HomeDiversityHospitalityIHCL signs agreement to develop 125-key Ginger Hotel in Atchutapuram

IHCL signs agreement to develop 125-key Ginger Hotel in Atchutapuram

The Indian Hotels Company (IHCL) has signed an agreement to develop a 125-key Ginger hotel in Atchutapuram, near Visakhapatnam, Andhra Pradesh. The greenfield property will be located within the Visakhapatnam Industrial and Pharma Zone and will mark the first branded hotel in the Atchutapuram cluster.

The hotel will offer Ginger’s signature lean luxe experience, featuring Qmin, its all-day dining restaurant and bar, along with a fitness centre and meeting facilities. The property will primarily cater to business and corporate travellers visiting the industrial hub.

Commenting on the development, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Atchutapuram is emerging as an important industrial and manufacturing hub in Andhra Pradesh. The signing is in line with IHCL’s strategy of expanding Ginger’s presence across high-growth economic centres and strengthening its footprint in emerging business destinations. We are delighted to partner with Madison for this project.”

Jasmeet Chhabra, Partner, Madison, said, “As the first branded hotel in the Atchutapuram cluster, Ginger will meet the evolving needs of business travellers drawn by the region’s industrial growth. Building quality hospitality into industrial parks is central to our vision of creating self-sustaining ecosystems, and Ginger’s lean, luxe format is the right fit for the needs of today’s business traveller.”

Atchutapuram is an important industrial and pharmaceutical hub in Andhra Pradesh, with several established industrial parks and special economic zones (SEZs). Following this addition, IHCL’s portfolio in Andhra Pradesh will comprise nine hotels, including four properties currently under development.

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