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Indian Hotels Company’s Ginger inks new hotel in Goa

13 Sep 2019 Evaluate

Indian Hotels Company’s subsidiary -- Roots Corporation’s Ginger has signed a new hotel in Candolim in the state of Goa; thus taking the brand’s presence to four hotels in Goa. The brand is already present in Panaji, Dona Paula and Margao.

This hotel is on a fully fitted lease and is slated to commence operations in early 2022. With the signing of this hotel, Indian Hotels Company will increase its portfolio to 13 hotels in Goa.

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 742.10
ITC Hotels 161.40
Mahindra Holi.&Resor 201.95
EIH 301.20
Chalet Hotels 902.60
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