Ginger Hotels

IHCL Signs Framework Agreement For 7 New Ginger Hotels, Adding 1,000 Keys

Indian Hotels Company (IHCL),India’s largest hospitality company, today announced the signing of a framework agreement for 7 new Ginger hotels. The agreement marks a significant step in expanding the Ginger brand in key cities in north India.

Key Highlights
- Announcement Date: February 3, 2026
- Partnership: IHCL with Rajdarbar Group
- Scope: Development of 7 new Ginger hotels in North India
- Capacity: Over 1,000 rooms ("keys") added to the Ginger portfolio
- First Opening: 59-key Ginger Gurugram, Sector 1 (Palam Vihar, Haryana)

Locations in the Pipeline
- Jaipur
- Agra
- Mathura
- Vrindavan
- Hisar
- Karnal
(Mix of greenfield and brownfield developments under fully fitted lease arrangements)

Strategic Importance
- Midscale Demand: Driven by India’s economic growth in manufacturing and services, plus rising aspirational travelers.
- Tier-2 City Focus: Rajdarbar Group emphasizes the potential of Tier-2 cities in North India, aligning with Ginger’s lean-luxe positioning.
- Brand Expansion: Ginger continues to grow as IHCL’s midscale brand, complementing luxury (Taj), upscale (Vivanta, SeleQtions), and wellness (Atmantan) offerings.

About Rajdarbar Group
- Founded by Dr. Rakesh Kumar Garg
- Active in commercial and residential real estate across Delhi, Gurugram, Jaipur, Agra, Mathura, Karnal, Hisar, Kosi, and Sirsa
- Delivered 19 projects across 7 states in two decades
- Notable project: Embassy Tech Village, Bangalore (largest SEZ, developed with Blackstone & Embassy)

IHCL Snapshot
- Portfolio: 615 hotels (255 in pipeline) across 14 countries and 250+ locations
- Brands: Taj, Claridges Collection, Brij, Atmantan, SeleQtions, Gateway, Vivanta, Tree of Life, Ginger
- Market Position: India’s largest hospitality company by market capitalization, listed on BSE & NSE

In essence: IHCL’s deal with Rajdarbar Group marks a major expansion of the Ginger brand, targeting Tier-2 cities in North India and adding over 1,000 rooms to its portfolio. This strengthens IHCL’s presence in the midscale segment, complementing its luxury and upscale offerings.

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