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Indian Hotels Company signs Vivanta-branded hotel in Guwahati

14 Jun 2023 Evaluate

Indian Hotels Company (IHCL) has signed a Vivanta-branded hotel in Guwahati, Assam. The greenfield project is slated to open by 2026. With the addition of this hotel, IHCL will have four hotels in Assam including two under development. Guwahati, situated on the banks of the Brahmaputra River, is the largest city in Assam. As a major tea manufacturing and processing center, the city is also famous for ancient temples including Kamakhya.

The 150 key hotel is strategically situated in close proximity to important commercial centers and to Dispur, the capital of Assam. In addition to the rooms, the hotel will have Mynt, Vivanta’s signature all-day-diner, the bar, and recreational facilities including a swimming pool and a fitness center. It will offer over 4,000 sq.ft. of banqueting and meeting spaces.

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 768.10
ITC Hotels 162.50
Mahindra Holi.&Resor 201.35
EIH 298.45
Chalet Hotels 849.85
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