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Upon completing his MBA in 2011, Pasricha founded Ennismore and tried to acquire [[Soho House (club)|Soho House]] with the help of its founder [[Nick Jones (entrepreneur)|Nick Jones]].<ref name="BusinessBigShot">{{cite news|url=http://www.thetimes.co.uk/tto/business/moversshakers/article3462462.ece|title= Business big shot: Sharan Pasricha|publisher=The Sunday Times|last1= Walsh|first1= Dominic}}</ref><ref>{{Cite web|url=https://www.thecourier.co.uk/fp/news/local/perth-kinross/121576/luxury-makeover-perthshire-bb/|title=Luxury makeover for Perthshire B&B|last=Reoch|first=Paul|website=The Courier.co.uk|language=en|access-date=2019-12-13}}</ref> A year later, Ennismore acquired the Hoxton Hotel in Shoreditch.<ref name=":0" /> In November 2012, Ennismore acquired an office building in [[Holborn]] which would later become The Hoxton, Holborn. The following year Pasricha launched The Hoxton, Amsterdam.<ref>{{cite news|title=Rembrandt adds colour to Hoxton hotel owner |url= http://www.thetimes.co.uk/tto/business/industries/leisure/article3837113.ece|work=The Times|last1= Walsh|first1= Dominic}}</ref> In 2017, The Hoxton, Paris opened following a 4-year restoration of an 18th-century hôtel particulier, designated a 'monument historique' by the French state.<ref>{{cite web|title=Is this the coolest hotel in Paris? Inside the new Hoxton|url=https://www.telegraph.co.uk/travel/destinations/europe/france/paris/articles/inside-the-hoxton-hotel-paris/amp/|archive-url=https://web.archive.org/web/20170826022441/http://www.telegraph.co.uk/travel/destinations/europe/france/paris/articles/inside-the-hoxton-hotel-paris/amp/|url-status=dead|archive-date=2017-08-26|website=The Telegraph}}</ref> It opened its first US location with The Hoxton, Williamsburg, in 2018, followed shortly by Portland, Chicago and Downtown LA. In Europe, London's third Hoxton opened in Southwark in the same year, with Rome, Barcelona and Shepherd's Bush opening in 2021.<ref>{{Cite web|url=https://thehoxton.com/about|title=About The Hoxton - Our Story|website=thehoxton.com|language=en|access-date=2019-11-25}}</ref> In 2023, the Hoxton opened in Brussels, Berlin and a second outpost in Amsterdam. The Hoxton is due to open in Vienna, Edinburgh and Dublin<ref>{{cite web|url=https://www.businesstraveller.com/business-travel/2021/05/25/the-hoxton-to-add-five-hotels-in-europe/|title=The Hoxton to add five hotels in Europe|website=Business Traveller|accessdate=15 December 2021}}</ref>
