Dorchester Collection owner emerges as leading bidder for Sahara's hotels

The Sultan of Brunei has reportedly offered $2 billion to acquire three hotels currently owned by the Sahara Group and embattled head Subrata Roy. The three hotels are New York’s Plaza Hotel, London’s Grosvenor House and the Dream Hotel in lower Manhattan.

However, the Sultan and as extension the Dorchester Collection, has been under great scrutiny of late after harshe new anti-gay laws were enacted in Brunei, which reportedly include such measures as death by stoning for homosexuals and adulterers. These proclomations led to a series of boycotts of the Beverly Hills Hotel and Dorchester properties in Europe that have cost millions of dollars in lost revenue, Dorchester has said.

Additional reports say that Cyrus Poonawala, whose pharmaceutical company is among the world’s largest makers of pediatric vaccines, is also interested in Sahara's hotels, but only the Grosvenor.

Virtual Event

Hotel Optimization Part 3 | Available On Demand

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event, now available on demand, for expert panels focused on getting you back to profitability.


Meanwhile, Roy, who has been in jail for five months on charges of defaulting Rs. 20,000 crores owed to his depositors, has been ordered to pay Rs. 10,000 crore to get out on bail.

He told the Supreme Court the past week that he is close to finalising a deal with a foreign buyer, whom he didn’t name saying he couldn’t till the deal was done.