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IHCL: 2023 marked another year of accelerated portfolio expansion: IHCL

Suma Venkatesh, executive vice president - real estate and development, IHCL said 2023 marks six consecutive years of portfolio expansion in the Indian subcontinent. "Our approach to growth has been two pronged, penetrating deeper in existing markets with multiple brands and extending our footprint to new destinations taking our presence to over 130 locations," she added. ....

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IHCL-owned Taj to franchise Delhi airport hotel from Chalet

The hotel will be located close to Terminals 3 and 2 and is expected to have 400 rooms and is likely to be ready in the next two years ....

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HBX Archives Week 109 Chanel Loewe Dior Release

Everything Dropping at HBX Archives This Week: Featuring a plethora of luxury bags, footwear, and accessories. ....

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CEO Puneet Chhatwal unveils hospitality major IHCL's mega sustainability plans

Chhatwal in his address delineated the firm's plans to drive its sustainability and social impact measures under the broad rubric of what the company calls 'Paathya.' ....

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Corporate travel continues to remain on slow lane, says Puneet Chhatwal, MD and CEO, IHCL

Corporate travel continues to remain on slow lane, says Puneet Chhatwal, MD and CEO, IHCL
March 17, 2021
Puneet Chhatwal, MD and CEO, Indian Hotels Company Ltd×
‘Revenues are expected to increase if there are no lockdowns’
Recoveries in the hotel industry are currently being driven by domestic travel and corporate travel continues to remain slow, says Puneet Chhatwal, MD and CEO, Indian Hotels Company Ltd (IHCL), the country’s largest hotelier and owner of ‘The Taj’ brand.
The company forayed into homestays under the ‘amã’ brand, and post opening up, is witnessing some movement in the segment.
In an interview to BusinessLine, Chhatwal talks about recoveries, the threat of a second wave of infections on business and overseas expansion plans, among others. ....

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