Welcome to carestay

"After a tiring travel / business trip there's nothing more comforting than being greeted with a warm welcome, a clean room and a very comfortable bed! Carestay hotels range from 2 to 4 star boutique hotels offering the best value money can give. These hotels are well equipped to give a business traveller all that he / she needs during a busy business trip. From a great bed and breakfast to efficient WIFI to good laundry to a well managed business centre you get all here. And don’t worry – nothing is expensive!"

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City Q17 Q18 Q19 Q20 Q21 Total
Hyderabad 6 18 - - 16 40
Bangalore - 12 12 - 16 40
Chennai - - 20 - 16 36
Kochi - - 10 - 6 16
Trivandrum - - 10 - 6 16
Mumbai & Navi Mumbai - - 8 36 - 44
Pune - - - 24 24
Delhi and NCR - - - 36 12 48
Kolkata - - - - 16 16
Bhubneswar - - - - 12 12
Total 6 30 60 96 100 292
- Phase I Phase II Phase III TOTAL
- Amount in Rs. Lacs) Ist year Amount in Rs. Lacs) 2nd Year (Amount in Rs. Lacs) 3rd Year (Amount in Rs. Lacs)
Capital expenditure 47 249 634 930
Loss funding 28 317 604 949
Working capital 52 243 562 857
Brand building 75 300 - 375
Total Investment required - 250 - 250
Total Investment required 202 1359 1800 3361

Managing and operating a 50 room property in Hyderabad since August 2016.

Defined the SOP’s, set systems and processes, and operates with an optimized staff strength.

Good MIS enabling effective control.

Been able to increase occupancy on month on month basis and turn the operations profitable.

In advance talks with 3 other hotel managements to take over operations.

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