To expand its presence in Gujarat, Indian Hotels Company Limited (IHCL) is considering expansion options in both greenfield and brownfield projects.
According to IHCL Executive Vice President Deepika Rao, the company has 19 properties in Gujarat, including 15 hotels that are now operating and 4 that are in the planning stages. IHCL recently opened the 111-room Ginger and the 175-key Vivanta in Ahmedabad.
All of the properties will be operational in the next three years (by 2025), she added. “In Gujarat, we are present in eight cities, some of which have IHCL’s multiple brands like in Ahmedabad, where it has Taj, Vivanta as well as Ginger. We are looking at similar opportunities in the state. We are also looking at new commercial hubs like Bharuch and Vapi, wildlife destinations and pilgrimages in the state,” Rao said.
The state is developing new satellite cities and industrial hubs that will provide growth opportunities, she noted. “We are looking for opportunities in the state, both green field as well as brownfield projects with good locations,” she said.
