Suparjya Swain 
BHUBANESWAR: With over four decades of experience in the steel and mining sectors, Dipti Ranjan Patnaik has firmly established himself as a formidable force in India’s industrial landscape. Yet, driven by a relentless desire to diversify his business interests, Patnaik took on a new challenge a year ago: he became the Chairman of Atmosphere Hospitality Pvt Ltd.
A Strategic Move into Hospitality
“I’ve always been passionate about diversifying my business interests beyond the mining and steel industry. The burgeoning opportunities in the hotel sector, especially in India, motivated me to seek a strategic partnership,” shares Patnaik. His search led him to Atmosphere Core, a hospitality company renowned for its impressive setup in the Maldives and its innovative approach to guest services. This collaboration was a perfect fit for Patnaik, who was inspired by the company’s commitment to exceptional guest experiences.
Under his leadership, Atmosphere Hospitality Pvt Ltd is now focused on an ambitious expansion plan. The company aims to establish hotels and resorts across the Asia Pacific region, capitalizing on the region’s growing demand for luxury hospitality. Patnaik’s strategic vision is to drive this expansion while maintaining the company’s core philosophy of delivering unparalleled guest experiences.
Leveraging Core Expertise
Despite his foray into the hospitality industry, Patnaik remains deeply connected to his roots in the steel and mining sectors. “My core business remains central to my endeavours,” he affirms. His success as an entrepreneur in these foundational sectors has provided him with invaluable insights that he now applies to his new venture. The innovative concepts and exceptional service standards of the Atmosphere Group, combined with the leadership of Salil Panigrahi, Managing Director of Atmosphere Hotels & Resorts, and Sauvagya Mohapatra, Managing Director for India, Sri Lanka, Nepal, and Bhutan at Atmosphere Hotels & Resorts , have significantly influenced his decision to establish Atmosphere Hospitality Private Limited.
Seizing Market Opportunities
Atmosphere Group’s philosophy, “Joy of Giving,” underpins its commitment to exceptional values and guest experiences. Patnaik highlights the company’s ability to capitalize on significant opportunities in the current market. With top-tier properties secured across India and robust investor support, Atmosphere Hospitality is well on its way to achieving its goal of acquiring 26 properties by 2025.
Patnaik emphasizes the importance of a strategic focus on human resources in driving the company’s success. “Our robust HR and Learning & Development team ensures we onboard the right candidates and provide outstanding service, fostering high guest satisfaction and repeat business,” he says. The company differentiates itself from competitors through its emphasis on effective onboarding, employee engagement, and comprehensive training.
Expanding into New Markets
Patnaik is keenly aware of the growing opportunities in the wedding and MICE (Meetings, Incentives, Conferences, and Exhibitions) segments in India. “Our properties are strategically positioned to leverage these expanding markets,” he notes, “and we are committed to providing a strong return on investment (ROI) for our investors and stakeholders, adhering to agreed timelines.”
Atmosphere Hospitality’s approach to evaluating new projects is highly selective, focusing on connectivity, tourism interests, cultural heritage, and the unique character of each site to gauge feasibility and profitability. This strategic approach ensures that each new property aligns with market trends and industry standards, ultimately driving the company’s growth.
A Global Vision for the Future
Atmosphere Core, with its impressive portfolio of ultra-luxury resorts in the Maldives, is now poised to expand into India, Nepal, Bhutan, and Sri Lanka. “I’m confident Atmosphere Core’s renowned reputation for excellence in hospitality will extend its legacy to India,” says Patnaik. With top talent recruited from around the globe, Atmosphere Hospitality is set to make a significant impact on the Indian hospitality sector.
In just two years, Atmosphere Core has signed 16 properties and is actively pursuing additional opportunities, with a target of reaching 25 properties by 2025. Patnaik is optimistic about the future, driven by the leadership of Sauvagya Mohapatra and the trust of esteemed investors. “Together, we will achieve great success in the future,” he asserts.
Redefining Luxury Hospitality
Looking ahead, Patnaik envisions Atmosphere Hospitality making its mark in some of the world’s most exclusive destinations. “With the backing of like-minded investors and a passionate team, we are well-positioned to extend our reach into premier locations,” he says. “Our growth is not just about increasing numbers but about delivering exceptional experiences and establishing a strong presence in the luxury hospitality sector.”
With a clear vision and unwavering dedication, Dipti Ranjan Patnaik is set to achieve remarkable success and redefine luxury hospitality on a global scale. As he continues to lead Atmosphere Hospitality Pvt Ltd, the industry can expect nothing short of excellence from this visionary leader.
