Tag Archives: Budget Hotel

Sarovar Hotels And Resorts Plans To Add 33 Hotels

September 9, 2008 – 3:18 am

Sarovar Hotels & Resorts plans to add nearly one lakh rooms by 2012.
It plans to add 33 hotels to the existing 35 in the next four years. “We are a multi-brand hotel management company and given the growth potential in the mid-market hotel segment, our group will continue to focus on it,” said Ajay K. [...]

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Shriram Properties To Develop 15 Shopping Malls And 70-80 Budget Hotels

August 29, 2008 – 2:17 am

Shriram Properties, the real estate arm of Rs 25,000 crore Shriram Group, would launch two separate subsidiaries to promote projects in retail and hospitality segments, a top official of the company said.
M Murali, managing director of Shriram Properties, said the company would develop 15 shopping malls and 70-80 budget hotels in the next 3-4 years [...]

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