There's an interesting twist in the sell-off story of Sarovar Hotels that's been playing out for over a year now. Accordingly, taking a second chance at acquiring Sarovar Hotels & Resorts, Wyndham has made a better offer to the Sarovar promoters and the two are back on the discussion table again. Anil Madhok, managing director, Sarovar Hotels & Resorts, could not be reached for a comment. An email to both Madhok and Ajay Bakaya, executive director, Sarovar Hotels & Resorts remained unanswered at the time of going to print. Unfortunately, Sarovar lost two hotels – Optus Sarovar Premiere in Gurgaon and Optus Hometel in Bhiwadi – just recently wherein the asset owner i.e.

Source: dna November 21, 2016 02:08 UTC