An Unique Interview with Zishan Khan, Chief Acquisition Officer & Co-Founding father of EkoStay, professionally managed trip houses supplier
EkoStay’s fast rise in India’s different hospitality area is intently linked to the imaginative and prescient and execution of its Co-Founder and Chief Acquisition Officer, Zishan Khan, who has helped construct a community of professionally managed trip houses throughout key leisure locations whereas redefining the second-home ecosystem for contemporary travellers.
You moved from pharmacy to actual property and finally into hospitality. What impressed this shift, and the way did EkoStay come into being?
Zishan Khan: Actually, my journey appears to be like uncommon solely on paper. Once I was learning pharmacy, I already knew I used to be somebody drawn to areas, design, and the artwork of constructing one thing tangible.
I loved understanding how issues labored, how buildings got here collectively, how areas developed excess of I loved the concept of a standard scientific profession.
My transfer into actual property was the primary time I felt aligned with my instincts. I cherished strolling uncooked, unfinished properties and imagining what they might grow to be.
There was one thing deeply satisfying in taking a spot that folks missed and turning it into one thing significant, practical, and delightful. That feeling turned addictive.
EkoStay got here from a mixture of curiosity, timing, and the collective starvation of 4 mates who needed to construct one thing larger than ourselves.
All of us seen the identical hole India had motels and it had homestays, however only a few skilled homestays. Travellers needed privateness with out the inconsistency. Villa homeowners needed to monetise their properties however didn’t have the methods to handle them.
The second we realised we might carry construction, design, and hospitality below one roof, the concept took off.
EkoStay wasn’t born from a boardroom it was born from lengthy drives, property visits, and conversations about how journey in India was evolving. The imaginative and prescient grew organically, and the enterprise adopted.
How did you determine trip leases as a scalable enterprise alternative early on?
Zishan Khan: It began with remark. Every time I spoke to travellers mates, colleagues, households I sensed the shift. Folks needed to spend time collectively in a single area, not be cut up throughout resort rooms. They needed a kitchen, a pool, a personal garden, a lounge to bond in.
On the identical time, I realised one thing essential: India had loads of lovely second houses sitting locked and unused for a lot of the yr. House owners have been struggling to take care of them, and lots of didn’t even break even.
That’s once I noticed the sample. Travellers have been on the lookout for areas. House owners have been on the lookout for options. The infrastructure hole in between was big and solvable.
As soon as we launched the primary few villas and noticed the occupancy climb far past expectations, it turned apparent that this was not a distinct segment pattern. It had the foundations of a sustainable, repeatable, and scalable enterprise mannequin.
What have been the largest challenges in constructing one in every of India’s largest villa-stay networks?
Zishan Khan: Constructing a villa community throughout India will not be like rolling out the identical resort ground plan 100 occasions. Each villa has its personal persona, format, limitations, and quirks. Standardising expertise in such variety was extraordinarily difficult.
We confronted every thing unpredictable homeowners, infrastructure points in distant areas, water shortages, staffing inconsistencies, even delays as a result of one area out of the blue received remoted throughout monsoons.
There have been days after we’d open a property, get nice opinions, and the subsequent month all the native group would give up as a result of they discovered jobs nearer to residence. Then we’d be again to sq. one constructing a group from scratch.
However these challenges pressured us to create strong methods coaching modules, SOPs, emergency protocols, and backup groups. Immediately, what appears to be like easy from the surface was constructed brick by brick by way of trial, error, and an insane quantity of persistence.
How do you strategy scouting and buying properties throughout such numerous areas?
Zishan Khan: For me, scouting is a stability of instinct and strong business judgment. The primary filter is at all times location viability how sturdy is the vacationer demand in that space, what sort of travellers frequent it, and whether or not the area has year-round potential or seasonal spikes.
I consider the proximity to necessities like markets, medical amenities, accessibility, and fundamental connectivity as a result of even an offbeat location should stay sensible for friends.
We additionally assess security, emergency backups, native laws, and ease of operations, particularly in distant areas.
From there, I take a look at the property’s structural potential, format, privateness, scalability for upgrades, and the sort of expertise it may possibly realistically provide.
If a villa checks these packing containers and might ship a dependable, memorable keep for our friends, then it turns into a robust contender in our acquisition pipeline.
As Chief Acquisition Officer, what standards outline a “high-potential” property for EkoStay?
Zishan Khan: For me, a high-potential property is rarely outlined by simply numbers or checklists it’s a mix of sensible power and emotional resonance.
In fact, I take a look at the basics first: how well-connected the situation is, whether or not the area is already a robust journey market or reveals indicators of changing into one, and whether or not the construction itself has the sort of basis that may be elevated with out making the renovation financially unreasonable.
House, security, and privateness are key particularly within the villa-stay enterprise the place households and teams come to unwind with out disturbance.
However past the logical parameters, I rely closely on intuition and feeling. Some properties instantly evoke a way of calm, or provide a view that makes you pause.
Others have layouts that naturally carry folks collectively a heat lounge, a terrace with a quiet appeal, a nook that turns into the soul of the house as soon as it’s styled proper.
Typically a villa appears to be like peculiar at first look, however I can see the transformation in my thoughts how lighting will spotlight its strengths, how landscaping will open up the area, how just a few design decisions will make it really feel elevated.
That capacity to visualise the expertise earlier than it exists is what helps me determine a real EkoStay-worthy residence.
How do you stability business viability with design, consolation, and visitor expertise?
Zishan Khan: I’ve by no means believed these features sit on reverse sides of the size. To me, considerate design is the largest driver of economic success.
When an area feels harmonious, well-lit, aesthetically cohesive, and intuitively laid out, friends robotically take pleasure in their keep extra.
They spend time within the residence, really feel snug, take footage, depart higher opinions, and return for future stays. That complete cycle is triggered by design that respects each operate and emotion.
