Why Millionaires are skipping 5-star hotels for this! Why Millionaires are skipping 5-star hotels for this!
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Why Millionaires are skipping 5-star hotels for this!

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Alternative Investments Consumer & Affluent India Trends Startup & Entrepreneurship Wealth Management

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Why Millionaires are skipping 5-star hotels for this! by Sandeep Jethwani

In this episode of Create Wealth, Sandeep Jethwani speaks to Amit Damani, co-founder of StayVista, on transforming underutilised second homes into premium rental properties. Amit shares how StayVista bridges the gap between emotional assets and income-generating investments, managing over ₹6,000 crore in property value. From location insights to unit economics and personal finance principles, this episode is a goldmine for anyone curious about real estate, hospitality, and passive income.

Highlight:

  • Beating Airbnb: The origin story of StayVista and its contrarian model
  • Top destinations: Where second homes earn the highest returns in India
  • Wealth from villas: How homeowners earn ₹1.5–3 lakh/month via rentals
  • Financial returns: Yield expectations and capital appreciation risks
  • Scaling the brand: From cold outreach to owning premium clusters
  • Running ₹6,000 Cr in assets: Inside StayVista’s revenue-share economics
  • Personal finance lens: Amit’s approach to risk, equity, and building wealth

Amit Damani | Co-founder, StayVista

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