Hotel Industry after Commonwealth Games 2010
Hotel Industry after Commonwealth Games 2010
Our country, especially Delhi is preparing fast for the Commonwealth games in 2101. I was just going through the Newspaper and saw that the DDA is auctioning hotel sites in Delhi in September 2006. These hotel sites are in Jasola, Dwarka, Shalimar Bagh, Wazirpur and many more sites are there. 10 sites will be auctioned in September itself.
The study by these newspapers says that if the Hotel site is auctioned for Rs. 400 Crores and the hotel building of 400 rooms will approximately need 600 Crores that makes the total to be 1000 Crores. In that case the Room Rate would be Rs. 25000/- per room per day just for breaking even!!!!!! Strange to here right!!!!
Now, what I think is that …. OK, people coming to visit the Commonwealth games might pay this amount for a room.
BUT…..
After the commonwealth games are over, what will happen with these hotels? Instead odf staying in a room for 25000/- bucks at Josola or Shalimar Bagh, I would prefer to stay at 10000/- bucks at the TAJ at Dhaula Kuan.
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Commonwealth Games: Just 1500 days to go
So the countdown for the Commonwealth Games 2010 has just begun. Its just 1500 days more and do you think that are we ready for it? Athletes from 71 countries will in the capital and there are many things that need to be done. Delhi is short of hotel rooms, infrastructure, transport facilities, logistics and much much more.
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I had a meeting with a client today at Galaxy hotel in Sector 15 Gurgaon near to me house. The good thing is that I never new that I had suck a beautiful restaurant nearby with good food too. The bad thing is that it’s one of the costliest in my experience. Three glasses of juice, 2 coffees a grilled sandwitch and a corn pakoda costed me approx 1700 bucks. This is damn costly. I could have visited the 32nd milestone which belongs to the same owner (I think) and is comparatively much cheaper.
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October 13th, 2006 at 3:34 am
[...] So the countdown for the Commonwealth Games 2010 has just begun. Its just 1500 days more and do you think that are we ready for it? Athletes from 71 countries will in the capital and there are many things that need to be done. Delhi is short of hotel rooms, infrastructure, transport facilities, logistics and much much more. [...]