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SAROVAR HOTELS GROWTH
Sarovar Hotels plans to double branded residences portfolioSarovar Hotels is poised to expand its footprint in the branded residences sector, intending to double its portfolio within a year. With 80...- It's destination India for weddings this seasonIndian hotels are experiencing a significant rise in wedding bookings this year. This growth is driven by a preference for domestic celebra...
- Sarovar Hotels targets revenues of Rs 2,300 crore this yearSarovar Hotels targets Rs 2,300 crore revenue this year, a 15% increase. The company is ahead of its goals, with February and March perform...
- India-EU trade pact will help boost tourism, demand for hotels, says Louvre Hotels CEOIndia and the European Union's free trade agreement is set to boost travel and hospitality demand. Louvre Hotels Group sees India as its fa...
- Sarovar Hotels bets big on highway properties; 80 projects in pipelineSarovar Hotels is expanding its focus to highway hotels and resorts near major cities, capitalizing on India's growing road network. With 8...
- Sarovar Hotels to breach the Rs 2,000 crore revenue mark next year: CEO Jatin KhannaSarovar Hotels experienced record growth in 2024, opening 26 hotels and signing 42 more. They aim to surpass Rs 2000 crore in revenue next ...
- Sarovar Hotels plans to expand to 150 hotels in over 90 destinations by 2025, says CEO Jatin KhannaFrom temple tourism to weddings, Sarovar Hotels says demand is robust for its 125 hotels spread across India.
- Sarovar Hotels to add 16 properties across India by 2019-endThe company currently manages 73 hotels in India and three overseas with around 6,000 rooms.
- Hotels across the board plan hike in room tariffsChains such as ITC, Accor Hotels and Sarovar said rates could go up between 8 and 10% this year.
- Louvre to set up 12 more hotels in India in 2 yearsIn India, Louvre Hotels operates and manages 27 properties across three brands—luxury brand Royal Tulip, four-star brand Golden Tulip, and ...
- Hotel industry expects big deals including distress sales in 2017According to JLL, most hotel transactions today are occurring at replacement, or a slight discount to replacement cost, keeping both the se...
- Sarovar Hotels eyeing 10 hotels in Africa, enters South SudanSarovar Hotels is planning to operate 10 hotels in Africa and has forayed into South Sudan by taking over management of Panorama hotel.
- Sarovar Hotels to launch 25 new properties"We will be launching 25 new hotel projects under our brands like Sarovar Premiere, Portico, Park Plaza across the country," Ajay K Bakaya ...
- Indian hotel companies eyeing for standalone properties in US, EuropeExperts say homegrown hotel cos are looking properties in US and Europe, which are up for grabs following losses they made during global sl...
- Sarovar bullish on domestic market, to add 30 propertiesHotel management company, Sarovar Hotels and Resorts is planning to add 30 properties to its network of managed hotels within the next few ...
- Sarovar Hotels eyes serviced apartment mktMumbai-based multi-brand hospitality chain Sarovar Hotels is looking at entering the serviced apartments market through the management cont...
- Net-savvy tourists take occupancy levels to new highsThanks to a regular flow of tourists and business travellers, hotels across the country are seeing an all-time high occupancy levels.
- Travel portals cash in on hotel boomThere has been a surge in hotel booking on travel portals in the past 12 months. About a year ago, 90% of the business for travel portals c...
- Sarovar Hotels to manage Plaza Hotel in ChennaiIn its efforts to gain larger footprint in the southern soil, multi-brand hotel Sarovar Hotels has inked an agreement with Ferdous Hotels t...
- Sarovar eyes top slot for HometelSarovar Hotels, which has a presence in the premium, mid-market and economy segments of the hotel sector, has mapped out major plans for it...
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