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Indian Hotels Company signs new Taj resort in Bengaluru

29 Jun 2022 Evaluate

Indian Hotels Company (IHCL) has signed a new Taj resort in Bengaluru. This development project, under management contract with Sattva Homes from the Sattva Group, will also feature branded villas as part of the complex in the second phase. With the addition of this hotel, IHCL will have a total of 13 hotels with around 3,000 rooms in Bengaluru, including five under development.

The resort, spread over 45 acres, is located at Rajanukunte in North Bengaluru, within driving distance from both the city centre as well as the airport. The greenfield project will have 254 keys and 50 Taj branded villas. It will feature multiple restaurants and bars and a selection of adaptable meeting spaces with outdoor areas, ideal for hosting both business and social events, making it the perfect getaway from the city. Guests will also be able to enjoy recreational facilities such as a pool, fitness center and the award-winning Jiva spa.

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 744.60
ITC Hotels 155.95
Mahindra Holi.&Resor 200.45
EIH 309.30
Chalet Hotels 859.70
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