April 22, 2024 – Charlotte, NC – Maya Hotels, a Charlotte-based hotel company, is thrilled to announce the promotions of Parimal Thakor to President and Krishna Deva to CEO. This leadership transition embodies the seamless continuation of the rich legacy established by the company’s founders, Baldev Thakor and JD Deva.

After almost three decades of leadership, Baldev and JD will shift to the title of Founders, remaining actively engaged in a strategic and advisory capacity within the company. Their guidance will continue to shape Maya Hotels’ trajectory in the years to come.

Parimal joined Maya Hotels in 2008 and Krishna formally came on board in 2019. Throughout their tenures, their joint efforts have molded the company’s evolution and fostered its growth. As they carry the torch with their new roles, Parimal and Krishna continue to champion collaborative leadership. The duo jointly oversees all strategic planning and investment activity for the company. Parimal is focused on the company’s ground-up development and directs all capital projects. Krishna is responsible for driving operational excellence and financial performance across the organization. Together, their shared vision and complementary skillsets promise to light the path forward for Maya Hotels.

Baldev reflected on the transition, “Parimal and Krishna have been instrumental in the company’s evolution during their time at Maya Hotels. Their dedication to our values and passion for hospitality make them ideal stewards to carry forward our legacy. As they begin this next chapter, we are confident in their ability to uphold our track record of proven results.”

JD expressed his confidence in Parimal and Krishna, “As founders, Baldev and I are proud to witness the next generation take the reins of Maya Hotels. Parimal and Krishna’s deep-rooted understanding of our business, combined with their forward-thinking spirits, ensure a harmonious transition that honors our past while embracing the future.”

“Krishna and I are humbled to assume leadership of Maya Hotels,” said Parimal. “Our shared vision, Baldev and JD’s mentorship, and the invaluable experiences we have gained over the years will guide our continued progression.”

Krishna added, “Parimal and I are excited for the work ahead and grateful for the trust placed in us by the entire Maya Hotels family. Together with our incredible teams, we are dedicated to building upon the foundation laid by Baldev and JD.”

Maya Hotels looks forward to seeing the company flourish under the leadership of Parimal and Krishna. The company is dedicated to upholding its founders’ vision by delivering “Happiness Through Hospitality” and steering its continued prominence in the hospitality industry for generations to come.

For more information, please contact [email protected].