Key indicators like stock performance of major hotel companies and upcoming events suggest a robust year ahead, albeit with a cautious outlook on pricing strategies and market risks
"With the support of all the members I will strive to make FAITH, a strong policy advocacy body on issues related to tourism and hospitality industry and carry forward the legacy built by Mr Anand," said Chhatwal.
Indian Hotels Company is set to open a new Vivanta hotel in Tawang. Tawang is a short drive away from the Tawang Monastery, the second largest in the world. The hotel has 80 rooms and suites and other offerings include all-day diner Mynt, lounge bar Wink, and the deli Swirl.
The 140-keys hotel spread over 2.5 acres is located on Talegaon MIDC road. The hotel will feature an all-day diner-Mynt, a speciality restaurant and Wink, the bar with over 4000 square feet of banquet space. The recreation facilities will include a swimming pool, a gym and a spa.
Puneet Chhatwal, managing director and chief executive officer of IHCL said founded by Jamsetji Tata in 1903 and nurtured by the visionary leaders of the Tata Group, Taj, continues to be a legendary symbol of timeless hospitality.