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Indian Hotels Company signs agreement with Bengaluru Airport City

09 Jun 2021 Evaluate

Indian Hotels Company (IHCL) has signed an agreement with Bengaluru Airport City (BACL) for a 775-room hotel at Kempegowda International Airport, Bengaluru (BLR Airport). It will be a combination of a 450-room'Vivanta' and a 325-room ginger hotel. This will be a management contract with BACL to operate another hotel at BLR Airport where IHCL already operates Taj in Bangalore.

Indian Hotels Company 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, midmarket and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 737.20
ITC Hotels 158.35
Mahindra Holi.&Resor 199.00
EIH 303.90
Chalet Hotels 873.00
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