Indian Hotels Company (IHCL) has entered into a strategic alliance with the Tree of Life Resorts & Hotels, which was recently acquired by the Ambuja Neotia Group, offering IHCL’s marketing and distribution network to its portfolio of 14 resorts across the country.
Tree of Life, launched in 2009 operates boutique hotels in 14 destinations including Mussoorie, Dared, Naggar, Udaipurwati, Kumaon, Binsar among others. Located outside city centres, the resorts are an escape into luxury and exclusivity with a chance to immerse in nature and local culture.
The Tree of Life Resorts & Hotels will be available for room bookings on IHCL’s distribution network starting March 1, 2024. Pacing ahead of its market guidance, IHCL achieves a portfolio of 300+ hotels with 90 hotels under development.
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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