Bicky Chakraborty

University of Stockholm.^{[citation needed]} He saw that student dormitories were empty over the summer and began pushing the dorm Domus as a discount hotel to rent out those who were located near Stureplan in Stockholm. Chakraborty managed to acquire these properties from the student association in private hands and they became due plate in his hotel empire. Later he went on to buy the rundown city hotel (sv) and rehabilitate it. In 1980, he bought Hotel in London, a historic city hotel from 1858. At this time there were several run down city hotels around the country. Swedish hospitality was most focused on motels near urban areas. Chakraborty saw this opportunity to revive the ancient city hotel tradition, but in a more modern form. Bicky Chakraborty owned and operated the hotel chain Elite (sv), which covers several historically important city hotels in the country, including Hotel Knaust (sv) in Sundsvall, Hotel Mollberg (sv) in Helsingborg, Hotel Savoy (sv) in Malmö and the City Hotel in Västerås. Bicky Chakraborty's hotel business is the only Swedish-owned hotel chain in Sweden.^[6][7]

Jönköping University Foundation.^[9]