Sarovar Hotels & Resorts
 | |
| Company type | Private |
|---|---|
| Industry | Hospitality industry |
| Founded | 1994 |
| Founder | Anil Madhok & Ajay Bakaya |
| Headquarters | Mumbai, India |
Area served | Worldwide |
| Products | Sarovar Premiere Sarovar Portico Hometel |
| Revenue | Rs. 300 crore (2007) |
| Website | www.sarovarhotels.com |
Sarovar Hotels & Resorts are a chain of resorts and hotels throughout India.[1] The chain is owned by Groupe du Louvre which was bought by the Shanghai Municipal People's Government-owned Jinjiang International in 2015.[2]
History
[edit]The hotel chain was founded in 1994 by Anil Madhok, who previously had a career in managing the luxury hotel brand Oberoi Hotels. Sarovar was founded to fill the void of mid-market hotel companies from India.[3]
Brands
[edit]- Sarovar Premiere and Park Plaza – upscale (5 star) segment
- Sarovar Portico and Park Inn – mid-market (3–4 star) segment
- Hometel – 3 star to budget.
- Golden tulip
Future
[edit]Sarovar Hotels announced plans to set up 12 new budget hotels including one in Africa in the country of Kenya.[4]
References
[edit]- ^ "Sarovar Hotels opens Taurus Sarovar Portico in New Delhi". Hospitality Biz India. 5 February 2018. Retrieved 9 February 2018.
- ^ Group, Starwood Capital. "Starwood Capital Group completes the sale of Groupe du Louvre and Louvre Hotels Group to Shanghai Jin Jiang International Hotels Development Co., Ltd". www.prnewswire.com. Retrieved 11 June 2018.
{{cite web}}:|last=has generic name (help) - ^ "Indian hotel industry remembers Anil Madhok, the pioneer of mid-market hotel". economic times hospitality world.
- ^ "Opening Soon | Sarovar Hotels Best leisure Hotels in Mumbai". www.sarovarhotels.com.