According to Financial Chronicle’s interview with Prabhat Pani, CEO, Ginger Hotels, the Ginger Hotels group plans to launch 60 to 70 properties in India, within the next three to four years. The company has adopted a new method of refurbishing existing properties, instead of buying land for new hotels. So far, investment in the Indian […]
Tag: Hotel Group
Real estate major ventures into hospitality with Ramada tie-up
April 16, 2008 – 7:45 am
Pune-based promoter and developer, the Amrut Runwal Group, is all set to venture into the hospitality industry. The group will begin with a five star property in Pune, which is scheduled to open by June 2009. “In order to diversify business operations, the Amrut Runwal Group decided to enter the hospitality industry. Since Pune is […]
