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Chandigarh: Now, shell out more to book banquet halls at CITCO hotels

Chandigarh Industrial and Tourism Development Corporation raises tariff at all its three hotels by 20%; to operate Sukhna Lake restaurant on revenue-sharing basis

Updated on: Feb 7, 2023, 00:36:36 IST
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Chandigarh Industrial and Tourism Development Corporation (CITCO) has increased up to 20% the tariff of banquet halls in all of its three hotels -- Hotel Mountview in Sector 10, Hotel Shivalikview in Sector 17, and Hotel Parkview in Sector 24.

Chandigarh Industrial and Tourism Development Corporation (CITCO) has increased up to 20% the tariff of banquet halls in all of its three hotels -- Hotel Mountview in Sector 10, Hotel Shivalikview in Sector 17, and Hotel Parkview in Sector 24. (Keshav Sigh/Hindustan Times)
Chandigarh Industrial and Tourism Development Corporation (CITCO) has increased up to 20% the tariff of banquet halls in all of its three hotels -- Hotel Mountview in Sector 10, Hotel Shivalikview in Sector 17, and Hotel Parkview in Sector 24. (Keshav Sigh/Hindustan Times)

The corporation has also raised the room prices at Hotel Parkview by nearly 20%.

CITCO’s board of directors has also decided to operate corporation’s restaurant at Sukhna Lake -- Chef Lakeview -- on a revenue-sharing basis with a private firm. The board has floated expressions of interest for interested parties as well.

CITCO’s chief general manager Harjeet Singh Sandhu said the rates have been revised after a gap of nearly four years.

“The decision was made quite recently keeping in the mind the inflation. Also, to compete in the market, we want to bring our rates on par with private hotels. Regarding Chef Lakeview, it was decided in the board of directors’ meeting held on Monday to run it on revenue-sharing basis,” he added.

As per the last year’s data, Chef Lakeview, which had reported a profit of 2 crore after incurring 10-lakh loss (April 1 to July 31) made the most commendable recovery.

Similarly, Hotel Mountview has seen 3-crore profit against 1.24-crore loss and Shivalikview earned 2 crore in profit after 1.6-crore loss last year.

CITCO’s chief general manager Harjeet Singh Sandhu said the rates have been revised after a gap of nearly four years.
 
ABOUT THE AUTHOR
Hillary Victor

Hillary Victor is a Special Correspondent at Chandigarh. He covers Chandigarh administration, municipal corporation and all political parties.

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