New Delhi, March 5 -- Gurugram-based Encalm Hospitality is moving to "future-proof" its balance sheet.

Faced with a structural shift where airport operators are increasingly launching their own rival lounges, the firm is moving towards a diversified portfolio of hotels, in-flight catering, and international contracts.

"Any privatized airport they have themselves started having its own hospitality branch. It is a big threat," said Vikas Sharma, group chief executive, Encalm Hospitality to Mint. "(The) idea is to diversify and create equal revenue-producing verticals for us."

Airports operated by Adani Airports Holdings Ltd have integrated lounge operations within group entities, while Kempegowda International Airport Bengaluru runs its ...