Every time we contemplate an improve, I solely ask one query: will this make the visitor really feel extra at residence and extra valued? If the reply is sure, then it’s price doing.
We’re not within the enterprise of including décor parts simply to make a property look costly. Each alternative from the color palette to the kind of couch has a objective. When the expertise is thoughtfully crafted, the business worth naturally follows.
How have traveller expectations modified within the villa/homestay section over the previous couple of years?
Zishan Khan: The shift has been large. Earlier, travellers have been glad so long as the villa was clear, had a pool, and provided fundamental consolation. However immediately’s friends are way more discerning.
They need aesthetically designed houses with snug bedding, practical kitchens, high-speed web, sensible leisure methods, and temper lighting that makes the area really feel heat and welcoming. They count on the atmosphere to be curated, not unintended.
Extra importantly, they need stays that provide soulful experiences not simply facilities. Individuals are selecting villas to reconnect, rejoice milestones, work remotely, or just pause.
Workations, wellness-inspired breaks, close-knit gatherings all these micro-trends have reshaped what “consolation” means. The most important change is that friends now worth how a spot makes them really feel, which implies the keep issues simply as a lot because the vacation spot.
What developments do you see shaping India’s holiday-home and short-stay market within the subsequent decade?
Zishan Khan: The following decade goes to be transformative for this area. I see an enormous shift towards non-traditional markets travellers eager to discover quieter hill belts, untouched coastlines, and lesser-known cities with character.
Structure that blends into nature will grow to be a defining issue, with glass houses, wooded cabins, and biophilic designs changing into mainstream.
Tech-enabled villas will even take over from contactless check-ins to sensible local weather management. Wellness-centric stays will emerge strongly, with travellers on the lookout for houses that provide calmness, clear design, and areas that assist them disconnect.
And above every thing, the desire for personalised, boutique-style properties will proceed to rise as folks transfer away from standardised resort environments.
As Indian cities grow to be more and more chaotic and fast-paced, villas will grow to be the popular escape for celebrations, breaks, distant working, and every thing in between.
What management ideas information you whereas scaling a enterprise like this?
Zishan Khan: My management comes from the bottom, not the desk. In a enterprise the place actual property meets hospitality, choices can’t be made in isolation.
I consider in visiting properties myself, assembly groups in particular person, and understanding the visitor’s expertise firsthand.
This hands-on strategy retains me linked to the realities of the enterprise and helps me make choices which might be sensible, not theoretical.
I additionally consider deeply in belief with group members, homeowners, suppliers, and companions. Our trade is just too operational, too human-driven, to run on shortcuts.
You want individuals who care. My job is to present them readability, confidence, and consistency. I’ve at all times believed you could scale quick, or you possibly can scale sturdy and at EkoStay, we’ve at all times chosen the latter.
How do you construct and encourage groups throughout completely different states?
Zishan Khan: I’ve discovered that groups work with coronary heart once they really feel like they’re a part of one thing that issues.
At EkoStay, we ensure that each group member understands that they’re not simply sustaining a villa they’re creating an expertise that turns into a reminiscence for the visitor. That sense of objective creates satisfaction, and satisfaction creates efficiency.
We make investments closely in coaching, in open communication, and in creating an setting the place folks really feel snug talking up. Each group member is aware of they will attain out instantly if one thing feels off whether or not it’s operational or private.
We rejoice small wins, respect good work overtly, and ensure everybody feels valued, not simply instructed. In a geographically distributed enterprise like ours, emotional connection is the glue.
As somebody from exterior hospitality and actual property, what mindset allowed you to succeed?
Zishan Khan: Curiosity has at all times been my best benefit. I walked into each assembly, website go to, and problem with out assumptions.
I requested questions, listened greater than I spoke, and accepted that I wouldn’t know every thing on day one and even yr one. That humility made the training curve quicker.
Satirically, not coming from the trade helped me in methods I didn’t count on. I wasn’t restricted by conventional considering or old-school guidelines.
I approached issues with a recent lens and made choices primarily based on what felt proper for the visitor and the house owner, not what had at all times been achieved. Typically breaking the norm is simpler whenever you by no means belonged to it within the first place.
What recommendation do you’ve for entrepreneurs making profession shifts or getting into new industries?
Zishan Khan: Ready for readability is the largest lure. You achieve readability solely when you begin shifting. My recommendation is to take the leap, keep observant, and stay versatile. Be taught relentlessly, regulate when wanted, and don’t be discouraged by early confusion it’s a part of the method.
Most significantly, put your ego apart. If you enter a brand new subject, you’re a newbie once more, irrespective of how skilled you’re elsewhere.
If you happen to embrace that, you develop quicker. If you happen to struggle it, you stagnate. The shift turns into simpler whenever you permit your self to be a pupil once more.
What improvements has EkoStay launched that you just consider contributed most to its success?
Zishan Khan: For us, innovation didn’t begin with fancy expertise it began with construction. Once we entered this area, the homestay section in India was extraordinarily unorganised.
We introduced hotel-like self-discipline into non-public villas standardised operations, clear SOPs, layered staffing, high quality checks, design frameworks, and a robust owner-partnership mannequin that helped householders depend on us utterly.
We additionally constructed a system the place each property was constantly managed, regardless of location. This consistency turned our greatest differentiator.
As soon as friends skilled the reliability, they trusted us, and that belief is what allowed us to scale whereas nonetheless sustaining the heat and private contact that defines EkoStay.
On this dialog, Zishan Khan displays on the expansion journey of EkoStay, sharing insights on acquisition technique, second-home transformation, and the way forward for trip leases in India, leaving readers with a clearer understanding of how thoughtfully managed villas can profit each householders and friends in a fast-evolving journey market.
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