Paresh Patel
Managing Partner
Co-founder of Kriya Management Group in 2004. Paresh leads acquisitions and brand relationships, and has been in and around hotels since he was a teenager.
A 45-year-old family business
in hospitality.
We didn't start in a boardroom. We started behind the front desk of a 17-room motel in Tonkawa, Oklahoma — and we've been learning the business in person ever since.
The origin
1981, Tonkawa, Oklahoma.
In 1981, the family bought a 17-room motel off a quiet stretch of highway in Tonkawa, Oklahoma. There was no operating partner. No management company. No buffer between the people who owned the building and the people who cleaned the rooms — because, most days, those were the same people.
For the first decade, the work was almost entirely physical. Painting. Plumbing. Bedmaking. Bookkeeping in a paper ledger. The family lived close to the property — in some seasons, in the property — and the children grew up understanding what a hospitality business actually is: a building, a schedule, and a hundred small promises kept to a stranger.
That apprenticeship is the thing we still draw on. Every hotel we own today was underwritten by someone who, at some point, has changed sheets. We think that shows up in the buildings.
Forty-five years
The slow compounding of a family business.
No single jump. No leveraged sprint. Just one decision, then another, made by the same people, over a long time.
- 1981
A 17-room motel in Tonkawa, Oklahoma.
Nitinkumar and Urmilaben Patel buy a small roadside motel off a quiet Oklahoma highway. One front desk, and a long apprenticeship in the business of hospitality.
- 2004
Kriya Management Group is formed.
After two decades of operating, the next generation formalizes the family business. The name — Kriya — is Sanskrit for action, the work itself.
- 2005–06
First Texas hotel — then several more.
The family relocates the center of gravity to Dallas–Fort Worth. Multiple acquisitions follow in quick succession as the team learns the Texas market firsthand.
- Mid-2000s
First ground-up construction.
The first new-build motel: a true family effort. Every hire, every spec, every walkthrough done in person — a template we still use on every project today.
- 2007
Largest acquisition to date.
The Wingate by Wyndham — the biggest single purchase in family history at the time. Stretched everyone, and shaped how the team approaches deals to this day.
- Late 2000s
Into ground-up development.
What started as renovations and acquisitions becomes a development practice. Dirt-to-doors becomes part of the operating DNA.
- 2013
First Hilton flag: Hampton Inn & Suites Trophy Club.
An expanded brand relationship and a step into one of hospitality’s most disciplined operating cultures — and the start of a long run with Hilton.
- 2015–17
Three Home2 Suites by Hilton.
An extended-stay product, three times over. A bet on a brand and a guest type that has only grown more relevant.
- 2017
A new hotel opens in Plano.
The Plano property opens under the La Quinta flag — the building that becomes Four Points by Sheraton five years later.
- 2021
Aloft Trophy Club Westlake opens.
Unique by design — the family’s most stylistically ambitious property to date. Built for a guest who notices the details.
- 2022
Plano converts to Four Points by Sheraton.
A brand conversion that repositioned the hotel for the Legacy West and Frisco corporate corridor, and took the family deeper into the Marriott system.
- 2025
Homewood Suites Northlake breaks ground.
The seventh hotel begins construction. A second extended-stay Hilton in the portfolio — and the next chapter, already underway.
Leadership
The people on the building.
Three managing partners. A controller. A VP of Operations. Regional GMs in the field. Everyone here knows the names of our overnight audit team.
Nina Chudasama
Managing Partner
Co-founder. Nina leads the operating side of the business and is the primary architect of Kriya’s guest experience standards across the portfolio.
Raj Chudasama
Managing Partner
Leads finance and technology across the platform. Raj came to the family business from technology, managing IT projects for Fortune 500 clients at Computer Sciences Corporation, and built Kriya’s underwriting and asset-management discipline.
Krystal Patel
Controller
Runs accounting and financial reporting across all entities. Formerly at EY, where she led audit engagements for hospitality and real estate clients.
Frank Tenadu
VP of Operations
Oversees day-to-day operations across the portfolio. Frank came up through the brands — front desk to GM to multi-property leadership — and trains every new general manager Kriya hires.
What we believe
Four ideas. Forty-five years of practice.
- I.
Family.
Every decision is made by people whose names are on the building. We sign the loans. We sit in the lobby. We answer the phone.
- II.
Craft.
Hospitality is a craft, not a product. We notice details most guests never will — and we’d rather get it right than get it fast.
- III.
Longevity.
We don’t flip hotels. We hold them. The buildings we bought twenty years ago, we still operate. Most of our team has been with us almost as long.
- IV.
Stewardship.
We're custodians — of the brands we carry, the capital we deploy, the people we hire, and the next generation of the family. The work outlasts us.
Next steps
Want to build something with us?
Whether you own a hotel, manage capital, or are looking for your next role in hospitality — we'd like to hear from you.