DTC plans budget hotels at its terminals to augment revenue

Tags: News
To boost revenue generation, Delhi Transport Corporation (DTC) is planning to open budget hotels at two of its prominent bus terminals here.

In its recent board meeting, DTC has cleared proposal of a feasibility study at Nehru Place and Raja Garden bus terminals by Delhi Tourism and Transportation Development Corporation (DTTDC).

After the completion of the study, the transport corporation will approach Delhi Development Authority (DDA) seeking change of land use.

"DTTDC has begun a feasibility study at Nehru Place and Raja Garden bus terminals to explore the possibility of opening budget hotels there. After DTTDC's study, we will approach DDA for its approval for the change of land from transportation to mix use," said a senior DTC official.

DTC, which operates the largest CNG fleet in the world, has taken this step with the view of generating additional revenue. "With the aim to generate additional source of income besides plying buses in the national capital, we want to run commercial activities (budget hotels) on these two terminals," the official added.

DTC, which has been trying to cut down on its operational losses, hopes to boost revenue generation through such commercial activities. The corporation has been facing huge losses every year.

In Delhi, DTC is running around 5,000 buses, including low-floor buses while Delhi Integrated Multi Modal Transit System (DIMTS) has around 1,150 buses in its fleet.

EDITORIAL OF THE DAY

  • RBI must join hands with IRDAI to stop misselling of insurance by banks

    Reserve Bank of India (RBI) governor Raghuram Rajan has observed in the annual report for 2015-16 released on Monday that the central bank will be foc

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Roopen Roy

Streaming indeed has a bright future

Woody Allen has turned 80. But his energy has not ...

Zehra Naqvi

How much land does a man need?

“When the blood in your veins returns to the sea ...

Dharmendra Khandal

Everything has its place in nature

Last week I was observing an injured animal, because of ...