P N GADGIL JEWELLERS LIMITED INITIAL PUBLIC OFFERING TO OPEN
IHCL DEBUTS IN KOLHAPUR, MAHARASHTRA WITH THE SIGNING OF A GINGER HOTEL
MUMBAI, July 12, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of its first hotel in Kolhapur, Maharashtra under the Ginger brand. The hotel is a Greenfield project and will be designed around the brand’s lean luxe design and service philosophy of offering a vibrant, contemporary, and a seamless hospitality experience to its guests.
Commenting on the occasion, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, stated, ” IHCL with its diverse portfolio of brands has witnessed a rapid expansion in Tier 1 and 2 cities. Well known for its tourism potential and an established commercial hub, Kolhapur is one of the leading cities in the state of Maharashtra. We are delighted to partner with Jeswani Group for this Ginger hotel.”
The 100-key hotel is strategically located in the city centre at a short driving distance from both the Kolhapur airport as well as important commercial districts. The hotel will feature Qmin, the signature all -day-diner offering a wide range of delectable culinary options. Additionally, there will be a well-equipped fitness center and meeting rooms.
“We are excited to be associated with IHCL, India’s leading hospitality company. This will be the first Ginger hotel in the city of Kolhapur.” said, Ramchand Jeswani, Managing Director, Jeswani Group. of Companies
Kolhapur, located on the banks of Panchaganga River, is renowned for its rich cultural heritage and historical significance. The city attracts tourists from around the world with its magnificent temples, exquisite architecture, and traditional arts and crafts.
With the addition of this hotel, IHCL will have 31 hotels in Maharashtra, including 11 under development.