Mirah Hospitality plans to invest Rs 200 crore over the next one year in Citrus Check Inns, its ‘Flexi-stay’ travel business. The company has seven operational hotel properties and more than 100 food and beverage outlets for their Citrus Check Inns’ plan holders. “We will be adding 1,000 rooms across nine new hotel properties at leisure, business and pilgrimage destinations in the next three years. These investments will be made through internal accruals and strategic investments through institutional finances,” said Mr Gaurav Goenka, Managing Director, Mirah Group.
Citrus Check Inns is a holiday ownership company which has pioneered a multi-stay model based on points system. Citrus Check Inns also provides more than 2,600 international and 40 Indian hotels for their plan holders.