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GINGER HOTEL CHAIN
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
A South Korean startup captures workers' techniques to develop AI brains for robotsSouth Korean AI startup RLWRLD is creating a vast library of human expertise by capturing skilled workers' actions, like hotel staff foldin...
IHCL's Ginger brand is leading mid-scale opportunity in India: MD and CEO Puneet ChhatwalTata Group-backed Indian Hotels Company Ltd (IHCL) has agreed to buy around 51% stake each in ANK Hotels Pvt Ltd and Pride Hospitality Pvt ...
IHCL inks agreements to acquire 51% stake in ANK Hotels and Pride Hospitality for Clarks Hotels & ResortsIndian Hotels Company (IHCL) is set to acquire a 51% stake in ANK Hotels and Pride Hospitality for approximately ₹204 crore, adding 135 hot...
IHCL Q1 profit rises 19% YoY; records 13th straight quarter of growth despite global headwindsIndian Hotels Company, backed by Tata Group, announces impressive first quarter results. Revenue reached ₹2,102 crore, a 32% increase. Prof...
IHCL reports Q1 revenues of Rs 2,102 crore, PAT at Rs 296 croreTata-backed Indian Hotels Company (IHCL) posted a 32% YoY revenue growth at ₹2,102 crore and 19% profit rise to ₹296 crore in Q1FY26. Stron...
Ginger Hotels, TajSATS to lead growth of Indian Hotel’s new businessesIndian Hotel Company (IHCL) plans to expand its new businesses, including Ginger Hotels and TajSATS, to 25% by the next few years. The valu...
Indian Hotels soars 5% on reporting profit in Q4 vs loss a year agoThe hotel chain reported revenue from operations of Rs 872 crore in Q4FY22 compared with Rs 615 crore in the corresponding period of the pr...
Ginger Hotels plans brand revamp in mid-market pushThe hotel chain will mostly look at leasing opportunities in metro cities, will not invest in new assets, and will sell some of its existin...
Hotel chain Ginger shifts focus, to target the youngRahul Pandit is moving fast to change Ginger's focus from just 'basic and no-frills' to a 'value-for-money and desirable' brand targeted at...
Lemon Tree Hotels' president and executive director Rahul Pandit quitsHe earlier had a stint at Tata Group's Indian Hotels Company, working in different operations roles at the Taj Hotels unit between 1994 and...
- Roots Corporation plans to have 50 Ginger hotels by 2015
Roots Corporation said on Monday that it plans to have 50 Ginger Hotels in operation by 2015.
- Tata group to invest over Rs 600 crore to open 55 Ginger hotels
Tata group's Roots Corp that runs mid-budget hotel chain Ginger, said it will invest over Rs 600 cr in next 4 yrs to open 55 new properties...
- Tata Capital's PE buys 10% in Ginger Hotels
The stake-purchase in Ginger was completed by the $550 million Tata Opportunities Fund and it marks the one-year-old fund's debut investmen...
- Checking in again: IHCL in talks with Orient Express Hotels
Indian Hotels Company plans to increase the number of Gateway hotels to 50 from 32 within three years.
- RCL setting up 'ginger' hotel chain
Roots Corporation of India a subsidiary of IndIan Hotels Company Limited, would invest an estimated Rs. 80 crore for setting up seven/eight...
- Roots plans to raise $100 mn
Indian Hotels arm may offload promoters' 20% to PE players to part finance expansion of budget hotel chain Ginger.
- Roots plans to raise $100 mn
Indian Hotels arm may offload promoters' 20% to PE players to part finance expansion of budget hotel chain Ginger.
- Ginger changes plan, books room in malls
Unviable real estate prices has forced Ginger, Tata's smart basics budget hotel to rework its business strategy for the Indian market.