Barun Bicky Chakraborty is an Indian-born Swedish businessman. He is the president and founder of Elite Hotels of Sweden & The Bishop’s Arms. He is counted as one of the richest men in Scandinavia.Chakraborty came to Sweden from Kolkata, India in 1966 to study Sociology at the University of Stockholm. Chakraborty had noticed 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 in Stockholm. But it was no easy task to get permission. Chakraborty had to pursue and convince the members of the student association before finally getting the nod. But he was a determined soul and his perseverance paid off. He managed to acquire these properties and they became due plate in his hotel empire. His foray into the hospitality industry was a decision that worked in his favour. Within a very short time, his hotel business took off and he was a busy man. His hotels became so popular that guests had to book at least a month-and-a-half before the scheduled day to get confirmation. Bicky was minting money. Later he went on to buy the rundown city hotel and rehabilitate it. In 1980, he bought Hotel in London, a historic city hotel from 1858. Later, he went on to buy the rundown City Hotel and gave it a makeover and re-opened it. In 1980, he bought a 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 now owns and operates the hotel chain Elite, which covers several historically important city hotels in the country, including Hotel Knaust in Sundsvall, Hotel Mollberg in Helsingborg, Hotel Savoy in Malmö and the City Hotel in Västerås. Bicky Chakraborty’s hotel business is the only Swedish-owned hotel chain in Sweden. In 2008, Chakraborty was awarded the Royal Patriotic Society Business Medal for having contributed to the development of Swedish industry. He is also the winner of the Pravasi Bharatiya Samman awarded by the Government of India.