Sagar Ratna, the well known chain of restaurants in North India is foraying into hotel industry by opening its first three-star hotel ‘Ocean Pearl’ in Mangalore next month.

According to reports, construction of the hotel has already completed and it will be inaugurated in Mangalore next month. The hotel has 84 rooms and five banquet halls. Besides, the company is also planning a franchise expansion and is expected to open eight more franchise outlets in the states like Rajasthan and Punjab in this fiscal year.

The company official said that the company has already opened its outlets in Singapore, Canada, the UK and next month an outlet would be opened in Bangkok followed by another one in the US. Initially, the company used to serve only South Indian food, but now on the demand of customers, North Indian and Chinese food will be added in the menu.