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Sarovar Hotels aims for 20 new properties by 2010
Makes debut into serviced apartments
Praveen K Singh - New Delhi
 Sarovar
Hotels has etched out aggressive expansion plans in the southern states and
aims to establish 20 new properties by the year 2010. The group is also foraying
into the serviced apartment sector with the launch of Park Inn Suites in Bangalore.
Informs Ajay Bakaya, its executive director, "As part of this plan, we
will launch four new hotels by the end of 2007. Hence, we will be operating
34 hotels with 3,250 rooms by this year-end. Currently, our main aim is to strengthen
our presence in cities and towns across India with our diverse brands."
The initial four properties to be launched by this year-end include Hometel
in Hyderabad (Ameerpet) this November, Hometel in Mumbai (Malad) this December,
Grand Sarovar Premiere in Mumbai (Goregaon West) this November, and Savannah
Sarovar Premiere in Bangalore (Whitefield). Bakaya added, "Apart from the
management route, Sarovar will also be investing in our own hotels too. The
first foray into ownership with Sarovar Portico in Indore is already operational."
List of upcoming hotels:
- Sarovar Premiere, Bangalore (opening October 2007)
- Sarovar Premiere, Gurgaon (opening September 2009)
- Sarovar Premiere, Mumbai (opening November 2007)
- Sarovar Portico, Siliguri (opening March 2009)
- Sarovar Portico, Indore (launched in April 2007)
- Sarovar Portico, Port Blair (opening April 2009)
- Hometel, Baddi, 2008
- Hometel, Sri Perambadur, Chennai (Owned) (due December
2008)
- Hometel, Chandigarh (Owned) (due December 2008)
- Hometel, Old Mahabalipuram Road (Owned) (due December
2008)
- Hometel, Mumbai (opening November 2007)
- Hometel, Ameerpet, Hyderabad (opening November 2007)
- Hometel, Hi Tech City, Hyderabad (opening 2009)
- Hometel, Chinchwad, Pune (opening June 2008)
- Park Plaza, Chennai (opening early 2009)
- Park Plaza, Bangaluru (opening April 2010)
- Park Inn, Ludhiana (opening early 2008)
- Park Inn Jaipur (by 2009)
- Park Inn, Gurgaon (opening December 2009)
- Park Plaza, New Delhi.
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