DTC plans budget hotels at its terminals to augment revenue
Aug 17 2014 , New Delhi
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.