Sinclairs Hotels Limited has acquired majority ownership in Savannah Hotels Private Limited which owns Savannah Sarovar Premiere, an upscale business hotel in Whitefield, Bengaluru. The 104 room hotel has two restaurants, conference and banqueting facilities, a roof top swimming pool and a fully equipped health club.
Subsequent to the acquisition of majority stake in the company, two new directors representing Sinclairs and three independent directors have been inducted into the board of Savannah Hotels Pvt. Ltd.
The acquisition is in line with Sinclairs' strategy to grow through strategic acquisitions as well as greenfield projects. Also, buying this city property will considerably enrich the company's topline. Sinclairs presently owns and operates five properties in Siliguri, Darjeeling, Dooars, Port Blair and Ooty. It is also developing 3 hotels which include a 46 room luxury resort in Kalimpong, a club and banquet complex with a 20 room hotel in Burdwan and a 106 room premier business hotel in Rajarhat, Kolkata.
The Bengaluru hotel is a strategic fit with the existing Sinclairs resort property at Ooty, which has undergone a full scale renovation, refurbishment and modernization over the last 12 months and reopens shortly to welcome guests.
On completion of the Bengaluru acquisition and the current development projects, Sinclairs' total room inventory will increase to over 600 rooms. The company remains focused on providing domestic and international leisure and business travelers a product that is comfortable and reliable.