IHCL: IHCl aiming for double digit topline growth this fisca

IHCL: IHCl aiming for double digit topline growth this fiscal: IHCL MD and CEO Puneet Chhatwal

IHCL aims for double-digit growth, plans 25-30 hotel openings this fiscal. It will launch hotels overseas but focus on India. Chhatwal, MD and CEO, says FY2025 will be a 'breakthrough year' for international expansion, with a primary focus on the Indian subcontinent. The branded hotel supply in India is expected to grow fivefold in the next 7-10 years. IHCL reported a 29% rise in net profit for Q4 FY2024. It will introduce a re-imagined Gateway hotel offering in the upscale segment, targeting growth opportunities in emerging micro markets.

Related Keywords

Sri Lanka , Dhaka , Bangladesh , Udaipur , Orissa , India , Ramgarh , Rajasthan , London , City Of , United Kingdom , Bhutan , Arambagh , Jammu And Kashmir , Bahrain , Dubai , Dubayy , United Arab Emirates , Saudi Arabia , Abu Dhabi , Puneet Chhatwal , Fateh Prakash , Indian Hotels Company Ltd , Chaudhary Group Of Nepal , Ambuja Neotia Group , Ramgarh Lodge , Indian Hotels Company , Southeast Asia , Middle East , Hotels Company Ltd , Alake Palace , Sawai Man Mahal , Gorbandh Palace , Chaudhary Group , Ihcl , Double Digit Growth , International Expansion , Indian Subcontinent , Net Debt , Cash Reserves , Hospitality Industry , Tata Group , Itata ,

© 2025 Vimarsana