Infosys enters hospitality arena

Infosys enters hospitality arena

Infosys has begun the process of constructing, a 500 bed, 4 star hotel accommodation for their employees, clients and partners. This move comes as a result of the accommodation shortage that is prevailing in Bangalore city.

The severe shortage of rooms and high tariff structures in Bangalore hotels, has forced Infosys to enter into the hospitality arena. But Infosys states that this move is primarily for their internal requirement, reports CNBC-TV18.

Bangalore has around 3000 odd rooms, across various five-star hotels. The tariffs in these hotels are the highest, as compared to the rest of India, some even amount to Rs 14,000 per night and yet there is a demand for more.

Infosys, that is located in Bangalore faces an additional problem, of being away from the airport by about a two hour drive. Hence, Infosys seems to have come up with a solution, that is a captive 500 bed, 4 star hotel accommodation for their employees, clients and partners.

"We actually had customers living in Chennai and making day trips to Bangalore, because there were no hotel rooms. They stay in a hotel in Chennai, and fly to Bangalore to attend meetings and fly back to Chennai again because of the unavailability of hotel rooms," said Nandan M Nilekani, President and CEO, Infosys Technologies.

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