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Newstrack
Sarovar ties up with Vipul Hospitality for five hotels
On the lookout for more properties
EH Staff - New Delhi
Leading hospitality management company, Sarovar Hotels and Resorts has signed
an MOU with Vipul Hospitality, (a part of Vipul Infrastructure Group), to open
five new hotels in India, namely, Sarovar Premieres in Amritsar, Bhubneshwar
and Raipur, Sarovar Portico in Mohali and Park Inn in Siliguri. Each hotel will
have between 100 -150 rooms with appropriate F&B outlets, banquet and conferencing
facilities. Punit Beriwala, managing director of Vipul Hospitality said, "We
are desirous of setting up independent, standalone hotels and resorts as a part
of our retail and commercial developments in various cities in India."
With its necessary expertise and the scale at which it operates, Sarovar Hotels
is an ideal choice, he added. Ajay K Bakaya, executive director, Sarovar Hotels
and Resorts remarked, "With Vipul Infrastructure's expertise in high-class
reality development, we consider this association as a befitting match that
would complement the technical know-how, finesse, and professionalism synonymous
with Sarovar Hotels." As part of the understanding, Sarovar Hotels will
provide technical assistance from start to finish for all these projects, besides
managing and marketing the hotel operations.
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