Sinclairs Hotels Limited

Sinclairs Hotels Ltd. owns and operates hotels and resorts in India at Siliguri, Burdwan, Darjeeling, Dooars, Kalimpong, Ooty and Andamans.

Sinclairs Hotels Limited.
Public
Traded asBSE: 523023
IndustryHospitality
Founded1971
Headquarters
Kolkata
,
India
Area served
Siliguri
Burdwan
Darjeeling
Dooars
Kalimpong
Ooty
Port Blair
Key people
  • Dr. Niren Suchanti​ (chairman)
  • Navin Suchanti​ ​ (CEO​ and​ managing​ director)
RevenueRs 293 million (2014-15)
Websitewww.sinclairshotels.com

History and growth

The company was founded in 1971 as a private limited company by a local entrepreneur from Kolkata. The first hotel was set up in Siliguri in the year 1976. The next hotel was started in Darjeeling in 1981. The company made a public issue in the year 1986 and its shares were listed in Bombay Stock Exchange and Calcutta Stock Exchange. In 1990, Dr Niren Suchanti and Navin Suchanti acquired majority control of the company. Dr Niren Suchanti is the chairman and Navin Suchanti is the CEO and managing director of the company.[1]

Thereafter, the company acquired a hotel in Port Blair in 1991 and another one in Ooty in 1995. In 1999, it commissioned a resort property Sinclairs Retreat Dooars in Chalsa in the Dooars region of West Bengal, India.

In December 2007, three established private equity firms Xander Advisors of USA, Morgan Creek of USA and Meridia Capital of Spain invested around Rs 490 million in the company's equity to fuel its growth plans.

In 2011, it acquired a majority stake in Savannah Hotels Pvt Ltd, which owns a 104-room upscale business hotel in Whitefield, Bengaluru.[2] In 2013, the company divested its investment in Savannah Hotels.

In 2014, Sinclairs commissioned its luxury resort Sinclairs Retreat Kalimpong (46 rooms and 2 suites), in Kalimpong spread over an area of 5 acres.

In 2015, Sinclairs commissioned it upscale tourist resort in Burdwan, Sinclairs Tourist Resort Burdwan.

Sinclairs Tourist Resort Burdwan is situated at High Street 1 in Renaissance Township and spread over nearly four acres of land. It offers the finest accommodation, club and banquet facilities in Burdwan, one of the richest districts in West Bengal.

The Company has planned one more property – a 112-room business hotel in Rajarhat, the upcoming IT hub in Kolkata.

Sinclairs Retreat, Ooty
Ooty at twilight

At 8,000 feet (2.43Km) above sea level, the Sinclairs Retreat Ooty is the highest located resort in South India. Due to the elevation and geography, Ooty has one of the most stable climates in all of India, with temperatures remaining cool year round, with an average yearly high around 20°C (68°F). in 2019, the Sinclairs Retreat Ooty was adjudged a winner of TripAdvisor’s 2019 Travellers’ Choice Award, marking it as being in the top 1% of hotels worldwide according to reviews.[3] The retreat features three restaurants, including a Spanish themed bar and eatery, six event spaces ranging from ballrooms to scenic gardens and five style of accommodation[4]

Sinclairs Retreat Kalimpong
Overlooking the Himalayas

Opened in 2015, the Sinclair Retreat Kalimpong is situated on five acres of land overlooking the Himalayas. The hotel features 48 rooms and suites including a steam treated wooden cabin and loft apartments, each with a fireplace, balcony and garden, three restaurants and three function rooms. In 2018 the Sinclairs Retreat Kalimpong received the Booking.com Guest Review Award, averaging a user rating of 8.5 out of 10[5]

Sinclairs Bayview Port Blair
Scenic views of the Bay of Bengal

The Bayview is the only hotel in Port Blair to offer views of the Bay of Bengal from almost every room. Located on the Andaman Islands, an archipelago in the Bay of Bengal between India and Myanmar, the islands were occupied by Japanese forces for a short while during WWII. As such, the Sinclairs Bayview built around a real Japanese bunker that patrons can explore. The hotel features 46 rooms, four restaurants and one function room. In 2016 the Sinclairs Bayview was ranked as the number one hotel in Port Blair by TripAdvisor.com.[6]

Business model

Sinclairs Hotels Ltd. operates all the seven properties owned by the company.

Future

Sinclairs is implementing a greenfield project at Kolkata.[7]

gollark: Licensed from GTech™.
gollark: Yes, via retrocausation engines.
gollark: ```mllet factorial n : Int -> Int = if n < 2 then 1 else n * factorial (n - 1)factorial 10```This is evidently the optimal language to write config scripts in.
gollark: I don't have comparison information on this since I have Void on an RPi and Arch on some moderately high end x86 systems.
gollark: ???

References
  1. "Interview of Navin Suchanti, CEO and Managing Director, Sinclairs Hotels Ltd". indiainfoline.com. 2012-06-11. Archived from the original on 2013-09-02.
  2. "Sinclairs acquires majority stake in Savannah Hotels". The Hindu. 2011-02-11. Archived from the original on 2013-12-02.
  3. Sinclairs Retreat Ooty Sinclairhotels.com
  4. TripAdvisors 2016 Travellers Choice Awards sinclairsindia.com
  5. Booking.com Guest Review Award 2018 @sinclairshotels
  6. Sinclairs Bayview ranked No. 1 hotel in Port Blair by TripAdvisor ritzmagazine.in
  7. "Sinclairs Hotels lines up new projects in West Bengal". The Economic Times. 2011-02-28. Archived from the original on 2013-01-26.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.