Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 12 2019

Sarovar Hotels plans expansion in Africa & West Asia

The hotel chain is planning to open 10 properties this year in India.

Sarovar Hotels plans expansion in Africa & West Asia

Sarovar Hotels and Resorts, the world's fifth largest hotel chain, is eyeing global expansion under its own brands across locations in Africa and West Asia.

The current international presence of Sarovar, majority-owned by Louvre Hotels Group, is restricted to Nairobi (Kenya) with two hotels, namely The Heron Portico and The Zeheneria Portico, and Zambia with The Neelkanth Sarovar Premiere.

Ajay Bakaya, Managing Director, Sarovar Hotels and Resorts, said, "We are looking at Africa more aggressively and would like to be in the Middle East at some stage. It (Middle East) is a natural bridge between India and Africa. International expansion will be through Sarovar’s home-grown brands only."

The hotel chain is planning to open 10 properties this year in India. They will be coming up mostly in non-metros like Gorakhpur (Uttar Pradesh), Junagadh and Morbi (Gujarat), Goa, Jammu, Dalhousie (Himachal Pradesh) and Bodh Gaya (Bihar).

"We see the market with guarded optimism. The fundamentals of India are strong; but for the rest of the world, (fundamentals) are a little worrisome. But considering the local market, and Sarovar being largely in the mid-sized space, we see a very good year ahead (2019)," Bakaya added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Bicycle
    The story of BLive started in early 2018 when two..
    Locations looking for expansion Goa
    Establishment year 2021
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Tiswaddi Goa
  • Tea And Coffee Chain
    About Us: CHAI NAGRI" is a one-stop destination for freshly brewed..
    Locations looking for expansion Chandigarh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chandigarh Chandigarh
  • Courier & Delivery
    HERBAL ORIGIN (Founder Name Mrs. RAGINI GUPTA):- HERBAL ORIGIN is..
    Locations looking for expansion Madhya pradesh
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10000 - 50000
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
  • Ice Creams & Yogurt Parlors
    Emoi is a beloved brand of artisanal ice cream –..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities