Mumbai-based Sarovar Hotels & Resorts Limited has drawn up a plan to set up Sarovar Premiere- a five-star hotel in Bhubaneswar involving an investment of about Rs 67 crore which excludes the cost of land. The construction work on the proposed hotel is expected to begin within two months and the hotel is scheduled to be operational by 2012.
Sarovar Premiere, a hotel consisting of 150 rooms is coming up on the Nayapalli area in the city on the Kolkata-Chennai national highway and it will offer all modern services and facilities to the guests.
Commenting on the five-star property in the city, Anil Madhok, managing director, Sarovar Hotels & Resorts said, “With the demand for quality accommodation for both business and leisure travelers increasing in Bhubaneswar, we are pleased to offer unmatched services and quality accommodation in the city, which till now had very little to offer in terms of superior lodging.”
Sarovar Premiere would cater to both corporate and leisure travelers by offering five-star services and facilities, multiple dining options, extensive meeting and banquet areas as well as a health club and spa.
Sarovar Premiere in Bhubaneswar would be the fourth hotel property of Sarovar Hotels & Resorts in the eastern region after Peerless Inn in Kolkata, The Royal Plaza in Gangtok and Peerless Sarovar Portico in Durgapur (West Bengal). The hotel chain is also planning to set up new hotels in other locations of eastern India like Siliguri, Guwahati and Tezpur (Assam).
Sarovar Hotels and Resorts manages and franchises 35 hotels and resorts across 29 cities in India and abroad under different brands like Sarovar Premiere, Sarovar Portico, Hometel, Park Plaza and Park Inn.
Sarovar Hotels also provides corporate hospitality services to reputed management institutes like Indian School of Business, Hyderabad and Indian Institute of Management, Ahmedabad.