Tag Archives: Sarovar

Paytm acquires NightStay to launch domestic hotel booking service

Paytm has launched domestic hotel booking service and will be investing Rs 500 crore for scaling its operations and expanding the portfolio. The company has also acquired Nightstay, a luxury hotel-booking platform for an undisclosed amount. In the first phase of the launch, the company has partnered with over 5000 hotels across the budget, luxury and business segments. These include the Zuri, Sarovar, Treebo, Vresorts, Sterling, Ginger and Bloomrooms across top cities. With the acquisition, Paytm will leverage Nightstay’s acumen to further expand its portfolio in this vertical. Nasr Khan, founder, NightStay will be leading this category at Paytm and will be responsible for the overall growth and development as well. Paytm Travel, which had started in 2014, sells over 60 million tickets a year, and has become the leading player for IRCTC tickets, bus tickets, and flight bookings. Earlier this year, Paytm Travel also started offering foreign exchange bookings for international travellers. “The momentum we’re building in our travel vertical is remarkable, with leading positions in rail, bus and flight bookings. The launch of domestic hotel bookings is an important step forward as it will help travellers around the country conveniently plan and book their perfect trip on Paytm. We want to offer the broadest travel selection on our platform, and look forward to continuing our expansion with the help of our trusted travel partners,” Madhur Deora, Chief Financial Officer, Paytm said. Paytm aims at having two million hotels and alternate accommodations globally, with the availability of 50 million rooms within the first 18 months.

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Sarovar’s Jammu property to be operational by mid 2019

Sarovar Hotels and Resorts has signed Viraj Sarovar Portico, Jammu, the brand’s second hotel in Jammu & Kashmir after RK Sarovar Portico, Srinagar. Set to be operational in mid-2019, the property will offer 45 designed rooms with contemporary amenities and extensive banquet facilities for up to 5000 guests. The property is located in the epicentre of corporate, educational and industrial areas of Bari Brahmana. In close proximity to Jammu Airport and railway station, the hotel is designed with keeping modern travellers in mind. The facilities include car parking for more than 300 cars, gymnasium, spa, bar and an outdoor swimming pool. Commenting on the development, Anil Madhok, Executive Chairman, Sarovar Hotels & Resorts, said, “This announcement is aligned with our strategy of expanding and driving growth across all emerging destinations. Jammu is the nearest airport for connecting to Vaishno Devi, one of the most revered pilgrimage destinations in North India and we are delighted to serve the needs of the travellers, with a hotel offering best-in-class facilities and services in Jammu.”

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Sarovar to come up with 15 new hotels in 2019

Keeping its growth plans in mind for 2019 in the Indian as well as overseas market, Sarovar Hotels and Resorts will launch 15 new properties next year. Ajay Bakaya, Managing Director, Sarovar Hotels and Resorts, says, “Sarovar will be launching close to 15 properties in 2019. Some of the locations chosen for the openings are – Gorakhpur, Katra, Dehradun, Dahisar, Jammu, Palolem Goa, Morbi, Dalhousie, Jalandhar etc. Also, 2018 overall was a good year. We predicted 5 per cent increase and did better than that. We opened sebven hotels in 2018 across the country and overseas. We hope 2019 to be on the same lines, but slightly better.” The international locations where the hotels will be launched include Dar Es Salaam and Auxum, Ethiopia.

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Sarovar signs a 48-key hotel in Chattarpur, New Delhi

Sarovar Hotels has recently signed an agreement for a new hotel, KST Sarovar Portico, a 48 keys hotel located in Chattarpur. Ideally located in the major wedding hub of the city, KST Sarovar Portico features 45 rooms and 3 suites. Each room is well-appointed with modern amenities and elegant furnishings. Ensuring guests a seamless service and memorable occasion, the hotel offers remarkable and personalised service starting from 24 hours concierge and personal assistant service to a round the clock in room dining service offering traditional Indian and Mediterranean cuisine. KST Sarovar Portico is ideally located at convenient distance to main shopping & entertainment centers, religious spots as well as accessible to corporate hubs in South Delhi and Gurgaon. Nido, the bar and lounge facility, takes guests on an incredible gastronomic journey with its innovative food offerings.

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