About Us

Saraf Hotel Enterprises started by Mr. Radhe Shyam Saraf opened its first hotel, Yak & Yeti in the heart of Kathmandu, Nepal in 1977. In 1980, Mr. Saraf, as the founder promoter of Asian Hotels Ltd., initiated the construction of Hyatt Regency in New Delhi. The 550-room hotel opened to receive guests for the Asian Games in 1982 with a record completion time of two years.

In 1996, the group launched Grand Hyatt New Delhi (now The Grand, New Delhi), a 400-room project that opened for guests in 2000. In 1997, the group also began developing Hyatt Regency Kathmandu. The 40-acre property was the largest private sector development for tourism in Nepal. Saraf Hotel Enterprises went on to launch Grand Hyatt Mumbai, India's first mixed-use development that began operations in 2004 and immediately gained iconic status in the city.

Saraf Hotel Enterprises with its partners in Asian Hotels Ltd. also completed Hyatt Regency Kolkata and Hyatt Regency Mumbai in 2002. Asian Hotels Ltd., listed on the BSE, demerged in 2010. Thereafter, Saraf Hotel Enterprises took over Asian Hotels (East) Ltd., owning company of Hyatt Regency Kolkata. In 2011, the group opened Hyatt Regency Chennai, a 327-room deluxe hotel in the heart of the city. In 2012, Hyatt Place Hampi opened to become the first Hyatt Place outside North America. Hyatt Raipur also opened its door in 2014, which is a mid market hotel.

Saraf Hotel Enterprises currently has several new projects in the pipeline including Hyatt Regency Ahmedabad with 210 rooms and Andaz New Delhi with 389 rooms and 146 serviced apartments. Hyatt Regency Lucknow and Hyatt Regency Guwahati with 200 rooms each have also been conceived to become pioneers in their respective cities. The group is also working on a large hotel and convention centre development in Bodhgaya.

  • Radhe Shyam Saraf, Group Chairman, is a well-known name in India as well as in Nepal in the fields of trade, tourism and social welfare activities. Having completed his early education, Mr. Saraf took up the responsibilities of his family and started a trading business at the young age of 17. Starting out in Kalimpong in West Bengal, India, he then branched out to Kolkata, Sikkim, Tibet and Bhutan. In 1963, Mr. Saraf moved to Kathmandu, Nepal and in 1969 he established a trading office in Hong Kong to trade with Korea, China and Japan.

    Mr. Saraf's personal interest in travel and his in-depth knowledge of the Himalayan region led him to explore the tourism industry. In 1974, he launched Hotel Yak & Yeti in Kathmandu. The hotel was the first private sector project to be funded by the World Bank in Nepal. Thereafter, in 1980, Mr. Saraf tied up with Hyatt International bringing the chain's first hotel to India as Hyatt Regency New Delhi.

    Social service has always been synonymous with the name Radhe Shyam Saraf. Mr. Saraf founded the Modern Indian School in Nepal in 1979. The school was the first of its kind in Nepal and, under the patronage and leadership of Mr. Saraf, it has become one of the best educational institutions in the country. In recognition, His Majesty the late King Birendra Bir Bikram Shah Dev conferred Mr. Saraf with the prestigious Gorkha Dakshin Bahu Award for his great contribution to Nepal.

  • Arun Kumar Saraf
  • Umesh Saraf
  • Varun Saraf

Our Companies

Saraf Hotel Enterprises is a conglomerate of several companies located around the world.

  • Yak & Yeti Hotel Ltd.

    Hotel Yak & Yeti Kathmandu, Nepal.

  • Asian Hotels (East) Ltd.

    Hyatt Regency Kolkata, India.

  • Unison Hotels Ltd.

    The Grand, New Delhi, India.
    Hotel and Residences, Goa, India.

  • Taragaon Regency Hotels Ltd.

    Hyatt Regency Kathmandu, Nepal.

  • Juniper Hotels Pvt. Ltd.

    Grand Hyatt Mumbai, India
    Hyatt Andaz New Delhi, India
    Hyatt Regency Ahmedabad, India

  • Robust Hotels Pvt. Ltd.

    Hyatt Regency Chennai, India

  • Chartered Hotels Pvt. Ltd.

    Hyatt Place Hampi, India
    Hyatt Raipur, India
    Hyatt Regency Guwahati, India
    Hyatt Regency Lucknow, India

  • Footsteps of Buddha Hotels Pvt. Ltd.

    Bodhgaya Hotel and Convention Centre, India

  • It is "Saraf Hotel Enterprises" vision to be the leader in the field of hotel development, ownership and asset management.
  • Saraf Hotel Enterprises shall seek to maximize value for all its stakeholders. Each of its hotels shall be a sanctuary for the travelling customer and a landmark for the local community.
  • Saraf Hotel Enterprises aims to be the preferred employer of talented professionals by not only offering good remuneration, but also providing a safe, family-like working environment. We believe that our employees are our biggest assets and we motivate them to grow with us.
  • All of Saraf Hotel Enterprises ventures follow green, environment-friendly policies. Each of its hotels shall attain LEED certifications and thorough measures shall be taken to minimize each hotels carbon footprint.


Hyatt Regency Chennai awarded ‘Best Construction & Design in India’ by International Hotel Awards.

Hyatt Raipur awarded ‘Best Debut Mid-Market Hotel’ by East India Travel Awards.

Hyatt Raipur awarded ‘IGBC Gold certification’

Hyatt Raipur awarded ‘IGBC LEED Gold certification’.

Hyatt Place Hampi awarded ‘HIFI Award for First Class & Upper Middle Class Hotel’.

Hyatt Regency Ahmadabad received Runner up award by Conde Nast Traveller for ‘Favorite New Business Hotel in India’.

Taragaon Museum has been recognized for ‘Documentation of 50 years of Research & Cultural Heritage Conservation’.

Bodhgaya Resort & Convention Centre awarded a Certificate of Participation at the Holcim Awards.

Hyatt to debut 'Andaz' hotel brand in India

Global hospitality major Hyatt has announced plans to set up


CL Raheja and RS Saraf receive Hall of Fame Award 2013 at HIFI

The award for Radhe Shyam Saraf was received by his son Arun Saraf.


Asian Hotels plans new property in Bhubaneswar

Asian Hotels (East), the company that runs Hyatt Regency in the city, is planing to set up a luxury hotel in Bhubaneswar.


Duis est nam delenit
Hyatt hopes to stand tall in Chennai

Finally, Hyatt in Chennai


Asian Hotels (E) to develop a Hyatt Regency in Bhubaneshwar

In an interview with CNBC-TV18, Umesh Saraf Managing Director at Asian Hotels (East), spoke about the latest happenings in his company and the road ahead.


Asian Hotels (E) to develop a Hyatt Regency in Bhubaneshwar

In an interview with CNBC-TV18, Umesh Saraf MD at Asian Hotels (E), spoke about the latest happenings in his company...