Indian Hotels Company is reportedly revamping its budget hotel brand Ginger and is looking to sell some of its assets to make it profitable by the end of FY19. As a part of strategy to achieve profits in next four years, the company is also planning to increase the number of Ginger hotels to over 100 properties.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.
