INTERVIEW
FACE TO FACE - “We Are Planning More Boutique Properties”: Saddam Zaroo, Managing Director, Royal Khazir Hotels & Resorts
- Sharmila Chand
- Sep 05, 2023
Saddam Zaroo has played a vital role in revolutionising
hospitality and handicraft industries in Kashmir. Born into a family deeply
rooted in business, Mr Zaroo was exposed to the complexities of
entrepreneurship from a young age. At 17, he began getting involved in his
family business, Khazir Sons, a well-established enterprise dealing in retail
and export.
An MBA graduate from a premier B-school, he gained valuable
insights by training under Anil Madhok, the founder of the Sarovar Group. Mr Zaroo took charge of his family business’ hospitality venture and
transformed the concept of a guest house into the first proper mid-segment
hotel in the valley. This marked the birth of Royal Khazir Hotels &
Resorts.
In 2012, he became the managing director of the hotel and
roped in Sarovar Hotels and Resorts to manage the property and infuse
professionalism into it. This turned Royal Khazir Hotels & Resorts into one
of the most popular hotels in the region. Mr Zaroo adopted a unique five-year
plan that balanced capital liabilities, property upgrade and management of
day-to-day running costs, reducing dependence on financial institutions.
Apart from hospitality, Mr Zaroo is actively involved in
promoting Kashmiri handicrafts within and outside the State. Besides, he is
active in various industry bodies and government organisations. At 27, he has
held esteemed positions of vice-chairman of CII Jammu & Kashmir Chapter and
has served as treasurer for Kashmir Hotel and Restaurants Owners’ Federation,
apart from other major roles.
Mr Zaroo plans to transform Khazir Sons from an export
house to a retail giant, making it the product of choice for elite clients.
Additionally, he aspires to introduce more facilities that international
travellers expect from hotels. Sharmila Chand meets up with Mr
Zaroo and is impressed by the success story of the young businessman and
hotelier.
What inspired you to get into diverse business
activities?
I had the privilege of being inspired by my father and
uncle, who involved me in business decisions from a tender age. Their guidance
and mentorship ignited my fascination for the complexities of entrepreneurship.
I dreamed of establishing a multi-industry corporate house, and my aspiration
was to bring positive changes to Kashmir’s hospitality industry, offering
unique experiences that celebrate the region’s rich heritage.
So, how did your entrepreneurial journey begin?
Joining my father’s business, Khazir Sons, was a
deliberate choice, driven by my passion for business and an inherent desire to
contribute to the family legacy. Joining Khazir Sons and taking part in crucial
business decisions at a young age laid the groundwork for my entrepreneurial
spirit. My uncle’s vision for expanding into the hospitality industry laid the
foundation for formation of Royal Khazir Hotels & Resorts, a venture that I
enthusiastically took charge of, determined to make it a symbol of luxury and
excellence. Launch of Royal Khazir Boutique in 2011, transformation of the
guest house concept and strategic partnership with Sarovar Hotels and Resorts
were pivotal moments that paved the way for our success. Additionally, our
resilience during challenging times and our unyielding commitment to customers’
experience and innovation have been instrumental in shaping our path.
What challenges did you have to face early on?
Taking over a family business indeed demands a delicate
balance between tradition and innovation. Upholding family ethics and values is
paramount as they form the bedrock of our heritage. At the same time, I believe
in embracing innovation and modernity to stay relevant and provide unmatched
experiences to our esteemed guests. As with any endeavour, sustaining and
growing the business has its share of challenges. Navigating ever-changing
demands of the handicraft industry, managing the seasonal nature of tourism in
Jammu and Kashmir and striking a harmonious balance between financial
independence and property upgrade are some of the hurdles we have faced.
Would you shed more light on your
businesses?
At present, we boast of more than
14 stores across India and the Middle East. Our unique selling proposition lies
in our sophisticated brand store concept, which offers discerning customers
rare and exquisite products. We extend this philosophy to our luxury
hospitality properties by pioneering the mid-segment hospitality in the Kashmir
valley with two groundbreaking projects in the pipeline.
What key changes have been introduced under your
leadership?
During my tenure, we have made significant changes by
investing in technology, elevating our banqueting facilities and introducing
premier room categories with world-class amenities. Our emphasis on after-sales
services and local employment has been central to our identity.
What are your future plans?
We will be expanding our retail presence to 16 outlets by
the end of 2023 and 24 outlets by the end of 2024. Additionally, we aspire to
export our unique products to Qatar, Oman, Saudi Arabia and the United States,
while pioneering boutique properties in other locations.
What is the secret behind your success?
Our mantra for success is centred on providing the best
quality at the best price without compromising the respect that both our
clients and products deserve. Honesty and integrity drive our operations, while
our team remains at the core of our achievements.
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