Indian conglomerate, Tata Group, is planning to expand its budget chain of Ginger hotels from the current 20 to approximately 70 hotels by 2014.
This plan translates to the addition of approximately 5,000 rooms, given the average of 100 rooms per hotel for the Ginger chain.
Presently, the development for Ginger hotels is already underway in cities such as Chennai, Surat, Indore, Tirupur, Manesar and Lucknow.
The group has identified the mid-tier hotel segment in India as a growth market with immense potential as there is currently lesser focus on this segment by developers.
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