“We have a very strong pipeline of hotels. New constructions are important because they help us build the reputation of the brand, and there is a focus on quality over quantity, and we will be moving away from being known primarily as a “conversion” hotel brand here,” Cuculic said. The company, which has 32 hotels … Read more
The company, which operates 136 hotels across India, including 75 under its flagship Sarovar Portico brand, plans to add 16-20 more properties this year. A subsidiary of Paris-based Groupe Du Louvre, Sarovar is also eyeing international expansion while ensuring its profitable streak—even through the pandemic—remains intact. The company has been growing at around 15% CAGR … Read more
2025-01-27 15:22:00 : NEW DELHI: The hotel industry is banking on reforms in the Union Budget 2025-26 to reduce accommodation and F&B costs to make travel more affordable for consumers. KB Kachru, president and chairman emeritus of the Indian Hotels Association and chief advisor to Radisson Hotel Group, said that apart from tax incentives, the … Read more