
Until now, you have shopped in five-star hotels, premium retail outlets. Now, what about doing some shopping in a mall and enjoy the hospitality of a good hotel in the same complex?
A successful business in countries such as the UAE, Singapore and Thailand, the mall-hotel concept is all set to script its Indian story.
The model goes like this: retail outlets on the first two floors, upper floor are eateries, the hotel comes up on the top floors. the aim is optimum utilisation of available space in complexes, given the escalating real estate prices
Moreover, with the Commonwealth Games 2010, when there will be a huge surge in hotel demand, the concept makes sense.
Developers in not only Tier I cities, but also in Tier II and III cities are going ga-ga over mall-hotels. Parsvanth has plans to set up mall-hotels in six cities including Mohali and Ahmedabad, where construction work has already begun.
While Ambience Group eyes Delhi and NCR, Ansal API will complete its project in Greater Noida this year. The target customers are domestic, international and business travellers.


