Indian Hotels Company (IHCL) has marked yet another quarter of accelerated portfolio expansion with signing of 11 hotels and opening 5 new hotels across destinations in Q1 FY24. With IHCL’s current portfolio of 270 hotels, the company remains well poised to achieve its vision of 325+ hotels by 2025.
This fiscal, IHCL will be stepping into Gangtok in Sikkim, Tawang in Arunanchal Pradesh, Jaisalmer in Rajasthan and adding to its portfolio in Mumbai, National Capital Region (NCR), Kolkata, Ahmedabad, Srinagar, Tirupati, Ranthambore among others.
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.
| Company Name | CMP |
|---|---|
| Indian Hotel | 659.55 |
| ITC Hotels | 162.45 |
| EIH | 321.55 |
| Chalet Hotels | 778.90 |
| Mahindra Holi.&Resor | 272.70 |
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