MUMBAI Sarovar Hotels and Resorts plans to add between 20 and 30 properties in India to its network of managed hotels within the next two years.
“We are bullish about the domestic market, and hope to have a 75-property network of hotels by 2012-13,” Sarovar Managing Director Anil Madhok tells The Economic Times.
Sarovar has 54 properties in its portfolio, including two owned properties, with another 30 projects in the pipeline. The company manages hotels and resorts under the Premiere, Portico and Hometel brands, and it also franchises hotels under Carlson’s Park Plaza and Park Inn brands.