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NEWS| Sayaji Hotels to expand its restaurant chain

Sayaji Hotels, a three star hotel and club owning company, plans to expand its restaurant chain, Barbeque Nation, to include over 100 outlets in the Pan-Indian region. It is targeting a Rs 200 crore turnover by the end of 2010.

The company’s net profit ... for the first three quarters of the current fiscal year is Rs 3.01 crore on a turnover of Rs 48.05 crore. For the previous period, it recorded a turnover of Rs 31.69 crore with a net profit of Rs 1.98 crore. For the year 2006-2007, Sayaji Hotels posted a net profit of Rs 4.40 crore on a Rs 44.6 crore turnover.

By HBI Staff | Mumbai
source| hospitalitybizindia