QiK Stay to add 800 ho­tels, ex­pand

The Hindu Business Line - - NEWS - PTI

On­line bud­get ho­tels ag­gre­ga­tor QiK Stay is look­ing to add around 800 ho­tels and ex­pand to 50 new cities across the coun­try this year. “We are plan­ning to add 800 ho­tels and ex­pand our pres­ence in 50 more cities by end of 2016,” QiK Stay Founder and CEO Jasveer Singh told PTI. The com­pany cur­rently has over 200 ho­tels with an in­ven­tory of around 3,000 rooms in 50 cities. Apart from strength­en­ing its pres­ence in met­ros and big cities, the com­pany will fo­cus on tier 2 and tier 3 cities for ex­pan­sion, he added.

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