cheap hotels near me

IRCTC Tourism: Indian Railways plans to set up budget hotels across country; earmarks Rs 500 crores for first phase

IRCTC budget hotels: Indian Railway Catering and Tourism Corporation (IRCTC) plans to build and operate budget hotels across the country, primarily focusing on tourist destinations. The Company has set a provision of 500 crores in the first phase of the project. Indian Railway Catering and Tourism Corporation is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. As per the latest developments, the Indian Railway Catering and Tourism Corporation (IRCTC) is in talks to various state governments regarding the projects and proposals have been sent to respective state governments. IRCTC’s interaction with the… Read More

India: Budget hotels: Will the business of economy pick up in India?

Cheap hotels. There is a guilty pleasure about them. You can’t help feel wistful about the occasions when you did or did not choose to stay in one. But if you are an hotelier, veteran or newbie, the guilt will likely be that you didn’t do it. For the business opportunity in low-cost lodging has been the hospitality industry’s worst kept secret for nearly a decade. Strangely, few have jumped at it. Consider the latest numbers: in 2010, 740 million Indians travelled from place A to B. They weren’t struck by wanderlust. Most moved about for work reasons. If even… Read More