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Sarovar Hotels & Resorts

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Sarovar Hotels & Resorts
Company typePrivate
IndustryHospitality industry
Founded1994
FounderAnil Madhok & Ajay Bakaya
HeadquartersMumbai, India
Area served
Worldwide
ProductsSarovar Premiere
Sarovar Portico
Hometel
RevenueRs. 300 crore (2007)
Websitewww.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

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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

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Future

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Sarovar Hotels announced plans to set up 12 new budget hotels including one in Africa in the country of Kenya.[4]

References

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  1. ^ "Sarovar Hotels opens Taurus Sarovar Portico in New Delhi". Hospitality Biz India. 5 February 2018. Retrieved 9 February 2018.
  2. ^ 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)
  3. ^ "Indian hotel industry remembers Anil Madhok, the pioneer of mid-market hotel". economic times hospitality world.
  4. ^ "Opening Soon | Sarovar Hotels Best leisure Hotels in Mumbai". www.sarovarhotels.com.