Sahara India Pariwar, the multi business conglomerate of India, has announced the acquisition of one of London’s most famous luxury hotels, Grosvenor House. Located on Park Lane, Mayfair, the historic hotel boasts 420 rooms, 74 suites, 27 meeting rooms providing 4,000 square meters of space and a banqueting hall. Sahara India Pariwar claimed in a press statement that the acquisition of Grosvenor House presents a unique opportunity for the company to establish its foot-hold in the international luxury hotel market after having successfully proved its expertise in hospitality sector in India through Hotel Sahara Star and its luxurious 10,600 acres Aamby Valley City. Subrata Roy Sahara, Managing Worker & Chairman of Sahara Group, said; “This acquisition is a part of the major expansion plans of the group. In addition to the acquisition of Grosvenor House, London will be the gateway for Sahara to introduce some of its new business ventures, internationally.”
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