FabHotels is essentially a branded budget hotel aggregator, but one which claims to be going beyond aggregation and delivering a wholesome hospitality experience to hotel guests. FabHotels is following the Chinese examples of Homeinns and China Lodging, which have built billion-dollar budget hotel chains. FabHotels, however, is not the only tech-focused start-up that is trying to build a budget hotel chain on the lines of China Lodging and Homeinns. The average daily rate of FabHotels’ rooms tends to be around Rs.1,800-2,000 per night. The market opportunity in the budget hotel segment in India, too, is huge, said Aggarwal.

Source: Mint June 27, 2016 19:30 UTC