The Indian hospitality sector is grieving the unexpected loss of Akshay Kulkarni, Chief Business and Strategy Officer at Araiya Hotels & Resorts, who passed away on May 10, 2025, due to a massive heart attack. With a distinguished career spanning over 27 years, Kulkarni was a respected leader in the hospitality and real estate industry, known for his sharp business acumen, strategic insight, and commitment to excellence.
At Araiya Hotels, Kulkarni played a pivotal role in driving the brand’s strategic growth. He focused on expanding the company’s hotel portfolio, building strong partnerships, and exploring new market opportunities across South and Southeast Asia. His work in business development, project execution, and asset management was widely recognized and contributed significantly to the success of several organizations he was associated with.
Kulkarni’s sudden demise is a profound loss to the hospitality industry, where he was admired not only as a visionary leader but also as a mentor to many. He leaves behind a legacy of innovation, professionalism, and unwavering dedication. He is survived by his family, friends, and countless colleagues who continue to honor his memory and contributions to the sector.
