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Chototel ( www.chototel.com) is building super-budget hotels, where tariffs start from U.S. $2/day with uninterrupted electricity, water, gas and social infrastructure. With the use of innovative technologies such as steel-framed dry construction; closed-loop, off-grid utility systems; microbots and big data processing to manage unmanned operations and billing; and real-time financial and cash transfer technologies, Chototel hotels address a hitherto underserved target market consisting of a demographic otherwise thought as market unviable. Chototel is a member of the Social Stock Exchange, London (www.socialstockexchange.com)

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Chototel chooses India to build its first $2 per day hotel

More Released on May 9, 2016