MoneyWorks4Me

Indian Hotels on track to achieve targetted portfolio of 300 hotels by 2025

26 Aug 2022 Evaluate

Indian Hotels Company (IHCL) is on track to achieve its targetted portfolio of a total of 300 hotels by 2025, driven by an asset-light model to achieve profitable growth. The company currently has 242 hotels, including 61 under development, in total across brands such as the Taj, SeleQtions, Vivanta, and Ginger with a combined 29,000 rooms.

Under its 'Ahvaan 2025' strategy, IHCL will expand its footprint in relatively untapped destinations such as North East India besides key global markets that have substantial customer crossover with India, through strategic partnerships.

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 732.25
ITC Hotels 158.85
Mahindra Holi.&Resor 198.85
EIH 318.00
Chalet Hotels 867.45
View more..