Indian Railways looks for budget hotel partner

Indian Railways told Reuters news agency it is in talks with leading hotel chains, including the country’s largest listed hotel group, Indian Hotels Co Ltd. , to set up over 40 budget hotels on its property. P.K. Goel, executive director for tourism at the railways ministry, said officials were also in discussions with the luxury Welcomgroup chain which is owned by India’s biggest tobacco maker, ITC Ltd.

“We have had a very good response to this (budget hotel project) and our tenders should be out soon,” Goel told reporters on the sidelines of a conference on public-private partnerships in the railways.

“The board has approved about 40 hotels but we plan to expand to 100. We have an ambitious target.”