Ginger Hotels

Ginger is an Indian budget hotel chain established by Roots Corporation Limited, part of Indian Hotels Company Limited, a subsidiary of the Tata Group.

GINGER - An IHCL Brand
FormerlyINDI-ONE hotels
TypePrivate Limited Company
IndustryHotels
Founded2004
HeadquartersVikhroli,
Mumbai
,
India
Number of locations
50 properties at 34 locations
Area served
India
Key people
Deepika Rao (Managing Director & Chief Executive Officer)
Sanjay Arora (Head Finance)
Tarun Lakhanpal (Chief Revenue Officer)
ParentTata Group
Websitewww.gingerhotels.com

History

Ginger Hotel at Bistupur, Jamshedpur

The first hotel was opened in Whitefield, Bangalore in June 2004.[1]

In March 2013, Ginger Hotels opened its 27th location.[2] In 2014, the group announced its plan to double the number of its locations to reach 50 hotels.[1]

In 2018, IHCL announced its plan to double the number of Ginger Hotels to reach 100 hotels, and rolled out a new branding across its existing locations.[3] The hotels' modernized design was first introduced at the Goa location.[4][5]

In 2019, IHCL engaged in an asset-light strategy and announced it would sell and lease-back 5 to 10 Ginger Hotels locations.[6]

Description

Roots Corporation Limited is a subsidiary of the Indian Hotels Company Limited (IHCL), part of the Tata Group. It is India’s largest hotel chain with more than 70 properties in India and abroad.

See also

References

  1. "Tata group to double 'Ginger' budget hotels by 2015". Firstspot.com. 20 December 2014. Retrieved 26 November 2019.
  2. Madhurima Nandy (19 March 2013). "Guests want efficiency, not discounts at Ginger Hotels: Mohankumar". Livemint.com. Retrieved 26 November 2019.
  3. Bidya Sapam (10 December 2018). "Indian Hotels revamps Ginger brand, eyes profit by FY19-end". Livemint.com. Retrieved 26 November 2019.
  4. Ashish K. Tiwari (10 December 2018). "IHCL's Ginger to unveil first rebranded, full-service hotel in Goa today". Dnaindia.com. Retrieved 26 November 2019.
  5. "Ginger Hotel Goa, Panaji". Hospitality-net.org. 21 December 2018. Retrieved 26 November 2019.
  6. Prabhjote Gill (9 August 2019). "Taj Hotels wants to turn asset light with its sell-and-lease-back strategy". Businessinsider.com. Retrieved 26 November 2019.
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