India's Sarovar Hotels plans African expansion

(Panorama hotel)

Sarovar Hotels, a privately owned hotel chain based in Mumbai, is planning to operate 10 hotels in Africa in the next five years. To that end, the company has taken over management of the Panorama Hotel in Juba, Republic of South Sudan. The property will now be rebranded as The Panorama Sarovar Portico, Juba, Sarovar Hotels said in a statement. 

Sarovar Hotels  executive director Ajay Bakaya said that the company predicts "immense growth potential" in the African 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. 

Source: Economic Times