The Grand New Delhi is part of the Saraf Hotel Enterprises. The group operates luxury hotels in several parts of the country. The group was founded by Mr. Radhe Shyam Saraf.
The first hotel of the Saraf Group, Yak & Yeti, was opened in the heart of Kathmandu, Nepal in 1977. The second luxury hotel of the group, Hyatt Regency, was opened in New Delhi in 1980.
