NEW DELHI: Indian Hotels Company Ltd (IHCL) on Tuesday scored a century for luxury properties when it signed the 100th Taj that will come up in Kochi. While overall IHCL has a portfolio of 263 hotels including 75 under development globally across 4 continents and in over 100 locations, luxury Taj alone now stands at 100.
Tata Croup’s IHCL and its subsidiaries bring together a group of brands and businesses. On the scale of luxury, Taj is at the top end for the group. This is followed by SeleQtions, which it describes as "a named collection of hotels”.
Then comes “sophisticated upscale" Vivanta and finally “lean lux" Ginger. All big hospitality groups similarly have from luxury to budget brands to cater to every segment of travellers.
With the 120-year-old Taj brand scoring a century, IHCL MD-CEO Puneet Chhatwal said: “This is a momentous occasion as Taj's portfolio will offer 100 hotels across India and in key international destinations. This growth is a testament to the unwavering trust our stakeholders have consistently placed in us. I would like to thank all our owners, partners, guests and employees who have supported us in this journey.” The 100th Taj is IHCL's second Taj in Kochi where it has partnered with Cochin International Airport.
IHCL was incorporated by Tata Croup founder Jamsetji Tata, when he opened the first hotel - The Taj Mahal Palace, in what was then Bombay in 1903. IHCL is India’s largest hospitality company by market capitalisation.
Read More at https://timesofindia.indiatimes.com/business/india-business/100-in-120-years-taj-scores-a-century-for-luxury-hotels/articleshow/99765447.cms
Comments