Hotel management firm Sarovar Hotels is planning to operate 10 hotels in Africa in the next five years and has forayed into South Sudan by taking over management of Panorama hotel as part of its expansion plans.
The company has taken over management of the Panorama hotel in the capital city of the Republic of South Sudan which will now be re-branded as The Panorama Sarovar Portico, Juba, Sarovar Hotels said in a statement.
Sarovar Hotels Pvt ED Ajay K Bakaya said: “This is a major step in our growth and expansion strategy and we are looking to operate 10 hotels in Africa in the next five years.”
The company sees immense growth potential in this market with high demand and good occupancies in most hotels.
The group currently manages Heron Portico and Zehneria Portico in Nairobi in Kenya and the New Africa Hotel in Dar-Es-Salaam in Tanzania.
It plans to take the number of hotels in its portfolio to a total of 10, from the current 4 in the next five years.
Sarovar Hotels Pvt currently operates over 75 hotels in India and abroad with a total 6,000 rooms under various brands.