IRCTC Plans Budget Hotels in State Capitals

The Indian Railway Catering and Tourism Corporation (IRCTC) recently announced plans of setting up budget hotels near railway stations in state capitals and is in talks . They are also apparently in talks about acquiring lands.

“The work on getting into the hospitality sector is progressing and we are in talks with various state governments for a tie-up. We plan to start budget hotels near railway stations in state capitals where the state government would provide land and we would build and operate the hotels as a concessionaire,” a senior IRCTC official was quoted as saying in a report . “We are expecting our newly-started facility management services to make up for the loss in revenue caused in on-board catering services. We are already providing facility management at a few educational institutes, IT parks and government organisations and are also in talks with various government departments, Public Sector Undertakings and IT majors,” the official said.

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