type public traded as bse 523023 industry hospitality founded 1971 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 revenue rs 293 million 2014 15 website www.sinclairshotels.com sinclairs hotels ltd. owns and operates hotels and resorts in india at siliguri burdwan darjeeling dooars kalimpong ooty and andamans . contents 1 history and growth 2 business model 3 future 4 references history and growth edit 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 . business model edit sinclairs hotels ltd. operates all the seven properties owned by the company . future edit sinclairs is implementing a greenfield project at kolkata . 3 references edit interview of navin suchanti ceo and managing director sinclairs hotels ltd. . indiainfoline.com . 2012 06 11 . sinclairs acquires majority stake in savannah hotels . the hindu . 2011 02 11 . sinclairs hotels lines up new projects in west bengal . the economic times . 2011 02 28 . retrieved from https en.wikipedia.org w index.php title sinclairs hotels limited & oldid 734902056 categories hotel chainshospitality companies of india navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 17 august 2016 at 12 12 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view