A neoteric conception, U HOSTELS offer a plush accommodation amped by aesthetically designed urban structures, a young and lively ambience and above all, utmost hygiene standards to ensure a comfortable and enjoyable stay for every traveller
Hostels are being touted as the preferred accommodation choice among the Millennials. A heady blend of expansive services, luxury and affordability gets them an edge over other urban accommodation options.
Why Partner with us?
Revenue growth from the hostel industry in double digits.
Premium Hostel segment proposes a HIGH return on investment when compared to a regular hostel owing to better features and pricing. Furthermore, the RevPAB (Revenue per Available Bed) for a premium hostel is higher than the RevPAR (Revenue per Available Room) for any boutique hotel owing to higher occupancy rate and better pricing for extended stay period options
A comprehensive model by U HOSTELS ensures end to end support to the franchise on aspects like design, set-up, standard practices, compliance, sales processes such as bookings & follow-ups, marketing and branding and day to day functioning of the property.
The current Hospitality scenario in India has a vacuous gap for Premium or Luxury hostels, thereby giving the first mover advantage to U HOSTELS and the developers considering a burgeoning demand for this innovative product
Complete technology integration by U HOSTELS team. Modern technology based features such as automated key cards, easy entry and exit control, app driven bookings for smooth and seamless user interaction
Lack of informal and urbane accommodation options catering to the sensibilities of bachelors and young travelers between the age group of 25-40 years
U HOSTELS offer lucrative benefits to its members and privileged guests and complete enrollment support will be provided by the U HOSTELS team for the same. Members will be entitled to membership rewards, redemption from partners and exciting merchandise among other benefits.
Unlike the traditional investment portfolio for a luxury hotel, acquiring a franchise or running U HOSTELS require a smaller Investment corpus with quicker returns following the investment, thereby reducing the payback period for the developer
Aggrandizing the theme of global culture, various exchange programs will be run to offer exposure, interaction and opportunities for national and International travelers. Academic programs, cultural exchange programs for students and business travelers will be organized.
Features of Proposed Business Models:
Operations Commenced On 2017
Franchising / Distribution Commenced On 2017
Investment INR 50lac - 1 Cr.
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Performance guarantee to unit franchisee Yes
Anticipated percentage return on investment 15 %
Other investment requirements INVESTMENT RANGES FROM 4 CR TO 12 CR, WITHOUT THE LAND COST
Type of property required for this franchise opportunity Both
Preferred location of unit franchise outlet PRIME LOCATIONS IN ALL MAJOR METROS, TIER 1 AND TIER TWO CITIES
Detailed operating manuals for franchisees Yes
Franchisee training location Onsite
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes