Tag Archives: Executive Chairman

Shravanthi Sarovar Portico in Bengaluru to open doors in 2019

Further expanding its presence in South India, Sarovar Hotels has announced the signing of Shravanthi Sarovar Portico in Bengaluru. The mid-scale hotel, located in JP Nagar, offers 80 newly renovated guest rooms, an all-day dining restaurant, club bar, fitness centre and conferencing facilities. The newly redecorated lobby is spacious and comprises a coffee lounge, just the perfect setting for relaxation or business networking. The total inventory of Sarovar in the city will cross 700 rooms and this will be Sarovar’s sixth hotel after La Marvella Sarovar Premiere, Davanam Sarovar Portico Suites, RBD Sarovar Portico, Radha Hometel and Radisson Blu. Shravanthi Sarovar Portico is special by way of decorative themes that run through each of the four floors of the property. From Scandinavian to Spanish country to Manhattan to the Royal highness, the hotel’s theme floors and rooms leave the traveller with a signature experience akin to none. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels says, “After covering the IT and commercial hubs of Koramangala, ORR, Whitefield and Jayanagar, we are delighted to sign our next hotel in the heart of JP Nagar. The Shravanthi Sarovar Portico is centrally located and will appeal to the business as well as leisure traveller.”

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The Gaurs Sarovar Portico Greater Noida West to open doors in mid-2019

Sarovar Hotels & Resorts expands its portfolio in the Delhi-NCR region with the signing of The Gaurs Sarovar Portico Greater Noida West owned and developed by Gaursons, one of the most eminent real estate brands in North India. The hotel is part of an 18-acre Sports Club and adjoins a sports stadium, giving it a unique locational advantage. Upon completion in mid-2019, The Gaurs Sarovar Portico will offer its guests 72 rooms with all upscale amenities, a specialty restaurant and bar, and a banquet hall and party lawns with a capacity of over 10,000 people. For the wellness enthusiast, the project has a spa, indoor activity area and access to an international fitness centre. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels & Resorts, said “We are extremely happy to extend our presence further into Delhi NCR. The opening of Sarovar Portico in Greater Noida West seeks to complement the demand for quality accommodation, keeping up with the increasing number of families calling Greater Noida their home. The hotel’s outstanding banquet and conferencing facilities will surely appeal to the corporates in the vicinity.”

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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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Oberoi to manage luxury resort in Maldives

The Oberoi Group and Subramanya Construction & Development Company Limited (SCDCL) have signed a Memorandum of Understanding (MoU) with the Government of Maldives to build a luxury resort on the island. The MoU was signed in the presence of Moosa Zameer, the Honourable Minister of Tourism, Government of Maldives. The investment for acquisition and development of the resort will be undertaken by SCDCL, a Bangalore based Real Estate Development Company. P.R.S. Oberoi, Executive Chairman, The Oberoi Group, said, “We are extremely pleased to partner and assist SCDCL in the design and management of the proposed luxury resort. We look forward to bringing the Oberoi hospitality to Maldives. The resort will reflect the legendary Oberoi service delivered by an attentive and caring team, making it the preferred choice for luxury travellers.” K.N. Balasubramanyam, Chairman and MD, SCDCL said, “A luxury resort in Maldives requires expertise in design and operations of world class standards. The Oberoi Group, which is rated as the best luxury hotel brand in the world, is well suited for this development. We look forward to working with The Oberoi Group to create more of such luxurious offerings globally and would like to say that this extraordinary project will make a major contribution to our long term partnership”.

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Oberoi Group launches 2nd luxury cruiser

The Oberoi Group has announced that The Oberoi Philae, Luxury Nile Cruiser, Egypt will sail between Aswan and Luxor, offering a four and six night itinerary. The Group already operates another luxury cruiser, The Oberoi Zahra, and will be increasing its presence on the Nile with The Oberoi Philae. P.R.S. Oberoi, Executive Chairman, The Oberoi Group, said, “We are pleased to present The Oberoi Philae, Luxury Nile Cruiser which offers the highest standards of luxury and hospitality. The Oberoi Group has been consistently recognised as amongst the best in the world, and I am confident that The Oberoi Philae, Luxury Nile Cruiser will continue this tradition and offer travellers an unparalleled experience on the Nile.”

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