Apartment Hotel
Mott MacDonald
iNDEXTb
Sector
Tourism
Sub - sector
Hotel
Profile No.
TR - 04
Project Title
Project Description
Tourist Accommodation is an essential infrastructure
Pingleshwar(Kutch)
Mandvi (Kutch)
Champaner
Bhoyani,
Dehgam,
Dholera,
Dholka,
Jetalpur,
Excellent
Air
Bhadiad,
Rail
81930
Excellent
Connecti
86.39*
vity
Ahmedabad,
+
Road
Places of
or Gandhinagar
Interest/Circuits
Foreign Tourist
(Nos)
Domestic Tourist
(lakh)
Place
Ahmedabad
Excellent
TR-04
Project Profile on
Apartment Hotel
Mott MacDonald
iNDEXTb
Connecti
vity
Air
Rail
Road
Places of
Interest/Circuits
Foreign Tourist
(Nos)
Domestic Tourist
(lakh)
Place
Surkhej,
VauthaAdalaj,
Dabhoda,
Gandhinagar
Vadodara
Ajava,
Amba
Dungar,
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Inadequate
Excellent
Excellent
Good
Bodeli,
Chandod-Karnali,
48.24*
15809
Chhota
Udaipur,
Dabhoi, Kayavrohan,
Koyali,
Nareshwar,
Sankhedi, Vadodara,
Vaghodia.
Champaner(Pavagadh)
Champaner, Dahod,
Devgadh
21.36*
198
baria,
Surat
4.65
6040
Bardoli,
Dandi,
Dumas,
Hajira,
Magdalla,
Sachin,
Surat, Udhana,Unai,
Utran.
Mandvi / Pingleshwar
Anjar, Bhadreshwar,
(Kutch)
Bhuj,
0.16
1218
Gandhidham,
Hajipur,
Madh,
Sarovar,
Matano
Narayan,
Kandla,
Mandvi, Mundra.
* includes day time tourist of religious places + includes nearby tourist destinations, Source: GITCO
Growth Drivers
Increase in number of foreigners visiting India due to the Brand India which offers everything
that a foreigner wants viz Heritage, Adventure, Culture, Wild Life, Pilgrimage, etc. As per
TR-04
Project Profile on
Apartment Hotel
Mott MacDonald
iNDEXTb
World Travel and Tourism Council (WTTC), the number of foreign tourists visiting India has
grown from 3.46 million in 2004 to 3.92 million in 2005.
Government of India (GOI) estimates the global population of Non Resident Indians (NRIs) at
around 20-25 million. This sector of population regularly visits India. A major chunk of this
population is the NRI of Gujarati origin popularly known as NRG. Off late there is a
substantial increase in NRIs/NRGs visiting India. The main reason being the strong bonding
to the native land and culture.
According to the Department of Tourism (DOT - GOI), there are more then 7.2 Million Indians
traveling abroad every year. There is a substantial increase in these numbers every year and
is estimated to be growing at more than 15 %.
Off late Indian business is expanding both in terms of turnover and boundaries. With the high
growth in the Indian economy there is an exponential increase in the number of business
tourists in India.
According to DOT GOI, the total population of Domestic Tourism in the year 2004 was 367
million. There was an increase of 19 % over the previous year. It is expected that domestic
tourism will grow robustly in the future owing to the rising income levels and economic growth.
Why Gujarat?
Business Tourism
Archeological &Heritage
Tourism
Cultural Tourism
TR-04
Religious Tourism
Fun Tourism
Wildlife Tourism
Gujarat
Others
Highway Tourism
Medical Tourism
Education Tourism
Project Profile on
Apartment Hotel
Mott MacDonald
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Total,
Rs.
Million
22.0
Building
20.0
Machinery / Equipment
40.0
Vehicles
2.0
Office Equipments
2.0
6.8
2.5
4.8
100.1
Say 100
Means of Finance
Particulars
Equity
30
70
100
75.09%
37.60%
ROI
37.39%
Average DSCR
IRR
TR-04
2.99
22.67%
Project Profile on
Apartment Hotel
Mott MacDonald
iNDEXTb
Suggested Location
The suggested locations for the Apartment Hotel are Apartment Hotel at Ahmedabad, Vadodara,
Champaner (Pavagadh), Mandvi (Kutch), Pingleshwar (Kutch) and Surat.
Clearances Required
Water and Power supply
Registration as commercial establishment with the required state/district authority
Agencies to be contacted
Industrial Extension Bureau
Mott MacDonald India
Tourism Corporation of Gujarat Limited
TR-04