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Indian Hotels Company signs two new hotels in Dhaka

18 Apr 2023 Evaluate

Indian Hotels Company (IHCL) has signed two new hotels in Dhaka, Bangladesh. The Taj and Vivanta branded hotels will be a part of an integrated complex that will also include hi-end retail. These are Greenfield projects.

The first mixed-use development project in Dhaka with the two hotels, is strategically located at Gulshan, a key business hub in the city and at a short driving distance from the Shahjalal International airport. The 230 room Taj and the 130 room Vivanta hotel will offer multiple new culinary options to the city.

Both the hotels will feature All -day -diners and bars and in addition the Taj will feature two speciality restaurants, a roof top bar and a Deli for on- the- go meals. It will also house large banqueting spaces, and recreational facilities including a pool, spa, gym and health club. The Chambers, Taj’s exclusive business club will launch its first outpost in Dhaka.

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
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