The Indian hospitality sector is mourning the unexpected demise 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 over 27 years of experience in hospitality and real estate, Kulkarni was a respected leader known for his expertise in business development, project execution, and asset management across South and Southeast Asia. At Araiya, he led strategic growth initiatives, focusing on expanding the hotel portfolio, forging strong partnerships, and identifying new market opportunities.

Kulkarni’s career was marked by a commitment to excellence and innovation. His leadership was instrumental in driving profitability and growth in various organizations. His sudden passing is a significant loss to the hospitality industry, where he was widely regarded as a visionary and mentor.

He is survived by his family, friends, and countless colleagues who admired his dedication and leadership.