Business Daily from THE HINDU group of publications
Wednesday, Mar 07, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Hotels
States - West Bengal
Buddhadeb to open `Ginger' hotel in Durgapur today

Our Bureau

Roots Corp plans big foray in East; Haldia, Kharagpur, Siliguri next in line


`No frills'
It will be 101-room hotels in the smart basics category, each entailing an investment of Rs 10-11 crore
About eight hotels are now under construction, and the plan is to complete about 25 properties by end 2008.
Company looking at a slightly larger format (150 rooms), like the project coming up at Goa

Advertisement
Bharat Matrimony

Kolkata March 6 After `no frills' airlines, it's now the turn of `no frills' branded hotels costing Rs 1,000 a night. No bell hop, no valet service, no one to tip, but certainly a flat screen TV, Internet connectivity, tea/coffee maker in the room and of course a self-controlled AC.

Roots Corporation Ltd, a fully owned subsidiary of Tatas' Indian Hotels Company Ltd, has planned a major foray in the eastern region, including North East, through its "Ginger'' brand affordable hotels for the business traveller.

The first such 101-room `Smart Basics' hotel in West Bengal will be opened in Durgapur on Wednesday by the State Chief Minister, Mr Buddhadeb Bhattacharjee. This will be the second in eastern India, after Bhubaneswar in 2006. The hotel in Durgapur is the latest addition to the growing chain of Ginger hotels across the country, which includes Bangalore (first hotel), Haridwar, Bhubaneswar, Mysore, Thiruvananthapuram and Pune.

Expansion plans

Briefing newspersons here on Tuesday on the company's expansion plans, Mr Prabhat Pani, CEO, Roots Corporation, said the company has signed a MoU with Bengal Pragati Infrastructure Ltd, one of the joint venture companies of West Bengal Industrial Development Corporation, for a hotel project in New Town, Rajarhat and other 3-tier city locations in Bengal such as Haldia and Kharagpur and Siliguri in North Bengal.

All these will be 101-room hotels in the smart basics category, each entailing an investment of Rs 10-11 crore, excluding the cost of land. He put land requirement for the Ginger hotels at a little below one acre. The company is also looking at a slightly larger format (150 rooms), like the project coming up at Goa.

Mr Pani said about eight hotels are now under construction, and the plan is to complete about 25 properties by end 2008. Work on Ginger hotels in Goa, Puducherry and Agartala has already commenced, and the plan is to start work on other hotels in Pantnagar, Vadodara, Tirupur, Guwahati, Nashik, Ludhiana, Jamshedpur, New Delhi, Mangalore, Paradip and Ahmedabad within the next couple of months.

He said the plan is to tap niche markets and target customers looking for a branded product at a viable price, making it a profitable proposition for the business traveller. "We have created a new category in the domestic hospitality landscape, while giving a major fillip to Indian tourism and other ancillary industries. Room tariff is pegged at Rs 999 for a single and Rs 1,199 for a double, plus taxes,'' Mr Pani said.

More Stories on : Hotels | West Bengal

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
`CEOs to blame for a co's reputation loss'


Placements begin at IIM-B
Plywood makers reduce prices by 3%
`Growth-oriented Budget'
Cement makers meet Chidambaram
Making permanent worker a `badli' meant change of status: HC
The poor pay a high price
Sikkim Plan outlay fixed at Rs 691 cr
Chidambaram to address RBI board on Friday
Ministry-led team to take part in NE Council meet
Border trade
Buddhadeb to open `Ginger' hotel in Durgapur today
`Efforts on to finalise issues pertaining to Iran pipeline project'
Gemini bags Rs 75-cr TNEB order
BHEL's boiler drum flagged off
Tax on new services likely to fetch Rs 2,000 cr
`Education cess must be spent properly'
Funds disposal at SIDBI `swift'
Tata Sky investing Rs 3,000 cr in expansion
`Managers need to harness creative abilities'
`Effective mechanism needed to take benefits to end user'
Ground reality!
NPCIL to add 10,000 MW capacity using imported fuel
EU presses for cuts in top-up duties on wine, spirit
Budget's rural focus can stimulate India Inc
State plans infrastructure finance corpn for tourism
Govt to set up helipads at major tourist spots
Pirated software worth $2.1 m seized in India last year


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line