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Lalphoul Invest Ltd Jobs
Industry : Insurance
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Ginger to invest Rs 204 cr to set up 17 budget hotels
MUMBAI: Indian Hotels Company Ltd's Ginger Hotels will invest over Rs 204 crore to set up 17 budget hotels in tier-II cities in the next 12 months. "In next 12 months, the total number of Ginger hotels will go up to 25 from the current eight. Each 100-room Ginger hotel on an average will be set up at a cost of Rs 11-12 crore, excluding the land cost, which varies from city to city," Prabhat Pani, CEO, Roots Corporation, which operates the Ginger gen-next 'smart basics' hotels
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Escorts cuts post of ED to size
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