Fortune Motels is eyeing equal presence within the enterprise and leisure segments within the subsequent couple of years, mentioned Managing Director Samir M.C.
Inaugurating a Fortune Park in Tiruppur on Friday, he instructed The Hindu that Fortune, which has inns in 4 sub-brands, at present has 64 alliances and 49 operational properties. One other 20 are in energetic pipeline and might be operational in one other 2-Three years, he mentioned. Of those, 5 might be opened this 12 months. In Tamil Nadu, other than the 4 inns in operation, two extra have been deliberate in Hosur and Chennai (resort).
There’s a change in client behaviour after the COVID-19 pandemic with an elevated demand for leisure places. Additional, the thrust on tourism and enchancment in infrastructure and connectivity have led to rise in leisure travellers. Enterprise journey can be up, he mentioned.
Giant cities could not see a lot progress in stock within the hospitality sector and for Fortune too, the expansion is prone to be extra in tier-two and tier-three cities, Mr. Sameer mentioned.