Luxury guesthouses in Patna

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Buddha Heritage in Patna’s posh Patliputra area will give the best hotel in town a run for its money. This guesthouse has state-of-the-art interiors, well crafted and fitted rooms, the most expensive linen, flat LCD TVs, the artistry wooden works. Its has more to offer with wi-fi rooms, a choice of Indian/Continental/Chinese cuisine and a 24-hour reception and cafeteria.

Buddha Heritage in Patna can serve as a luxury corporate guesthouse, which are fast rising up stay options to employees, which can put any luxury hotel in Patna to shame. For companies, it's a cost-effective way of keeping their travel-weary flock together, swathed in luxury and daisy fresh for work the morning after. And for the guesthouse maintenance fraternity, it's business growing at 40% clip a year and super-profits accruing, courtesy growing affluence, a burgeoning business professional community in Indian companies, better exposure of Indian workers abroad and a shortfall of room nights in hotels in  Patna.

Maintaining guesthouses is a volume-driven business, with an annual gross margin of 18%-20% and even a bit more in Patna due to low labor cost in Bihar. With the advent of guesthouses like Buddha Heritage in Patna, the market for maintaining guesthouses will start getting organized, and players will start working across several formats. As the market gets organized, branding comes to the fore. And internet marketing would play a major role. This is one aspect where Guesthouses in Patna are lacking still. For example; one of the best guesthouses in Patna, Buddha Heritage’s website is no match to their otherwise great services.

In last two years in Patna, the definition of basic amenities for guesthouses has changed. Basic needs now include a basic gym, internet access in rooms, a board room and a meeting room. And in times to come we will need a swimming pool, health club and Jacuzzis, all of which are increasingly becoming an integral part of guesthouses in other parts of our country.

However, even after provision of all these facilities, a guesthouse costs less for companies than staying at a five-star hotel. We hope that in Patna real estate the coming years will witness a boom in corporate and luxury guesthouses such as Buddha Heritage owing to the skyrocketing hotel room rates already in Patna; though Patna still unfortunately has no World class hotel facility. Amazingly there are no 5 star hotels in Patna, the capital of Bihar. The mushrooming of guest houses in Patna though is a good news for real estate Patna.