MUMBAI, AUGUST 2, 2022: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of its fifth Ginger hotel in Ahmedabad. Located at Changodar, the hotel will be part of a mixed-use development project. This hotel is an operating lease with the Thakur Group of Companies.

Commenting on the signing, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Aside from being an important manufacturing hub, Changodar is located in close proximity to Ahmedabad, a key commercial and industrial centre. This signing, our fifth hotel under the Ginger brand, is in line with IHCL’s strategy in being present in leading satellite cities across India. With the addition of this hotel, IHCL will expand its presence to seven hotels across brands in Ahmedabad. We are pleased to partner with the Thakur Group of Companies for this project.”

Strategically located on the Ahmedabad-Rajkot national highway, the hotel will be within easy driving distance from the Sardar Vallabhbhai Patel International Airport. With over 95 rooms, the hotel will also feature an all-day diner and fitness centre. The hotel will have multiple conference rooms and a banqueting hall, making this the ideal location to host business meetings and events. This Brownfield project is slated to open in 2024.

A prime business and residential region, Changodar’s industrial area encompasses a number of manufacturing and pharmaceutical industries. Located in the southern suburbs of Ahmedabad, Changodar is easily accessible by road from key cities and towns.

With the addition of this hotel, IHCL will have 17 hotels across brands in Gujarat including four under development.

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as the World’s Strongest Hotel Brand and India’s Strongest Brand as per Brand Finance Hotels 50 Report 2022 and India 100 Report 2022, respectively; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 240 hotels including 62 under development globally across 4 continents, 11 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.

Please visit: www.ihcltata.com.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com

For more information please write to: nairita.ghosh@ihcltata.com