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Sarovar Hotels & Resorts

Chinese Hotel Giant Jin Jiang Acquires Sarovar Hotels & Resorts

2017-01-19 by Rhett Butler

Sarovar Portico Jalandhar

Louvre Hotels Group, a wholly owned hospitality vertical of Jin Jiang International, and Sarovar Hotels & Resorts of India have made a joint announcement of a merger. No monetary details of the deals have been announced, but spokesmen of both the companies announced Louvre Hotels will have a commanding majority stake in Sarovar Hotels & Resorts.

Tags: Ajay Bakaya, Jin Jiang, Louvre Hotels, Pierre Frederic Roulot, Plateno Group, Sarovar Hotels & Resorts




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