According to Financial Chronicle’s interview with Prabhat Pani, CEO, Ginger Hotels, the Ginger Hotels group plans to launch 60 to 70 properties in India, within the next three to four years. The company has adopted a new method of refurbishing existing properties, instead of buying land for new hotels.

So far, investment in the Indian expansion has been Rs 250 Crores. The group’s first Delhi property (13th Indian property) is the hotel group’s maiden collaboration with a government body like the Indian Railway Catering and Tourism Corporation (IRCTC). Ginger Rail Yatri Niwas, which is an upgraded version of the pre-existing hotel, launched under a PPP model.

In North India, Ginger Hotels has a property under construction in Ludhiana, which is coming up on the fourth and fifth floor of a mall. The company is developing its business model, as well. The hotel group will look to enter Lucknow, Faridabad, Ajmer, Noida, Baddi, Kota, Bhilwara, Jodhpur, Gurgaon etc. Pani declined to comment on international developments.