Indian Hotels Company has inaugurated its 100th property in India, the Vivanta in Gurgaon. The company is planning to increase its bouquet of hotels to 200 in the next six years.
With the latest property, the hospitality company now has 26 Vivanta hotels and plans to add 15 in the next five years. Of the existing hotels, 12 are newly built and 14 were converted from Taj to Vivanta, at present, Indian Hotels holds a market share of around 22 percent.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces. The Taj Hotels Resorts and Palaces currently has 93 hotels in 55 locations across India with an additional 16 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East.
| Company Name | CMP |
|---|---|
| Indian Hotel | 657.50 |
| ITC Hotels | 162.25 |
| EIH | 332.35 |
| Chalet Hotels | 791.05 |
| Mahindra Holi.&Resor | 268.20 |
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