Sahara India Pariwar expansion into the hospitality business expects revenue boost

Sahara India Pariwar is a well known India based company which is found and managed by Subrata Roy Sahara. He is a great entrepreneur and known for it good deeds for Indian society. Sahara India Pariwar has various business interests that include Housing finance, mutual funds, Life insurance, infrastructure and housing, media & entertainment, consumer products, information technology, tourism, real estate, city development, financial services, hospitality and many more. Sahara India Pariwar made its foray into the hospitality business with the acquisition of the once home of Duke of Westminster Royal Bank of Scotland, Grosvenor House in London. This hotel is located at upscale locality of park lane in Mayfair in London. It is one of the great achievements of Sahara India Pariwar.

Sahara India Pariwar acquired that hotel for 479 million pounds. The hotel is beautifully spread over an area of 4000 sq. meters and includes 420 rooms, 74 suits, 27 meeting rooms. This hotel also includes Europe’s largest and renowned hotel banqueting space, the Great Room. There are eight banquet halls in the hotel that can accommodate around 4500 people at a time. Sahara India Pariwar plans to add a number of restaurants, spacious night club, swimming pool, a spa with parlor, business centre and other facilities to the hotel.

According to Subrata Roy Sahara, “It is a great achievement which will help us to enhance international exposure. He believes that this investment would turn out to be a gigantic investment as London is holding Olympics in 2012.” The acquisition of Grosvenor house in London is the biggest success for Sahara India Pariwar because that way it is able to create its foot - hold in the international luxury hospitality sector.

Sahara India Pariwar also owns Hotel Sahara Star in Mumbai. It is a 5 star deluxe hotel-cum tourist hub which is spread over an area of 7.42 acres adjacent to the Chhatrapati Shivaji International Airport. There are 210 guest rooms, 13 suites and 9 restaurants at this hotel. The best part of this hotel is that it includes world’s largest pillarless clear to sky dome of its kind. At this hotel you will notice hemisphere shaped glass elevators, marine aquarium, inward and outward facing rooms, lagoon area, glass roof rooms and great parking space. This hotel is sound proofed because of the close proximity to the airport. Moreover, Sahara India Pariwar plans to establish 24 such hotels in across the India.

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