Credit rating agency, CARE has assigned ‘A+’ rating to Oriental Hotels’ long term bank facilities worth Rs 100 crore. The rating assigned to bank facilities of Oriental Hotels (OHL) derives strength from the longstanding track record of operations of the company with two well-established properties in Chennai, benefits derived from being part of the Taj group including the synergy of operations with the Indian Hotels Company (IHCL) & its associates and demonstrated funding support from the group.
Oriental Hotels (OHL) is a Taj group hotel arm. The Group’s principal activities are to own and operate hotels and restaurants.
