The 5-year analysis of Taj GVK Hotels & Resorts Ltd's performance infers:
We analysed the performance of Taj GVK Hotels & Resorts Ltd share prices over the last 10 years. Here is what we found out:
Taj-GVK Hotels & Resorts is a joint venture of the Tata Groupâ€™s Indian Hotels Company Ltd and Hyderabad-based G V K group. 26% stake is held by Indian Hotels while rest is held by the GVK group. Taj GVK Hotels & Resorts has built on its strengths and has earned a reputation for offering a chain of world-class hotels on par with international standards.
GVK is a diversified business entity with a predominant focus on Infrastructure and Urban Infrastructure projects. It also
GVK is a diversified business entity with a predominant focus on Infrastructure and Urban Infrastructure projects. It also has a significant presence in the Hospitality, Services and Manufacturing sector.
Among the pioneers to envision the India Growth saga, GVK realized the potential needs of a rapidly developing economy, particularly in the area of infrastructure development.
Taj GVK currently operates Taj Krishna, Taj Banjara, Taj Deccan in Hyderabad and Taj Chandigarh in Chandigarh and Taj Chennai.
Taj Banjara- The hotel has a unique feature of having a private lake. The hotel presents both modern amenities and comfort. This business class hotel offers comprehensive facilities including some of the finest restaurants in the city.
Taj Krishna- The flagship hotel of Taj GVK has become a luxury brand. It has been declared as a member of 'The Leading Hotels of the World'. Each of the 260 rooms have been masterfully crafted and majestically designed. It is among the best hospitality properties in India.
Taj Deccan- The hotel is designed to meet the expectations of a modern business traveler. The hotel is the process of being upgraded to a Super Deluxe Luxury Category. As part of an extensive refurbishment plan, the hotel which was earlier called 'Taj Residency' gained a makeover to become Taj Deccan.
Taj Chandigarh- It has capitalized on the growth and has provided a unique brand of service to a host of business, luxury and NRI travelers in Chandigarh. Taj Chandigarh aims to dominate the hospitality business in the city in the years to come.
Taj Chennai- Acquired in a semi-built stage, the upcoming hotel in Chennai will surely meet international standards with about 200 world-class guest rooms. The hotel is expected to commence operations soon.
The growth in the hospitality industry is pegged at about 15% growth every year and with more than one lakh rooms needed in the country, the hotel industry is poised for a substantial growth. Taj GVK is set to reap the benefits of this growing demand.
In 2010 Taj unveiled new brand in Sri Lanka.