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Ginger Hotels Looking To Sell Six Properties


              Budget  hotel  chain  Ginger  driven.  The  company  has  new look of the hotels.”
        t     Hotels  is  looking  at  selling  released  a  mandate  to  In February this year, IHCL,
              six  properties  in  locations  consulting  firm  Horwath  which  operates  the  Taj
        h     like  Goa,  Whitefield  HTL  Corporate  to  proceed  Group  of  hotels,  had
              Bengaluru,  Mysuru  and  with the sale process, and is  unveiled  the  'Aspiration
              Pondicherry,  according  to  considering  a  sale  and  2022' strategy to improve its
        g     people  aware  of  the  lease  back  arrangement,  EBIDTA  margin  from  17%

              development.                    the persons cited earlier told  now to 25% by 2022 under
        i     The  move  is  seen  aligned  ET.  A  top-notch  brand  its  new  managing  director,
              with  the  'Aspiration  2022'  consultant  DY  Works  has  P u n e e t   C h h a t w a l .
        s     strategy  unveiled  by  its  helped    the  new  Ginger  Roots  Corporation,  which
              parent,  Indian  Hotels  brand  identity  .A  German  operates Ginger Hotels, is a
        n     Company  Ltd  (IHCL),  to  company,  JOI  Design,  has  subsidiary of IHCL.
              become  less  ownership  done  the  interiors  for  the
        I
        s     Govt May Lease Out Ashok Hotel By Dec 2018



              Government of India is seeking to lease out  Ministry of Tourism and the Department of
        s     The Ashok Hotel in New Delhi by Dec 2018.  Investment and Public Asset Management


        e     The hotel is operated by the Indian Tourism  are  drafting  a  deal  structure,  which  is

              Development  Corporation  (ITDC).  The  expected to be open-ended.
        n


        i     Marriott International to

        s     Trial Facial Recognition Technology


        u     Marriott  will  begin  testing  The pilot is slated to kick off  after identities and booking

              f a c i a l   r e c o g n i t i o n   this  month  at  Hangzhou  information is verified.
        B     technology  at  two  of  its  Marriott Hotel Qianjiang and      The  fact  that  Marriott  is
              properties in China from Jul  Sanya  Marriott  Hotel
                                                                              rolling the technology out in
              2018.  Marriott International  Dadonghai Bay. If all goes
        a     is  partnering  with  Alibaba  well,  there  will  be  a  global   China likely has much to do

                                                                              with  market  research  from
        i     Group  to  test  facial  rollout  across  all  Marriott         Ipsos showing that Chinese
              r e c o g n i t i o n   c h e c k - i n   International  properties  in
                                                                              travelers  have  a  strong
              technology  at  two  of  its  the future.
        d     properties in China.                                            interest in new technologies
                                              The  technology  allows  in hotels. In fact, more than
        n     The  technology,  being  guests to simply scan their  60  percent  expressed  a

              created by Fliggy, Alibaba's  IDs, take a photo and input  preference  for  facial
        I     travel  service  platform,  contact  details  on  a  self-      recognition technology.

              reduces  check-in  time  to  h e l p   m a c h i n e .   T h e
              less  than  one  minute,  intelligent  device  then
              according to Marriott.          dispenses  room  key  cards
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