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Sahara has acquired 2 supreme New York hotels

  • dailybhaskar.com
  • Nov 30, 2012, 17:12 PM IST
Sahara has acquired 2 supreme New York hotels, brand wagon news in English

brand wagon news in English

Subrata Roy’s Sahara Group has acquired two of New York’s first class hotels-New York Plaza and Dream New York, based near Manhattan's Central Park, for an enormous amount of $800 million (about 4,400 crore INR).  The hotels are considered hubs for socialites and celebrities, one (Dream Downtown) of which was earlier owned by New York hotelier Vikram Chatwal.

The Sahara Group, which last acquired Grosvenor House in London in the year 2010, is said to be now hunting for other landmark properties in New York.
 

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