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Indian Hotels inks management contract for hotel in Lonavala

25 Apr 2018 Evaluate

Indian Hotels Company (IHCL) has inked a new Taj hotel through a management contract with Wilds and Water Developers, a part of the Kakade Group, in Lonavala. The Taj branded resort will be located along the Lake Pawana, in over 30 acres, including 150 guest rooms.

IHCL and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 740.00
ITC Hotels 158.70
Mahindra Holi.&Resor 199.40
EIH 294.55
Chalet Hotels 839.75
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