Tag Archives: Anil Madhok

Sarovar to open two hotels in Katra, J&K

Adding another pilgrimage destination to its portfolio, Sarovar Hotels has signed two hotels in Katra, Jammu & Kashmir, namely, The Vaishnodevi Sarovar Portico and Shri Vaishnodevi Sarovar Portico. Both the hotels complement Sarovar’s existing hotel RK Sarovar Portico, Srinagar. Sarovar is already present in the pilgrimage destinations of Badrinath, Amritsar, Haridwar, Vrindavan and Tirupati. Designed as per the brand characteristics of a Sarovar Portico hotel, The Vaishnodevi Sarovar Portico offers a stunning view of the holy Trikuta Mountains while Shri Vaishnodevi Sarovar Portico enjoy excellent access to all key tourist attractions and is strategically located close to the railway station. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels, says, “We are delighted to be signing a deal in yet another pilgrim destination. With Jammu and Kashmir emerging as one of our key markets, we look forward to further growth and increased traffic contribution from our hotels here. We will continue to focus on our expansion and also strengthen our position as we look to spread farther across North India.”

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Sarovar Hotels & Resorts expands in Mumbai; signs new hotel in Dahisar

Sarovar Hotels announces the signing of a new hotel deal in Dahisar, a 112 suites Royal Hometel Suites. Owned by Lion Pencils, Royal Hometel Suites is expected to open in 2018. With a key location, the hotel under development will offer all facilities of an international standard hotel. Allowing guests a comfortable stay and pleasant experience, Royal Hometel Suites will feature All Day Dining, Bar, Banquet Halls, Conference & Meeting Facilities, Swimming Pool, and Gymnasium. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels & Resorts, said, “We are delighted to sign yet another hotel in Mumbai which is one of our most significant markets. We are already present in Mumbai with all of our three brands Sarovar Premiere, Sarovar Portico and Hometel. With this new addition, we look forward to further growth in this city.  It is an important location for us and a significant addition to our portfolio.”

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Sarovar sells majority stakes to Louvre Hotels

Sarovar Hotels has sold majority of its stakes to Louvre Hotels, the second largest hotel group in Europe. The acquisition deal was formally announced in New Delhi by Ajay K. Bakaya, Executive Director, Sarovar Hotels, in the presence of Anil Madhok, Executive Chairman, Sarovar Hotels; Pierre-Frederic Roulot, CEO, Louvre Hotels Group and Saurabh Chawla, Head of Group Development, Louvre Hotels Group. According to Bakaya, there will not be any change in the management of Sarovar Hotels after the acquisition and they will continue to run the hotels the way they used to. He added that the new development would only help the company to expand its reach.

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Sarovar’s ‘Kalyan Hometel’ opens in Chennai

Sarovar Hotels & Resorts has opened a brand new property ‘Kalyan Hometel’ in Vandalur-Chennai. A contemporary business hotel, with 108 rooms and suites, was formally launched by Anil Madhok, Managing Director, Sarovar Hotels & Resorts. The room rates start at Rs 3,450++. Speaking on the occasion, Madhok said, “The existing demand-supply gap in this industrial town offers huge opportunity for hospitality brands. This allows us great prospect for our brand Hometel which is designed to provide unmatched facilities at value for money price. We are happy to associate with the Kalyan Grand Stay Pvt. Ltd. who is taking initiative to invest and promote this destination which has great potential. Hotels in Tier II and III cities are seeing major hospitality developments and will continue to be some of the most attractive locations for our future investments. Some of our new openings this year include Sarovar Portico hotels in Dehradun, Bhavnagar, Bengaluru and Raipur and we will be soon reaching out to newer destinations like Amritsar and Greater Noida.” K. Saravana Prakash, Managing Director, Kalyan Grand Stay Pvt. Ltd., said, “Facilities at the hotel include an all-day dining with bar and a fitness centre compliment the overall guests experience. Banquet & conference spaces along with business centre make it a perfect venue to host trainings, workshops, product launches, exhibitions, weddings and other social events. We are glad to partner with Sarovar Hotels & Resorts and we look forward to providing a memorable stay to business travellers to Vandalur”.

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