A rendering of the Nagothane project in India
London super-budget hotel brand targets the UAE
LONDON, July 4, 2016
Chototel is bringing a new hospitality segment to the Middle East with eyes on the UAE for the next phase of development of its super-budget hotel brand, said a report.
The London-based technology startup's first project is set to open with 240 rooms in Nagothane on the Mumbai-Goa highway in India this month, before focusing on the UK, Nigeria and the UAE for future developments, said a report in Firstpost.com.
Daily tariffs start at $2 a night and offer uninterrupted electricity, water, gas and social infrastructure including daycare, infirmaries and community kitchen and gardens.
Chototel uses innovative technologies such as steel-framed dry construction; closed-loop, off-grid utility systems; microbots and big data processing to manage unmanned operations and billing; and real-time financial and cash transfer technologies.
The economy hotel brand uses an innovative construction technology called ‘Light Gauge Steel Framing’ which minimises its carbon footprint by using an environmental-friendly method that eliminates the use of bricks and wood as raw materials, the report said.
Each room is 280-sq-ft and includes a 30-sq-ft pantry, a 30-sq-ft bathroom and toilet, a 100-sq-ft multipurpose room with a cupboard, study-cum-dining area and a sofa-cum-bed. The mezzanine of 80 square feet is designed to sleep two people. Bots are fitted at access points and utility flow points to control and bill services. The room comes with free television and pay-per-use internet. Customers may hire cycles at a price of Rs. 12/day ($0.17) or Rs. 300/month ($4.4).
Rhea Silva, managing director and founder, said: "Our model is based on an average of $3.5. We are uniquely positioned between social rental housing and super-budget hotels.”
The company has targeted revenues of $1 million in the first full year of operation and is also planning to raise money to build 100,000 rooms in the next year.