IHCL also announces the acquisition of Pamodzi Hotels PLC (presently a listed company in Zambia) from Tata International Singapore PTE for $ 15 million
The property is expected to be operational in the second quarter of FY27 and will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of the company
Puneet Chhatwal, MD & CEO of IHCL, in a conversation with Business Today’s Sourav Majumdar and Krishna Gopalan, explained why it is important for hotels to be present across segments in India, his company s plans and more. Watch this Visual Story for the excerpts from the interview.