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Sarovar Hotels set to achieve milestone of 100 hotels by 2021

Sarovar Hotels and Resorts which started its journey 25 years ago, is on the verge of completing 100 hotels by 2021. With about 30 properties under development, the group aimed to achieve the target by the end of 2020. However, the disruption caused by the COVID-19 outbreak has pushed the milestone to 2021.

Sarovar Hotels operates in various segments, i’e, budget, mid-budget and luxury.Average Room Revenue  in every segment is equally hit where 20% to 40% of ARR is bleeding. Sarovar Hotels is also focusing on the international market. The hospitality major had strategically expanded into Africa.

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hospitality.economictimes.indiatimes.com/news/hotels/sarovar-hotels-set-to-achieve-milestone-of-100-hotels-by-2021/76788910