IHCL Eyes Boutique Chain Acquisition to Drive Growth to 700 Properties by 2030

IHCL to Invest INR 6,000 Cr for Expansion, Eyes Boutique Hotel Chain Acquisition - TravelBiz Monitor: India travel news, travel trends, tourism

Indian Hotels Company Ltd (IHCL), the Tata Group’s hospitality arm, has announced an ambitious INR 6,000 crore (USD 1 billion) investment plan to double its hotel portfolio by FY2030. The company aims to reach 700 hotels and 70,000 rooms, up from its current count of 232 operational properties. This aggressive growth strategy was unveiled at IHCL’s 124th Annual General Meeting, where Chairman N. Chandrasekaran also revealed a plan for an annual …

IHCL to invest $1 billion, double hotel portfolio by 2030

Indian Hotels Company Limited (IHCL), the hospitality arm of the Tata Group, has announced a significant expansion drive with an investment of nearly ₹6,000 crore ($1 billion) over the next five years. The goal: to double its portfolio to 700 hotels and increase its total room count to 70,000 by FY2030. At the company’s 124th annual general meeting, IHCL Chairman N. Chandrasekaran outlined the strategy, which includes both organic growth and acq…

IHCL Eyes Boutique Chain Acquisition to Drive Growth to 700 Properties by 2030

Skift Take: India's hotel growth story won't be built on mega-properties alone. Having snapped up boutique chains like Claridges and Tree of Life, IHCL is betting that small hotels in the right places can deliver big returns and faster market reach than legacy five-star sprawl ever could.Read the Complete Story On Skift