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Indian Hotels Company signs new property in Uttar Pradesh

25 Jun 2024 Evaluate

Indian Hotels Company (IHCL) has signed new Taj-branded property in Kanpur, Uttar Pradesh. The greenfield project includes 150 rooms and boasts facilities such as all-day dining, a bar, two speciality restaurants, and over 10,000 square feet of banqueting space.

With this new property, IHCL will have 26 hotels in Uttar Pradesh, including 13 that are currently under development. This expansion marks a significant increase in IHCL's footprint in the region, enhancing hospitality options and contributing to local tourism and economy.

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
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