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The hotel chain was founded in 1994 by Anil Madhok, who previously had a career in managing the luxury hotel brand Oberoi Hotels. Sarovar was founded to fill the void of mid-market hotel companies from India. [3]
Lemon Tree Hotels was founded in 2002 by Patu Keswani. [4] It opened its first hotel with 49 rooms in May 2004. [5] In 2019, the company acquired Berggruen Hotels Private Limited for an enterprise value of ₹ 605 crores. At the time of acquisition, Berggruen Hotels owned 936 rooms and managed 975 rooms under the "Keys" brand in 21 cities ...
In March 2013, Ginger Hotels opened its 27th location. [3] In 2014, the group announced its plan to double the number of its locations to reach 50 hotels. [ 2 ] In 2018, IHCL announced its plan to double the number of Ginger Hotels to reach 100 hotels, and rolled out a new branding across its existing locations. [ 4 ]
In May 2017, IHCL announced it was moving all of its hotels under a unique brand, Taj Hotels Palaces Resorts Safaris. The brands Vivanta by Taj and Gateway were merged into a single business unit. [ 22 ] [ 23 ] During the summer of 2017, Cyrus Mistry stated that some of the group's latest costly acquisitions (Sea Rock Hotel, The Pierre in New ...
The Yeshwant Club, Indore, established in 1934. The Yeshwant Club (द यशवंत क्लब) in Indore, Madhya Pradesh, India, came into existence in 1934 at the behest of Maharaja Sir Tukoji Rao III Holkar of Indore. The club was established out of affection for his son, Yuvraj Yeshwant Rao Holkar.
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