Indian Hotels Company (IHCL) has increased its footprint
with 100 new locations, with 74 signings and 26 openings in FY2025 (FY25),
taking its portfolio to 380 hotels. IHCL in the last fiscal year has clocked a
record 74 signings resulting in an industry leading pipeline of 137 hotels.
This was enabled by IHCL’s strong brand presence across market segments coupled
with the sustained demand buoyancy. In alignment with the company’s strategic
roadmap Accelerate 2030, a significant share of the signings was in Gateway and
Ginger brands, reflective of the fast growing Upscale and Midscale segments in
India. This year, the company continued to build scale in each of the brands
with Ginger crossing a 100-hotel portfolio and Vivanta reaching the 50+ hotel
mark.
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.
Source: Ace Equity
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