Ankur Chandra Returns to Lead Development Strategy
Sarovar Hotels appoints Ankur Chandra as Senior Director – Development, leveraging over 23 years of experience to drive expansion and new hotel signings.
Sarovar Hotels has fortified its leadership team with the strategic appointment of Ankur Chandra as Senior Director – Development. With a career spanning over 23 years, Chandra’s return marks a significant step in Sarovar's aggressive expansion roadmap
Returns to Lead Development Strategy
In his new role, Ankur Chandra will head the development function at Sarovar Hotels, focusing on strengthening the brand’s presence across domestic and international markets. His responsibilities include identifying growth opportunities, securing new hotel projects, and supporting the company’s long-term expansion roadmap.
The role positions him at the centre of Sarovar’s development pipeline, where he will work on expanding the company’s footprint across both emerging and established hospitality destinations.
Focus on Expansion and New Signings
Chandra will be responsible for driving new hotel signings and accelerating the group’s development efforts. His mandate includes building strategic partnerships, evaluating market opportunities, and ensuring that expansion aligns with the company’s business objectives.
The development function plays a critical role in scaling hotel portfolios, particularly in competitive markets where brand presence and location strategy influence long-term performance.
Professional Background and Experience
Prior to rejoining Sarovar Hotels, Chandra was associated with Indian Hotels Company Limited (IHCL) as Corporate Director – Real Estate & Development. In this role, he led strategic growth initiatives. He also contributed significantly to portfolio expansion across multiple markets.
His career spans over two decades, covering both operational and development roles within the hospitality industry. This combined experience provides him with a comprehensive understanding of hotel lifecycle management, from project planning to execution and growth.
Leadership Perspective
Commenting on the appointment, Rajesh Ranjan, Senior Vice President – Development at Sarovar Hotels, stated that Chandra’s industry knowledge and experience in hotel development will support the company’s expansion plans. The leadership highlighted his ability to contribute to strengthening the development pipeline and enhancing the brand’s presence in high-potential markets.
Company Growth and Portfolio Expansion
The appointment comes at a time when Sarovar Hotels is actively expanding its portfolio. The company currently manages over 150 operational hotels across India, Nepal and Africa and continues to pursue growth opportunities in both domestic and international markets.
As part of Groupe du Louvre, Sarovar Hotels is focusing on scaling its presence through strategic development initiatives. Strengthening leadership in the development function aligns with the company’s objective of maintaining a steady pipeline of new projects and enhancing its market reach.
Chandra’s return reflects the organisation’s emphasis on experienced leadership to drive expansion and manage complex development processes, supporting its continued growth across regions.
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