ARUN K. SARAF
Chairman and Managing Director
ARUN K. SARAF
Chairman and Managing Director
Mr. Arun Saraf is a visionary hotelier celebrated for his pioneering spirit, unwavering commitment to excellence, and remarkable strategic acumen. His illustrious journey is marked by iconic property developments and a trailblazing approach that has left an indelible mark in the world of hotel development.
Mr. Saraf earned a degree in Business and Economics from the University of California Los Angeles (UCLA) in 1981, laying a solid foundation for his remarkable career. In 1982, alongside his father, Mr. Radhe Shyam Saraf, he embarked on a transformative venture by establishing Hotel Yak and Yeti in Kathmandu, Nepal. This marked the beginning of their incredible journey together.
Building upon this early success, Mr. Saraf’s leadership continued to flourish. By 1989, he had successfully expanded Yak and Yeti from its initial 108 rooms to an impressive 250 keys, showcasing his visionary growth strategies.
In 1990, Mr. Saraf assumed the role of Executive Director at Asian Hotels Ltd. This pivotal role led to the establishment of Hyatt Regency Kathmandu in 2002, followed by Hyatt Regency Mumbai and Hyatt Regency Kolkata in 2003.
In 1995, he founded Juniper Hotels, a testament to his calculated spirit of innovation. Collaborating with Hyatt in 1998, they opened the iconic Grand Hyatt Mumbai Hotel in 2004. This establishment redefined contemporary luxury and reshaped the cityscape.
Mr. Saraf’s second phase of development began with the acquisition of Hyatt Regency Chennai in 2011. Subsequent years witnessed remarkable openings, including Hyatt Place Hampi (2012), properties in Raipur and Ahmedabad (2014 and 2015), and the launch of Hyatt Regency Lucknow and Andaz Delhi (2017).
Throughout his journey, Mr. Saraf’s strategic vision fueled his ventures, firmly establishing him as a pivotal figure in the realm of hospitality development.
His hallmark has been collaborating with world-renowned experts, including architects, designers, engineers, and esteemed project consultants. He successfully secured funding from global giants such as the World Bank and the Asian Development Bank, showcasing his industry leadership.
Mr. Saraf’s enduring partnership with Hyatt for over four decades underscores his commitment to delivering exceptional experiences and operational excellence.
Juniper Hotels embodies a harmonious blend of business acumen and unwavering values. Collaborating with partners who share his vision and commitment, Mr. Saraf extended his family’s legacy beyond property development, creating spaces that combine commercial success with environmental responsibility. His commitment to sustainability reflects Juniper Hotels’ dedication to combining commercial success with environmental responsibility.