MoneyWorks4Me

Indian Hotels Company signs fourth ginger hotel in Kochi

10 Feb 2023 Evaluate

Indian Hotels Company (IHCL) has signed fourth hotel under the Ginger brand in Kochi, Kerala. With this addition IHCL will now have six hotels across its brands in the city. The hotel is a fully fitted lease. The 73-key hotel is strategically located in the central business district at MG Road. It is at a drivable distance from Cochin Airport as well as important tourist destinations. The hotel will house an all-day diner - Qmin, offering a variety of global and local favourites, a banquet hall, swimming pool and a fitness centre.

Kochi is the most important commercial and industrial city in the state of Kerala. Called ‘Queen of the Arabian Sea’, it is also a major tourist destination. With the addition of this hotel, IHCL will have 16 hotels across Taj, SeleQtions, Vivanta and Ginger brands across Kerala including four under development.

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, midmarket and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
View more..