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Demand for guest houses rises in Millennium City

As the number of corporate professionals visiting the Millennium City has increased manifold in the past few years, the demand of luxury and serviced apartments has seen a steep rise.

india Updated: Jul 30, 2012 00:52 IST
Deevakar Anand

As the number of corporate professionals visiting the Millennium City has increased manifold in the past few years, the demand of luxury and serviced apartments has seen a steep rise.

The city is home to nearly 300 multinational companies, including those listed in Fortune-500. Besides, its proximity to the national capital and the international airport are added attractions.

Gurgaon has nearly 5,000 hotel rooms with three-five star ratings, and according to industry experts, another 4,000 rooms will be added in the next five years. Yet, the demand of personalised corporate accommodation is growing.

"Serviced apartments are much more preferred than hotels as they offer customised services for different kind of guests. Hence, their demand is increasing," said Aman Syal, CEO, Laurent and Benon Corporate Stay Solutions, which has nearly 150 serviced apartments in Gurgaon.

Categorised into budget, premium and luxury segments, the company's 75% of rooms have been occupied. Syal said looking at the bright prospect of this business, his company is aiming to add a couple of hundred more such apartments by 2013.

Many other blue-chip hospitality firms are now considering setting up such facilities in the city.

Unlike in a hotel, the occupants of these apartments - both domestic travellers as well the expatriates - who come on long-term projects or assignments here can customize their kitchens, furnishings and interiors. They can also get cooks and housekeepers any time.