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Acquisition of Clarks takes IHCL's portfolio to 550 properties, 55k rooms
The New Indian Express Kollam
|August 13, 2025
INDIAN Hotels Company Limited (IHCL) expects a significant boost for its midscale brand - Ginger Hotels - following the acquisition of controlling stake in ANK Hotels and Pride Hospitality which runs Clarks Hotels & Resorts.
The Tata Group company, which also operates Taj brand of hotels, announced that its combined portfolio has surpassed 550 properties with 55,000 rooms. IHCL inked a distribution agreement with Brij Hospitality. This acquisition is being touted as one of the largest in India's hospitality industry in terms of capacity addition.
This story is from the August 13, 2025 edition of The New Indian Express Kollam.
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