New Delhi, March 4 -- As India's hospitality industry enters a high-growth phase, Sarovar Hotels & Resorts is charting its next expansion with premium business hubs, leisure destinations, and the rapidly growing spiritual tourism segment.

The company, which operates 136 hotels across India, including 75 under its flagship Sarovar Portico brand, plans to add 16-20 more properties this year.

A subsidiary of Paris-based Groupe Du Louvre, Sarovar is also eyeing international expansion while ensuring its profitable streak-even through the pandemic-remains intact.

The company has been growing at around 15% CAGR since before the pandemic and, in 2024, its hotels and corporate hospitality services collectively grossed Rs.3,000 crore.

"There a...