Indian Hotels Company (IHCL) has signed an 83-key hotel at Thimphu in Bhutan. The new hotel will be rebranded to an IHCL SeleQtions, and this expansion strengthens the company's presence in Bhutan with three hotels under development.
Earlier, the company had signed a Taj hotel in Panchkula, Haryana. This greenfield project will cater to the growing demand in the tricity of Panchkula, Mohali and Chandigarh.
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.