Upon completing his MBA in 2011, Pasricha founded Ennismore and tried to acquire [[Soho House (club)|Soho House]] with the help of its founder [[Nick Jones (entrepreneur)|Nick Jones]].<ref name="BusinessBigShot">{{cite news|url=http://www.thetimes.co.uk/tto/business/moversshakers/article3462462.ece|title= Business big shot: Sharan Pasricha|publisher=The Sunday Times|last1= Walsh|first1= Dominic}}</ref><ref>{{Cite web|url=https://www.thecourier.co.uk/fp/news/local/perth-kinross/121576/luxury-makeover-perthshire-bb/|title=Luxury makeover for Perthshire B&B|last=Reoch|first=Paul|website=The Courier.co.uk|language=en|access-date=2019-12-13}}</ref> A year later, Ennismore acquired the Hoxton Hotel in Shoreditch.<ref name=":0" /> In November 2012, Ennismore acquired an office building in [[Holborn]] which would later become The Hoxton, Holborn. The following year Pasricha launched The Hoxton, Amsterdam.<ref>{{cite news|title=Rembrandt adds colour to Hoxton hotel owner |url= http://www.thetimes.co.uk/tto/business/industries/leisure/article3837113.ece|work=The Times|last1= Walsh|first1= Dominic}}</ref> In 2017, The Hoxton, Paris opened following a 4-year restoration of an 18th-century hôtel particulier, designated a 'monument historique' by the French state.<ref>{{cite web|title=Is this the coolest hotel in Paris? Inside the new Hoxton|url=https://www.telegraph.co.uk/travel/destinations/europe/france/paris/articles/inside-the-hoxton-hotel-paris/amp/|archive-url=https://web.archive.org/web/20170826022441/http://www.telegraph.co.uk/travel/destinations/europe/france/paris/articles/inside-the-hoxton-hotel-paris/amp/|url-status=dead|archive-date=2017-08-26|website=The Telegraph}}</ref> It opened its first US location with The Hoxton, Williamsburg, in 2018, followed shortly by Portland, Chicago and Downtown LA. In Europe, London's third Hoxton opened in Southwark in the same year, with Rome, Barcelona and Shepherd's Bush opening in 2021.<ref>{{Cite web|url=https://thehoxton.com/about|title=About The Hoxton - Our Story|website=thehoxton.com|language=en|access-date=2019-11-25}}</ref> In 2023, the Hoxton opened in Brussels, Berlin and a second outpost in Amsterdam. The Hoxton is due to open in Vienna, Edinburgh and Dublin<ref>{{cite web|url=https://www.businesstraveller.com/business-travel/2021/05/25/the-hoxton-to-add-five-hotels-in-europe/|title=The Hoxton to add five hotels in Europe|website=Business Traveller|accessdate=15 December 2021}}</ref>


