IRCTC Ginger Hotels
IRCTC to open four new hotels partnering with Tata Group's Ginger brand
New Delhi/IBNS: Even as the hospitality sector continues to reel under the impact of the pandemic, Tata Group and state-run Indian Railway Catering and Tourism Corp (IRCTC) have joined hands to open four more budget hotels in Lucknow, Khajuraho and Kevadia under Ginger Hotels' brand, said media reports.
Lucknow, the capital city of Uttar Pradesh, will get two hotels under the expansion while Kevadia and Khajuraho will get one each at an investment of around Rs 200 crore, said a Money Control report.
For the project, IRCTC is partnering with Roots Corp, a subsidiary of The Indian Hotels, a Tata Group company.
The hotels will be built as a public private partnership (PPP) model. IRCTC will purchase the land from respective state governments and outsource the development of the hotels.
IRCT plans to earn revenue from these hotels in the form of commission from vendors who will be picked up through tenders.
IRCTC already owns the Ginger-IRCTC Rail Yatri Niwas in New Delhi, Sampath Rail Yatri Niwas in Howrah and two BNR Hotels in Puri and Ranchi.
The state-run company is looking to diversify its operations from its current ticketing platform and earn revenue through its hospitality wing.
IRCTC also offers hotel bookings on its website and has about 7,200 hotels for the customers to choose from while it plans to bring more hotels on board.
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