Ginger & Spice: Tata-backed IHCL's new business has growth flavour
Indian Hotels Company (IHCL) is focusing on expanding its new businesses, including Ginger, Qmin, ama Stays & Trails, and the Tree of Life brand, to address India's diverse market and diversify revenue and non-linear revenue growth businesses. Puneet Chhatwal, managing director and chief executive, said the strategic rationale for new businesses is to address India's varied market and diversify IHCL's revenue and non-linear revenue growth businesses, capital light businesses, and those yielding high margins.
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