In 2015, Pasricha acquired the [[Gleneagles Hotel]] in [[Perthshire]] which was owned by drinks company [[Diageo]].<ref name="GleneaglesHotelOwner">{{cite web|url=https://www.pressandjournal.co.uk/fp/business/north-of-scotland/626238/new-gleneagles-hotel-owner-sharan-pasricha-pledges-keep-existing-management/|title= New Gleneagles Hotel owner Sharan Pasricha pledges to keep existing management|publisher=Press And Journal}}</ref> Since 2016, the hotel has undergone over 12 major renovation projects including The Century Bar; The American Bar; The Birnam Brasserie; Dormy Restaurant and Auchterarder 70; Ochil House; Bob & Cloche; and Little Glen & The Den.<ref>{{Cite web|url=https://ennismore.com/|title=Ennismore {{!}} Developer of unique hospitality properties and experiences around the world|website=Ennismore|language=en-US|access-date=2019-11-25}}</ref> The refurbishment programme has been attributed to a jump in revenues and operating profits to more than £1 million per week during 2018.<ref>{{Cite web|url=https://www.scotsman.com/business/gleneagles-hotel-rakes-in-1m-a-week-as-sales-jump-1-4931036|title=Gleneagles Hotel rakes in £1m a week as sales jump|website=www.scotsman.com|language=en|access-date=2019-11-25}}</ref> Gleneagles has won a number of awards.<ref>{{Cite web|url=https://www.pressandjournal.co.uk/fp/lifestyle/travel/1675514/glorious-gleneagles-a-taste-of-luxury-at-scotlands-most-famous-hotel/|title=Glorious Gleneagles: A taste of luxury at Scotland's most famous hotel|last=Welsh|first=Susan|website=Press and Journal|language=en-US|access-date=2019-12-06}}</ref><ref>{{Cite news|url=https://www.thetimes.co.uk/article/hotel-and-museum-win-travel-awards-mfv6tz7cs|title=Hotel and museum win travel awards|last=Duncanson|first=Hilary|date=2018-01-03|work=The Times|access-date=2019-12-06|language=en|issn=0140-0460}}</ref>
In 2015, Pasricha acquired the [[Gleneagles Hotel]] in [[Perthshire]] which was owned by drinks company [[Diageo]].<ref name="GleneaglesHotelOwner">{{cite web|url=https://www.pressandjournal.co.uk/fp/business/north-of-scotland/626238/new-gleneagles-hotel-owner-sharan-pasricha-pledges-keep-existing-management/|title= New Gleneagles Hotel owner Sharan Pasricha pledges to keep existing management|publisher=Press And Journal}}</ref> Since 2016, the hotel has undergone over 12 major renovation projects including The Century Bar; The American Bar; The Birnam Brasserie; Dormy Restaurant and Auchterarder 70; Ochil House; Bob & Cloche; and Little Glen & The Den.<ref>{{Cite web|url=https://ennismore.com/|title=Ennismore {{!}} Developer of unique hospitality properties and experiences around the world|website=Ennismore|language=en-US|access-date=2019-11-25}}</ref> The refurbishment programme has been attributed to a jump in revenues and operating profits to more than £1 million per week during 2018.<ref>{{Cite web|url=https://www.scotsman.com/business/gleneagles-hotel-rakes-in-1m-a-week-as-sales-jump-1-4931036|title=Gleneagles Hotel rakes in £1m a week as sales jump|website=www.scotsman.com|language=en|access-date=2019-11-25}}</ref> Gleneagles has won a number of awards.<ref>{{Cite web|url=https://www.pressandjournal.co.uk/fp/lifestyle/travel/1675514/glorious-gleneagles-a-taste-of-luxury-at-scotlands-most-famous-hotel/|title=Glorious Gleneagles: A taste of luxury at Scotland's most famous hotel|last=Welsh|first=Susan|website=Press and Journal|language=en-US|access-date=2019-12-06}}</ref><ref>{{Cite news|url=https://www.thetimes.co.uk/article/hotel-and-museum-win-travel-awards-mfv6tz7cs|title=Hotel and museum win travel awards|last=Duncanson|first=Hilary|date=2018-01-03|work=The Times|access-date=2019-12-06|language=en|issn=0140-0460}}</ref> Pasricha has also founded several new brands, including a coworking brand ''Working From_'', a community workspace in 2019, as well as Maison Estelle, the private members club in Mayfair, London and the country club and hotel Estelle Manor.<ref>{{Cite web |last=Parker |first=Jennifer Leigh |title=Inside The Mind Of Hospitality Impresario Sharan Pasricha |url=https://www.forbes.com/sites/jenniferleighparker/2024/02/05/inside-the-mind-of-hospitality-impresario-sharan-pasricha/ |access-date=2024-06-04 |website=Forbes |language=en}}</ref>


