MoneyWorks4Me

Indian Hotels Company expands presence in Bhutan

19 Jun 2024 Evaluate

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.

Peers
Company Name CMP
The Indian Hotels Co 725.00
ITC Hotels 158.90
Mahindra Holi.&Resor 194.65
EIH 298.35
Chalet Hotels 842.25
View more..