Hotline: 1800 102 2007
Search Business Opportunities
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 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.

Related opportunities
  • Plumbing, Sanitary Ware and Bathroom Fittings
    About Us: JAAZ Corporation Pvt. Ltd. started in 2009 as..
    Locations looking for expansion Gujarat
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Vadodara Gujarat
  • Pharmacies
    About Us: |Reliable, Experienced, Trusted pharma product provider| The most trusted name..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • About Us: Rupenet offers you fast, easy and secure ways to..
    Locations looking for expansion Tamil nadu
    Establishment year 2011
    Franchising Launch Date 2018
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Tambaram Tamil nadu
  • Video Game Centres
    About Us: VRUnreal was established in 2017, offering the first-fully equipped..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities