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IHCL’s Ginger Hotels launches first hotel in Chandigarh

01 Feb 2014 Evaluate

The Indian Hotels Company’s (IHCL) subsidiary - Roots Corporation’s Ginger Hotels, has launched its first hotel at Chandigarh in Punjab. With the launch of its new hotel, Ginger now has the largest pan India presence with 30 hotels across India and more in the pipeline.

The hotel which will cater to the industrial and commercial sectors is based on the unique concept of ‘Smart Basics’ that exemplifies smart and chic services, all at an affordable price point. Ginger Chandigarh is a perfect choice for business travelers at an inaugural offering of Rs 2,199 for single occupancy and Rs 2,699 double occupancy.

Roots Corporation has entered into an agreement for managing the 102-room hotel owned by Hind Inns and Hotels. The launch of this property will mark Hind Inns and Hotels foray in to the hospitality sector.

Peers
Company Name CMP
The Indian Hotels Co 737.20
ITC Hotels 158.85
Mahindra Holi.&Resor 199.15
EIH 303.70
Chalet Hotels 872.55
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