While most hotels and hospitality companies have halted their business, budget hotel brand FabHotels has been extending support to its clients and hotel partners, introducing new demand channels since before the beginning of the nationwide lockdown.
Vaibhav Aggarwal, Founder and CEO at FabHotelsThe story so farFounded in 2014 by Wharton School alumni Vaibhav Aggarwal and Adarsh Manpouuria, FabHotels provides budget hotels, primarily focusing on business hotel destinations.
As many as 80 FabHotels properties are being used to host medical staff.
The average rate per day ranges between Rs 1,200 and Rs 1,500, for budget hotels.
He says at present 300 out of 600 FabHotels properties are operational under various initiatives, and that the startup will continue to open its properties as per government regulations in different states.

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