IHCL INKS 300 KEYS GINGER HOTEL AT MOPA, GOA
L-R: Mr. Puneet Chhatwal, MD & CEO, IHCL and Mr. Aman Kapoor, CEO, Airport Land Development, GMR
MUMBAI, FEBRUARY 8, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Ginger hotel at Manohar International Airport (MOPA) in Goa. The 60-year sub-license agreement was signed between GMR Goa International Airport Limited (GGIAL) and Roots Corporation Limited (RCL), a wholly owned subsidiary of IHCL.
Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “With the rapidly growing country’s airport infrastructure, the signing of a Ginger at the new Manohar International Airport, Goa is in line with IHCL’s growth plan of being present across key transit hubs. This will be the third large format Ginger hotel at an international airport after Mumbai and Bengaluru, catering to the growing demand that these nodal centres generate.”
He added, “This is the beginning of a strategic partnership with the GMR Group which will unlock synergies between IHCL’s hospitality eco-system of multiple hotel brands and businesses including QSR and air catering to GMR’s growing airport presence in the country.”
The 300-key hotel spread over two acres will be a part of the well-planned aero-city development with retail and hospitality presence in the first phase. The hotel will feature Qmin, the signature all-day diner offering a variety of global and local favourites and a well-equipped fitness centre. It will cater to both business as well as leisure travellers. It is slated to open in 2027.
Speaking on this occasion Mr. Aman Kapoor CEO, Airport Land Development, GMR said, “GMR aims to develop the nation’s first Aerocity in the Western Hemisphere ‘GMR Goa Aerocity’. Signing of this strategic agreement kick starts a new chapter in urban lifestyle experience. GMR Goa Aerocity will be a one-stop solution for lifestyle entertainment, hospitality and shopping needs of the passengers from all over the world as well as the local populace of Goa. However, this is not the first Aerocity that GMR Group is developing. The success of the Delhi and Hyderabad Aerocities is a testament to the strategic brilliance and operational excellence of the Group.”
Goa is one of India’s most popular tourist destinations with its sandy beaches, active nightlife and World Heritage-listed architecture. It is also an important industrial and manufacturing hub.
With the addition of this hotel, IHCL will have 15 hotels in Goa, including 4 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 India’s Strongest Brand 2023 as per Brand Finance; 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 285 hotels including 85 under development globally across 4 continents, 13 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
Please visit: www.ihcltata.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com
For more information, please contact: kirti.dhingra@ihcltata.com