Indian Hotels Company (IHCL), a hotel major, stated that it had signed an operating lease with Himalaya Elanza Private Limited for a 110-room Ginger hotel in Ahmedabad.
With the acquisition of this hotel, IHCL will have 16 hotels in Gujarat across brands, three of which are currently under construction. There are currently three Ginger hotels in Ahmedabad, and this one will be the company’s fourth.
According to IHCL, an existing property will be renovated and enhanced to the Ginger brand before opening in the city in 2022.
“A key economic and industrial hub, Ahmedabad is a leading metro with significant tourism potential. The signing of this Ginger hotel is in line with IHCL’s vision of strengthening our presence in key domestic markets. With this, IHCL will now have six hotels across brands in the city,” IHCL Executive Vice President – Real Estate and Development, Suma Venkatesh, said.