Inside Bonjour / 04.01.2016
News Mantri Developers partners with Bonjour! to develop multiple hotels in Bangalore.
Mantri Developers, one of India’s fastest growing real estate companies, today announced the signature of an agreement with Bonjour!, the hotel group that has introduced a new budget hotel concept to India. The agreement makes way to the development of multiple properties, starting with the opening of three to five new hotels in Bangalore in the next 36 months.
Mr. Sushil Mantri, Chairman of Mantri Developers remarked, “We hinge our development philosophy on building unique real estate, creating quality and future-focused properties in high-growth urban centres. We believe this partnership with Bonjour! certainly furthers this goal as we leverage on each other’s strength and business acumen to reach out to a larger section of the audience. We look forward to the opening of these first properties in Bangalore and continue to seek strategic development opportunities with Bonjour! across our target cities in South India.”
Speaking on the occasion, Aditya Sikri, Chief Executive Officer Retail & Commercial of Mantri Developers said, “It is exciting to partner with an innovative brand such as Bonjour!, and to enter a segment that is today radically underserved. Strengthening our belief in providing smart and competitive propositions to our consumers, these upcoming developments will create significant value as we expand our footprint in the hospitality sector.”
Bonjour! is reinventing budget hotels by focusing on customers’ real expectations and making the basics perfect, creating a new type of hotel experience. Gone are unnecessary frills, replaced only by those things that guests really want — and more importantly, want to pay for: personal choice, contemporary design, top-quality beds, user-friendly technology, soundproof rooms and a great breakfast – for an astonishing price.
“There is a need for a new type of hotel for today’s traveller, who is value-conscious but desires the comfort and lifestyle of a top-rated hotel. It’s not about the space but its efficiency and how you can experience it. Bonjour! is putting the guests’ needs front and center,” said Julien Goupit, Co-Founder and CEO. “A fantastic bed, outstanding in-room entertainment and the freedom to book on your mobile make a difference. Big lobbies do not.”
These new properties will boast 400 to 600 stylish, compact rooms, decked out with all the comfort and technology you could ask for. Room rates will be Rs. 2,000 to 3,500/- all-inclusive. The properties are scheduled to open 2017/2018 onward. With this new development, Bonjour! not only fills a need in Bangalore, it also sets the standard for what Bonjour! will do across the country. “Establishing our presence across India’s Tier 1 & Tier 2 cities tops our list of priorities”, Julien Goupit said.
Unlike many other hotel chains, Bonjour! is an entirely pre-designed and pre-engineered concept with high levels of standardisation and pre-fabrication. “The strength of the Bonjour! financial model lies in its extremely efficient use of space, a very low operating cost model and highly repeatable standards of construction and operations,” said Didier Coutte, Co-Founder and Chairman. Every detail is thought through in delineated spaces.
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