Question : PROFIT OF ITDC HOTELS



(a) the names and number of ITDC hotels in different cities and the profits earning of each during the last three years;

(b) the performance of ITDC hotels in competition with private sector hotels;

(c) whether the Government proposes to make fresh investments on restoration and renovation of ITDC hotels to enable them to improve their occupancy level and make profits; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF TOURISM AND CULTURE (SMT. AMBIKA SONI) (a): The locations of ITDC owned hotels in different cities and their profits earning during the last three years are as follows:-

(Rs.in Crore) (Rs. in Crore) S.No Name of the Hotel 2004-05 2005-06 2006-07 (Prov.)

1. Ashok Hotel, New Delhi 14.92 30.45 45.50

2. Janpath Hotel, New Delhi 2.46 3.08 4.41

3. Samrat Hotel, New Delhi 1.02 2.21 3.73

4. Lalitha Mahal Palace Hotel, Mysore 1.67 1.72 2.11

5. Hotel Jaipur Ashok, Jaipur (-)1.53 (-)1.54 (-)1.20 6. Hotel Jammu Ashok, Jammu (-) 0.71(-)0.17 (-)0.42

7 Hotel Kalinga Ashok, Bhubaneshwar (-)1.43 (-)1.23 (-)1.20 8 Hotel Patliputra Ashok, Patna (-)0.41 (-)0.47 0.23 Total 15.99 34.05 53.16

(b): As ITDC hotels were earlier under the disinvestment process, no major renovation work could be carried out in the last several years and therefore the private hotels certainly have an edge over ITDC hotels in offering modern facilities in respective categories and therefore, their financial performance is also better than ITDC hotels. However, the endeavor of the Corporation has been to maintain the minimum desired standards by carrying out repairs, maintenance and minor renovation works of an essential nature. Efforts are also being made to provide new services/facilities in the hotels to make them more competitive.

(c) and (d): A renovation plan for ITDC hotels to be undertaken during 2007-08 and 2008-09 has been drawn up with a total outlay of Rs. 184.15 crore.