Hotline: 1800 102 2007
X
Search Business Opportunities
Aug, 16 2014

Tune Hotels eyes South India

According to the sources close to the entrepreneur, the hotels would see around $30 million (Rs180 crore) in investments.

AirAsia CEO, Tony Fernandes is planning to expand his hospitality venture, Tune Hotels in South India. Addressing the media, Fernandes, said, “Like AirAsia, Tune Hotels will grow in India. We will focus more on South India. Wherever AirAsia flies we would have a hotel there.” According to the sources close to the entrepreneur, the hotels would see around $30 million (Rs180 crore) in investments.

Tune hotels opened its first India hotel in Ahmedabad in 2013. The hotel has 100 rooms is an integral part of the 4-D Square Mall, located on the Vista-Gandinagar highway. The group is also building hotels in Biwadi, Neemrana, Daman and Chandigarh which will be operational from next year.


Speaking on the same, Mark Lankester, CEO, Tune Hotels, said, "As an urban product and service, Tune Hotels naturally prefer to be in major metropolises but when you look at India as a whole there are opportunities in many cities outside of the metros.”
 

Comment
Related opportunities
  • About Us: School of International Languages promises excellent learning atmosphere to..
    Locations looking for expansion Delhi
    Establishment year 1982
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Grubbery is a resto cafe, combination of patisserie and..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Bakery & Confectionary
    About Us: Millie's Cookies is an international chain of small format retail..
    Locations looking for expansion Delhi
    Establishment year 1985
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Furniture/Home Decor & Furnishing
    About Us: At Atom, we provide customised Home Interiors and Home..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities