Sarovar Hotels & Resorts, a major hotel management company in the country, is planning to open 29 new hotels at select locations across the country by 2012.
“As part of our expansion plans, we are planning 29 hotels at select locations across the country by the year 2012. Out of 29 hotels, 27 hotels will be on franchise basis, which will be developed by different owners and manged by Sarovar Hotels & Resorts. The rest of the two hotels will be built by the company itself,” Anil Madhok, Managing Director, Sarovar Hotels & Resorts, told Business Standard.
The company plans to open 20 hotels in in the current calendar year 2010.
