Sunday, July 7, 2024 Indian Hotels Company Limited (IHCL) expands its portfolio to 326 hotels in Q1 FY 2025 with 16 new signings and 6 openings, showcasing robust growth and industry leadership. The Indian Hotels Company (IHCL), the leading hospitality brand in India, has maintained its robust expansion trajectory in the first quarter of fiscal year 2025. During this period, IHCL secured 16 new agreements and inaugurated 6 new properties, bringing their total portfolio to 326 hotels.
This includes an impressive pipeline of 102 upcoming hotels, reinforcing their industry leadership. Speaking on the occasion Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL said, “Quarter one signings are reflective of our development strategy of accelerating growth and maintaining leadership in the Indian sub-continent.
We entered into agreements for new markets like a Taj in Kanpur and Panchkula and a Gateway in Sarnath and Barnala . We grew our presence with multiple brands in existing markets with signing of Tree of Life resorts in Gangtok and Srinagar , a Taj in Anjuna, Goa and Gateway in Sawai Madhopur .” She added , “IHCL’s brandscape is well represented across these 16 signings including a strong response to the re-imagined Gateway brand.
” IHCL’s Portfolio as of 30th June 2024 Brand Operating Hotels Pipeline Hotels Total Taj 81 33 114 SeleQtions 23 13 36 Tree of Life 16 0 16 Gateway 8 8 16 Vivanta 30 22 52 Ginger 66 26 92 TOTAL 224 102 326 Ms. .
