📋 Tender Overview
Scope : To Set up DNC Group 12 Hotels in India
DNC Group, which has forayed into hospitality sector to cater to growing number of tourists in India, is planning to have 12 properties by FY27.
While it will have 5 Star hotels in metros, the strategy is to have boutique and budget hotels in cities of tourist attractions in India. The company’s targeted customers base include urban elite, business community, tourists on pilgrimage.
They intend to develop properties with customer-focused efficiency for visitors from India and abroad. Sustainability and cutting-edge technology will be at the forefront.
DNC Group planned to enter into hospitality sector to capture the opportunities in the fast-growing industry.
The plan is to invest about Rs 500 crore through debt and equity and to clock a revenue of Rs 500 crore in five years of operation.
