Grace Holidays general manager Godwin Miranda said the opening was timely as there was a demand-supply gap for budget hotels in the city. "The LCCs (low-cost carriers) have made it more affordable for young people to travel. They save on accommodation but spend more on sightseeing. Even business travellers are looking for budget hotels with basic facilities." Miranda added that the hotel's location, close to the commercial and business areas, was a plus point.
-TTG Asia.
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