IntelliStay Hotels to open 50 new hotels in India by 2015

IntelliStay Hotels announced plans to invest roughly $10 million to open 50 new properties in India by 2014 to 2015. The India-headquartered group will open properties in cities including Raipur, Bhopal, Tirupati, Chennai, Coimbatore, Vadodara, Vapi, Surat, Ahmedabad, New Delhi, Gurgaon and Jalandhar.

In 2012, IntelliStay Hotels was acquired by Apodis Hotels and Resorts, an Indian hotel operator, whose interests span the budget, mid-market and leisure hospitality segments.

IntelliStay launched its seventh property of Mango Suites in June 2012 and plans to open two more new properties in Mangalore and Nagpur in a few months’ time.

Mango Suites, owned and operated by IntelliStay Hotels, has three operational properties in Bangalore, and one each in Mysore, Amritsar and Hyderabad. The company focuses on brownfield development at low capital and operational expenditure. IntelliStay will operate the property modified by the owner according to Mango Suites standards on lease and revenue sharing agreements.

Virtual Event

Hotel Optimization Part 3 | Available On Demand

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event, now available on demand, for expert panels focused on getting you back to profitability.