Pasricha occasionally speaks at entrepreneurial and hospitality industry conferences.<ref name="TheCaterer">{{cite web|url=https://www.thecaterer.com/articles/363806/the-caterer-interview-sharan-pasricha |title=The Caterer interview: Sharan Pasricha|date=30 October 2015|publisher=The Caterer}}</ref><ref>{{cite web|title=IOD Annual Conference Scotland|url=http://iodscotland.com/events-listings/annual-conference/speakers/|website=IOD Scotland}}</ref><ref>{{cite web|title=Independent Lodging Congress|url=https://ilcongress.com/leader-speaker/sharan-pasricha/|website=IL Congress}}</ref><ref>{{cite web|title=Tell Series|url=http://www.tellseries.com/events/sharan-pasricha/}}</ref><ref>{{cite web |title=International Hotel Investment Forum |url=http://www.berlinconference.com/speaker-profile/sharan-pasricha |website=Berlin Conference}}</ref><ref>{{cite web |title=Entrepreneurial Scotland Annual Conference |url=https://www.entrepreneurialscotland.com/purpose/people/sharan-pasricha |website=Entrepreneurial Scotland}}</ref> In 2018, he appeared in The Caterer Top 100, placing #68 overall and #14 among hoteliers.<ref>{{Cite web|url=https://www.thecaterer.com/news/in-depth/top-100-sharan-pasricha-ennismore|title=Top 100: Sharan Pasricha, Ennismore|date=2018-04-19|website=The Caterer|language=en|access-date=2019-11-25}}</ref> He also featured in ''Conde Nast Traveller'''s '48 People Changing The Way We Travel'.<ref>{{Cite web|url=https://www.cntraveller.com/gallery/people-changing-the-way-we-travel|title=The 48 people changing the way we travel|website=CN Traveller|date=3 August 2018|access-date=2019-11-25}}</ref> In 2019, he was named as one of the 50 Most Influential People in British Luxury.<ref>{{Cite web|url=https://www.thewalpole.co.uk/news/power-list-entrepreneurs-sharan-pasricha-founder-ceo-ennismore/|title=The Power List {{!}} Entrepreneurs {{!}} Sharan Pasricha, Founder & CEO, Ennismore|website=Walpole|language=en-US|access-date=2019-12-06}}</ref>
Pasricha occasionally speaks at entrepreneurial and hospitality industry conferences.<ref name="TheCaterer">{{cite web|url=https://www.thecaterer.com/articles/363806/the-caterer-interview-sharan-pasricha |title=The Caterer interview: Sharan Pasricha|date=30 October 2015|publisher=The Caterer}}</ref><ref>{{cite web|title=IOD Annual Conference Scotland|url=http://iodscotland.com/events-listings/annual-conference/speakers/|website=IOD Scotland}}</ref><ref>{{cite web|title=Independent Lodging Congress|url=https://ilcongress.com/leader-speaker/sharan-pasricha/|website=IL Congress}}</ref><ref>{{cite web|title=Tell Series|url=http://www.tellseries.com/events/sharan-pasricha/}}</ref><ref>{{cite web |title=International Hotel Investment Forum |url=http://www.berlinconference.com/speaker-profile/sharan-pasricha |website=Berlin Conference}}</ref><ref>{{cite web |title=Entrepreneurial Scotland Annual Conference |url=https://www.entrepreneurialscotland.com/purpose/people/sharan-pasricha |website=Entrepreneurial Scotland}}</ref> In 2018, he appeared in The Caterer Top 100, placing #68 overall and #14 among hoteliers.<ref>{{Cite web|url=https://www.thecaterer.com/news/in-depth/top-100-sharan-pasricha-ennismore|title=Top 100: Sharan Pasricha, Ennismore|date=2018-04-19|website=The Caterer|language=en|access-date=2019-11-25}}</ref> He also featured in ''Conde Nast Traveller'''s '48 People Changing The Way We Travel'.<ref>{{Cite web|url=https://www.cntraveller.com/gallery/people-changing-the-way-we-travel|title=The 48 people changing the way we travel|website=CN Traveller|date=3 August 2018|access-date=2019-11-25}}</ref> In 2019, he was named as one of the 50 Most Influential People in British Luxury.<ref>{{Cite web|url=https://www.thewalpole.co.uk/news/power-list-entrepreneurs-sharan-pasricha-founder-ceo-ennismore/|title=The Power List {{!}} Entrepreneurs {{!}} Sharan Pasricha, Founder & CEO, Ennismore|website=Walpole|language=en-US|access-date=2019-12-06}}</ref>

Revision as of 12:01, 4 June 2024

Sharan Pasricha
MBE
Born (1980-10-19) 19 October 1980 (age 44)
Alma materLondon Business School
Regent's College
Doon School
Occupation(s)Founder & CEO, Ennismore
Websiteennismore.com

Sharan Pasricha MBE is an Indian-born entrepreneur based in London, England. He founded the hospitality and operating company Ennismore, and acquired The Hoxton and Gleneagles.[1] He is also the founder of Maison Estelle and Estelle Manor.[2]

Biography

Pasricha was educated at the Doon School in India and Millfield School in Somerset.[3] He then completed an Accounting & Finance degree from Regent's College and subsequently an MBA from London Business School where he was awarded the Alumni GOLD (Graduate of the Last Decade) by the Dean in 2018.[4][3]

While at Regent's College, Pasricha founded RUSH! Media, a marketing agency based in London.[5] He spent three years running the business after leaving university in London before returning to India to  run his uncle's leather manufacturing business. He spent 3 years as a turnaround CEO in New Delhi and says he turned the business around.[6] In 2009, he returned to England and undertook an MBA at London Business School, while working at a private equity investment firm, Better Capital.[4]

Upon completing his MBA in 2011, Pasricha founded Ennismore and tried to acquire Soho House with the help of its founder Nick Jones.[7][8] A year later, Ennismore acquired the Hoxton Hotel in Shoreditch.[1] In November 2012, Ennismore acquired an office building in Holborn which would later become The Hoxton, Holborn. The following year Pasricha launched The Hoxton, Amsterdam.[9] In 2017, The Hoxton, Paris opened following a 4-year restoration of an 18th-century hôtel particulier, designated a 'monument historique' by the French state.[10] It opened its first US location with The Hoxton, Williamsburg, in 2018, followed shortly by Portland, Chicago and Downtown LA. In Europe, London's third Hoxton opened in Southwark in the same year, with Rome, Barcelona and Shepherd's Bush opening in 2021.[11] In 2023, the Hoxton opened in Brussels, Berlin and a second outpost in Amsterdam. The Hoxton is due to open in Vienna, Edinburgh and Dublin[12]

In 2015, Pasricha acquired the Gleneagles Hotel in Perthshire which was owned by drinks company Diageo.[13] Since 2016, the hotel has undergone over 12 major renovation projects including The Century Bar; The American Bar; The Birnam Brasserie; Dormy Restaurant and Auchterarder 70; Ochil House; Bob & Cloche; and Little Glen & The Den.[14] The refurbishment programme has been attributed to a jump in revenues and operating profits to more than £1 million per week during 2018.[15] Gleneagles has won a number of awards.[16][17] Pasricha has also founded several new brands, including a coworking brand Working From_, a community workspace in 2019, as well as Maison Estelle, the private members club in Mayfair, London and the country club and hotel Estelle Manor.[18]

Pasricha occasionally speaks at entrepreneurial and hospitality industry conferences.[19][20][21][22][23][24] In 2018, he appeared in The Caterer Top 100, placing #68 overall and #14 among hoteliers.[25] He also featured in Conde Nast Traveller's '48 People Changing The Way We Travel'.[26] In 2019, he was named as one of the 50 Most Influential People in British Luxury.[27]

In 2020 it was announced that Pasricha's Hoxton hotel chain would merge with Europe’s largest hotel company Accor.[28] The merger was completed in October 2021. The new entity operates under the Ennismore name and is two-thirds owned by Accor and a third by Pasricha. In 2022, Ennismore was valued at more than €2 billion when Accor sold over 10% of its stake in Ennismore to a Qatari consortium.[29] Pasricha excluded Ennismore’s hotel assets from the joint venture. He became co-CEO of the company, alongside the chief development officer at Accor, Gaurav Bhushan.[30][31]

Pasricha was appointed Member of the Order of the British Empire (MBE) in the 2022 Birthday Honours for services to the hotel industry.[32]

Personal life

Pasricha married to Eiesha Bharti Pasricha in 2009. They have two children.[4] Sharan's father-in-law is Sunil Mittal, the founder and CEO of Bharti Airtel and brother-in-law is Kavin Bharti Mittal, the founder and CEO of hike Messenger.[33]

