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Chototel to build its first ‘super-budget’ hotel in India

Chototel, a London-based technology start-up, has chosen India to set up its pilot “super-budget” hotel. Hotel tariffs start at Rs 100 a day and offer electricity, water, gas and social infrastructure including daycare, infirmaries and community kitchen and gardens.

Through an array of Internet of Things (IoT), closed loop, real-time cash transfer, digital health and Big Data technologies, the project is able to deliver efficiencies from construction through to hotel operations and maintenance. The first project’s construction is underway in Nagothane, an industrial town, 70 km south of Mumbai and situated on the new Mumbai-Goa expressway. The 240-room development will cater to 1,000 guests and is spread across 1.5 acres and 75,000 sq ft of constructed area. The project cost is Rs 175 million, translating to a price of approximately GBP 7000 (or Rs 700,000) for a room size of 290 sq ft.

The project has a wide frontage on the National Highway 17 (Mumbai-Goa). The first Chototel location will target its accommodations at the large bank of industrial workers, working within a 15-km radius, and also those travelling on the Mumbai-Goa expressway. Chototel is currently in the process of acquiring land in Chakan, Goa and Gujarat for its next round of projects in India. The company aims to build 100,000 rooms in the next five years in the Mumbai-Pune-Goa corridor.

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