Indian Hotels Company (IHCL), India’s largest hospitality group, has announced an ambitious growth plan for 2024, signing 85 new agreements and opening 40 hotels. This expansion brings IHCL’s total portfolio to 360 hotels, with an industry-leading pipeline of 123 hotels in the works.
IHCL portfolio as of 31st December 2024
- Taj: 87 operating hotels, 38 in the pipeline (Total: 125)
- The Claridges: 1 operating hotel, none in the pipeline (Total: 1)
- SeleQtions: 25 operating hotels, 13 in the pipeline (Total: 38)
- Tree of Life: 17 operating hotels, 3 in the pipeline (Total: 20)
- Vivanta: 28 operating hotels, 21 in the pipeline (Total: 49)
- Gateway: 8 operating hotels, 17 in the pipeline (Total: 25)
- Ginger: 72 operating hotels, 30 in the pipeline (Total: 102)
With a total of 237 operating hotels and 123 in the pipeline, IHCL is positioned for continued growth, solidifying its place as a leader in the Indian hospitality industry. This aggressive expansion strategy is poised to meet the growing demand for premium hospitality offerings across the country.
Indian Hotels Company Limited (IHCL) shares opened at ₹835.40, with a high of ₹841.35 and a low of ₹815.70. The stock’s 52-week high stands at ₹894.90, while the 52-week low is ₹450.60.