References

  1. ^ a b Turner, Sarah. "An Interview With Sharan Pasricha Of Hoxton Hotels And Gleneagles". Forbes. Retrieved 25 November 2019.
  2. ^ "Peek inside Oxfordshire's most exclusive members-only private club". Oxford Mail. 2 October 2023. Retrieved 3 April 2024.
  3. ^ a b Walsh, Dominic (12 January 2019). "'Gleneagles is a sleeping giant. We'll make it the best hotel in the world'". The Times. ISSN 0140-0460. Retrieved 25 November 2019.
  4. ^ a b c "'Work is all I have ever done,' says Hoxton Holborn hotelier". The Standard. 18 January 2016.
  5. ^ "27th European Hotel Investment Conference". Deloitte.
  6. ^ Bearne, Suzanne (29 April 2019). "I used to sell my packed lunch to my schoolmates". Retrieved 25 November 2019.
  7. ^ Walsh, Dominic. "Business big shot: Sharan Pasricha". The Sunday Times.
  8. ^ Reoch, Paul. "Luxury makeover for Perthshire B&B". The Courier.co.uk. Retrieved 13 December 2019.
  9. ^ Walsh, Dominic. "Rembrandt adds colour to Hoxton hotel owner". The Times.
  10. ^ "Is this the coolest hotel in Paris? Inside the new Hoxton". The Telegraph. Archived from the original on 26 August 2017.
  11. ^ "About The Hoxton - Our Story". thehoxton.com. Retrieved 25 November 2019.
  12. ^ "The Hoxton to add five hotels in Europe". Business Traveller. Retrieved 15 December 2021.
  13. ^ "New Gleneagles Hotel owner Sharan Pasricha pledges to keep existing management". Press And Journal.
  14. ^ "Ennismore | Developer of unique hospitality properties and experiences around the world". Ennismore. Retrieved 25 November 2019.
  15. ^ "Gleneagles Hotel rakes in £1m a week as sales jump". www.scotsman.com. Retrieved 25 November 2019.
  16. ^ Welsh, Susan. "Glorious Gleneagles: A taste of luxury at Scotland's most famous hotel". Press and Journal. Retrieved 6 December 2019.
  17. ^ Duncanson, Hilary (3 January 2018). "Hotel and museum win travel awards". The Times. ISSN 0140-0460. Retrieved 6 December 2019.
  18. ^ Parker, Jennifer Leigh. "Inside The Mind Of Hospitality Impresario Sharan Pasricha". Forbes. Retrieved 4 June 2024.
  19. ^ "The Caterer interview: Sharan Pasricha". The Caterer. 30 October 2015.
  20. ^ "IOD Annual Conference Scotland". IOD Scotland.
  21. ^ "Independent Lodging Congress". IL Congress.
  22. ^ "Tell Series".
  23. ^ "International Hotel Investment Forum". Berlin Conference.
  24. ^ "Entrepreneurial Scotland Annual Conference". Entrepreneurial Scotland.
  25. ^ "Top 100: Sharan Pasricha, Ennismore". The Caterer. 19 April 2018. Retrieved 25 November 2019.
  26. ^ "The 48 people changing the way we travel". CN Traveller. 3 August 2018. Retrieved 25 November 2019.
  27. ^ "The Power List | Entrepreneurs | Sharan Pasricha, Founder & CEO, Ennismore". Walpole. Retrieved 6 December 2019.
  28. ^ "Lifestyle choice is right for Ennismore". The Times. 25 November 2020.
  29. ^ "Accor to sell 10.8% stake in Ennismore to Qatari consortium for 185 mln euros". Reuters. 21 June 2022. Retrieved 7 May 2024.
  30. ^ "Hoxton hotels get room to expand". The Times. 4 October 2021.
  31. ^ "Accor and Hoxton hotel chain to merge boutique brands". Financial Times. 24 November 2020.
  32. ^ "No. 63714". The London Gazette (Supplement). 1 June 2022. p. B23.
  33. ^ Paton, Elizabeth (6 March 2015). "Fashion's fairy godparents". Financial Times.
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