its hospitality offerings.
StayVista plans to enhance the guest experience at Tellado’s villa establishments located in Assagao, Siolim, Mandrem, and Aldona, with its fully-serviced stays. This partnership marks a significant step for StayVista, which aims to establish a robust B2B vertical by providing facility management, design consultancy, and sales services to developers across India. The co-founder of StayVista, expressed enthusiasm about the collaboration, stating that Tellado’s commitment to luxury aligns perfectly with their brand ethos. “We are excited to partner with Tellado and maintain the same values in hospitality that guests have come to expect through the StayVista experience at each Tellado villa,” he noted.
The founder and managing director of Tellado, noted that divesting its hospitality business allows the company to focus on developing luxury villas in Goa. This partnership with StayVista underscores a trend in real estate where developers outsource operational functions to specialists, enhancing service quality. Additionally, it promotes sustainability by aligning both companies towards efficient resource management and sustainable tourism practices, benefiting Goa’s local community and environment.