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Indian Hotels Company signs two new hotels in Ayodhya

22 Apr 2023 Evaluate

Indian Hotels Company (IHCL) has signed two new hotels in Ayodhya, Uttar Pradesh. Both, Vivanta and Ginger branded hotels are Greenfield projects.

The complex with the two hotels, sprawled over five acres, is strategically located at a comfortable driving distance from the upcoming Ayodhya International Airport. The 100-room Vivanta will offer an all-day diner, large banqueting spaces, and recreational facilities including a pool, and health club. The 120-room Ginger will house Qmin, the all-day diner serving local and global cuisines, meeting rooms, and a fitness centre.

With the addition of this hotel, IHCL will have 19 hotels across Taj, SeleQtions, Vivanta, and Ginger brands across Uttar Pradesh including nine 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
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