Business Standard

Sagar Ratna to foray into hotel industry

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BS Reporter New Delhi

Sagar Ratna, a well known brand of restaurant chain in North India is going to foray into hotel industry by opening its first three-star hotel in Mangalore next month.

Having 24 outlets of its own and 27 on franchise, the restaurant chain has planned to open eight more franchise outlets in the current financial year in states including Rajasthan and Punjab, executive officer of the company Joy Joseph told reporters here on the launch of a new franchise outlet in Jalandhar.

Construction of the hotel was already completed and next month it would be inaugurated in Mangalore, Joseph said revealing that there would be 84 rooms in the hotel.

 

Regarding overseas expansion of the company, he revealed that the company has already opened its outlets in Singapore, Canada, UK and next month an outlet would be opened in Bangkok followed by another one in United States.

Initially the company was strict to serve only South Indian food, but now on the demand of customers, variety of food including North India and Chinese have also been added in the menu.

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First Published: Feb 25 2010 | 12:11 AM IST

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