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Praveg enters into strategic partnership with Indian Hotels Company

03 Mar 2025 Evaluate

Praveg has entered into strategic partnership with Indian Hotels Company (IHCL), one of India’s leading hotel chains. As part of this agreement, IHCL will manage Praveg’s pristine property namely Praveg Atoll’s located on the breathtaking Bangaram Island in Lakshadweep. The resort will be classified under the prestigious SeleQtions brand, further elevating its luxury offerings.

This collaboration marks a significant milestone in the company’s commitment to offering worldclass hospitality experiences in one of India’s most unique and sought-after destinations. With IHCL’s established reputation for excellence in luxury hospitality, this partnership will ensure that Bangaram Island’s resort property will offer guests an unforgettable experience while maintaining the highest standards of service and sustainability.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.


Peers
Company Name CMP
The Indian Hotels Co 741.40
ITC Hotels 161.30
Mahindra Holi.&Resor 202.70
EIH 301.20
Chalet Hotels 891.15
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