IHCL to Open 10 New Ginger Hotels in Southern India

The Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the signing of an agreement to launch 10 new Ginger hotels across southern India.

This expansion will be executed under a capital-light operating lease model, reinforcing IHCL’s asset-light growth strategy. The upcoming hotels will be a mix of greenfield and brownfield projects, targeting key industrial and spiritual destinations across southern states. The first property under this partnership is a 75-key Ginger Hotel in Genome Valley, Telangana, the state’s premier R&D hub.

Key Highlights

• IHCL to launch 10 new Ginger hotels across southern India
• First hotel: 75-key Ginger in Genome Valley, Telangana
• JV Ventures to invest INR 500 crores for 1,000+ keys in 3 years

Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL said, “Ginger represents IHCL’s strategic response to capitalize on the growing opportunity in the midscale segment in India for the aspirational traveller. The brand with its relevancy straddles all city categories and destinations from metros, state capitals, commercial centres, industrial townships, pilgrimage sites and leisure hot spots. Signing of this framework agreement for 10 Ginger hotels across the southern states is reflective of this potential. We are delighted to expand the Ginger brand with Madison, the hospitality platform of Terminus Group and JV Ventures.”

Marking the first branded hotel in the region, it will feature Ginger’s signature all-day dining restaurant Qmin, offering diverse culinary experiences. Guests can also access a well-equipped fitness center and meeting spaces, catering to both short and extended business stays.

The partnership, announced with JV Ventures, involves an investment of approximately INR 500 crores over the next three years, covering the rollout of ten hotels with 1,000+ keys. Jasmeet Chhabra, Co-Founder of JV Ventures, emphasized that the collaboration will strengthen the hospitality ecosystem in emerging industrial corridors and spiritual towns across southern India.

S.P. Reddy, Co-Founder, Madison, said, “Ginger Genome Valley asset will support Genome Valley Industrial corridor with its modern business facilities and social spaces to foster collaboration within this dynamic ecosystem. Significantly, this marks the first time such a comprehensive hospitality offering is available within the cluster, after over two decades of its operation.”

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This development underlines IHCL’s commitment to expanding its midscale Ginger brand, which combines affordability, functionality, and modern design to meet the growing demand for quality accommodations in Tier 2 and Tier 3 cities. With this agreement, IHCL continues to enhance its leadership position in India’s fast-growing hospitality market while creating value for business and leisure travelers alike.