IHCL UNVEILS 'ACCELERATE 2030' STRATEGY
MUMBAI, NOVEMBER 19, 2024: The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, today announced its comprehensive strategy for 2030.Under the plan, IHCL will expand its brandscape, deliver industry- leading margins, double its Consolidated revenue with a 20% return on capital employed and grow its portfolio to 700+ hotels while building on …
IHCL SIGNS A GINGER HOTEL IN THE SCENIC DIU
MUMBAI, NOVEMBER 14, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Ginger hotel in Diu in the Union Territory of Daman and Diu. Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Entering the Diu hospitality market offers an opportunity to …
IHCL EXPANDS ITS FOOTPRINT IN AYODHYA, SIGNS ITS FOURTH …
Oct 24, 2024 · MUMBAI, OCTOBER 24, 2024: Indian Hotels Company (IHCL), South Asia’s largest hospitality company, today announced the signing of a resort in Ayodhya, Uttar Pradesh.This greenfield project will be under the Gateway brand.. Speaking on the occasion Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, …
IHCL SIGNS A GINGER IN RAIPUR
MUMBAI, NOVEMBER 21, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Ginger hotel in Raipur, Chhattisgarh.This new hotel will reflect the brand’s signature lean luxe philosophy, providing a premium experience to guests.
IHCL ANNOUNCES RECORD FINANCIAL RESULTS FOR Q4 AND FY …
Nov 7, 2024 · Mr. Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL said, “In Q2, IHCL Consolidated for hotel segment reported a strong EBITDA margin of 30.5%, a 330-basis points expansion, led by double-digit revenue growth and sustained operational leverage.IHCL Standalone reported an all-time high Revenue of INR 1,125 crores, a year on …
IHCL STRENGHTENS PRESENCE IN EXPERIENTIAL LEISURE SEGMENT
MUMBAI, NOVEMBER 5, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the acquisition of majority shareholding in the operating company of Tree of Life, joining hands with Ambuja Neotia Group. Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “This acquisition aligns …
IHCL SIGNS A GINGER IN CHAKAN, MAHARASHTRA
MUMBAI, DECEMBER 5, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Ginger hotel in Chakan, Maharashtra. This new hotel will provide a premium experience to guests, reflecting the brand’s signature lean luxe philosophy.
IHCL ANNOUNCES THE SIGNING OF A GATEWAY HOTEL IN …
MUMBAI, DECEMBER 10, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a hotel in Rishikesh, Uttarakhand.This brownfield project will be branded as Gateway.. Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President – Real Estate and Development states, “Rishikesh is witnessing growth in …
IHCL SIGNS A GATEWAY RESORT IN KANDLA, GUJARAT
MUMBAI, NOVEMBER 28, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, announced the signing of a resort in Kandla, Gujarat. This conversion project will be branded a Gateway resort.. Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL said, “Kandla, an important industrial hub and …
3 KEY ACHIEVEMENTS FOR THE QUARTER (1) RevPAR for all IHCL consol. domestic hotels (2) PAT growth is excluding one time exceptional gain of ₹ 307 r on consolidation of TajSATS (3)Includes Ginger, ama & Qmin MOMENTUM Industry Leading Portfolio 232 Operational & 118 in Pipeline (31st Oct) Robust RevPAR(1) Growth 12% YoY Commanding Premium Well above …