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Indian Hotels Company’s Ginger signs new hotel in Rajasthan

23 Aug 2019 Evaluate

Indian Hotels Company’s subsidiary -- Roots Corporation’s Ginger has signed of a new hotel in Udaipur in the state of Rajasthan. This will be the second Ginger hotel in the state. The hotel will offer 96 well-appointed rooms, an all-day diner and bar, a banquet hall and fitness centre. The hotel is a fully fitted lease and is slated to open in early 2022.

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.

Peers
Company Name CMP
The Indian Hotels Co 741.40
ITC Hotels 161.30
Mahindra Holi.&Resor 202.70
EIH 301.20
Chalet Hotels 891.15
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