Indian Hotels to open 28 new properties under Gateway brand

The Indian Hotels Company Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 500850 | NSE: INDHOTEL

27 May 2013 Evaluate

Indian Hotels Company is planning to open 28 new properties under its upscale brand -- Gateway Hotels & Resorts -- in next three years as part of expansion plans. The company also plans to soon open properties under the Gateway brand in Chennai, Kolkata, Raipur and Hyderabad.

At present, the company has 22 Gateway properties across India and has scheduled four more launches for this year and six in the coming year.

Gateway Hotels & Resorts are full service upscale hotels and resorts that are currently located in twenty one cities and holiday destinations.

Peers

Company Name	CMP
The Indian Hotels Co	737.20
ITC Hotels	158.85
Mahindra Holi.&Resor	199.15
EIH	303.70
Chalet Hotels	872.55
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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