Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Indian Hotels to roll out 30 Ginger Hotels by ’10
BackBack

Indian Hotels to roll out 30 Ginger Hotels by ’10

Indian Hotels to roll out 30 Ginger Hotels by ’10

Premium

Mumbai: Indian Hotels Co. Ltd has maintained it will roll out 30 Ginger hotels by 2010, even as the sector is witnessing a slowdown led by a fall in occupancy rates and cut in tariffs in the wake of flagging demand.

Ginger is Indian Hotels’ budget hotel brand, operated by 100% owned subsidiary Roots Corp. Ltd.

The firm on Monday launched its 17th Ginger Hotel in Mangalore, Karnataka.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 16 Mar 2009, 10:46 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie