IHCL to complete 43 projects over 3-4 years

 This will result in an addition of 10,000 to 12,000 rooms to the Taj Chain of hotels, said IHCL Managing Director Raymond Bickson said on the sidelines of a summit organised by the Hotel Investment Forum India here.

That apart, the Tata group company plans to hive off its international properties into a separate company, he said.  Responding to a poser, Bickson said the majority of these (addition) will be in India.

“We have planned growth for Ginger, Gateway, Vivanta and Taj. But outside India, it will be just with Taj,” he said adding that the IHCL was also looking at various options to raise funds, but declined to elaborate on this. The company is planning to increase the number of Ginger hotels to 150-200 this decade, he said. Currently, there are 30 hotels under this brand in the country.

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