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Indian Hotels Company signs Taj branded hotel in Karnataka

27 Sep 2024 Evaluate

Indian Hotels Company (IHCL) has signed a Taj branded hotel in Chikkamagaluru, Karnataka. The hotel is a greenfield project. With the addition of this hotel, IHCL will have 24 hotels in Karnataka including 9 under development.

Spread across 25 acres, the 160-key Taj Chikkamagaluru is surrounded by coffee estates and panoramic views of the Mullayanagiri Peak. A 20-minute drive from the city centre, the hotel will offer an all-day-dining restaurant, a specialty restaurant, a bar, and a poolside bar. It will feature two swimming pools, a state-of-the-art fitness center, J Wellness Circle spa, a kids' club, and a library. The hotel will also cater extensively to MICE travellers with large banqueting facilities over 5,000 sq. ft, including meeting rooms and a pre-function area.

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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