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Mantri Developers has entered into a strategic partnership with Bonjour! to introduce a new budget hotel (affordable luxury segment) concept to India.
The collaboration will pave the way for the development of multiple new hotels in Bengaluru and south India.
Sushil Mantri, Chairman of Mantri Developers, said, “We believe this partnership with Bonjour! certainly furthers this goal as we leverage on each other’s strength and business acumen to benefit and reach out to a larger section of the audience. We look forward to the opening of these first properties in Bengaluru, as well as across our target cities in South India.”
Aditya Sikri, Chief Executive Officer Retail and Commercial of Mantri, said “It is exciting to partner with such an innovative brand as Bonjour! and to enter a segment that is today radically underserved. Strengthening our belief in providing affordable luxury to our consumers, this coming together of the two brands aims to create significant value as we expand our footprint in the hospitality sector”.
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