Budget Hospitality companies including Tune Hotels, Ginger are likely to bid for setting up hotels at 14 semi-developed sites near key railway stations across the country.
Ircon International, a company under Railways, is offering multi-functional complexes (MFCs) that feature hotel rooms, designatted space for food and beverage and operations facilities at key railway stations across India.
The total guest room inventory across these hotels is expected to be over 600.
Tune Hotels India Services (THIS) operates as a 60:40 joint venture between Tune Hotels and Mumbai-based Apodis Hotels and Resorts Ltd. While Apodis holds the master franchise for Tune-branded hotels in India, the management of these properties will be handled by THIS, which will also look after technical and development services and project management consultancy.
Apodis Hospitality Group, which also owns and operates bed-and-breakfast hotel chain Mango Suites along with Cafe XO restaurants, confirmed it is in the bidding participation as per a DNA report.
Umesh Luthria, executive director and CEO, Apodis Hospitality Group, told DNA that the company is working on the tender document. “We are looking into the legalities of the tender document while simultaneously assessing the market demand. If it is an over 100-room hotel, then we will go with Tune brand and if the location has a smaller inventory of 50-70 guestrooms, then it will be Mango Suites,” he said.
The 14 sites are in Jammu, Allahabad, Haridwar, Udaipur, Jodhpur, Gwalior, Indore, Jabalpur, Raipur, Digha, Siliguri, Hubli, Madurai and Kannur.
With railways offering hotel developments on their land parcels, industry experts said a huge opportunity awaits the hotel chains operating in India.
The projects are located in close proximity to railway stations and some of the sites even have space for meeting rooms, banquet halls, food courts, supermarkets, shops for pharmacies and ATMs.
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