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IHCL HOTEL PORTFOLIO
IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030Ginger is set to exceed ₹1,000 crore in enterprise revenue in FY27 from ₹814 crore the year ago. As of July 31, Ginger had a portfolio of 2...- Luxury hotel chains bet big on India's wellness boomIndian luxury hotel chains are investing heavily in wellness tourism. The Oberoi Group plans twenty new lifestyle resorts across India and ...
- Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 croreIndian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels...
- IHCL Q1 Results: Profit rises 18% YoY to Rs 390 crore, total income up 15%Tata Group-backed IHCL reported its 17th consecutive record quarter, with Q1 FY27 net profit rising 18.5% and total income up 15%. Strong h...
- West Asia war woes trigger UAE, Oman hospitality talent shift to IndiaIndian hospitality professionals are increasingly seeking jobs back home from West Asia. Regional tensions and industry slowdown have trigg...
- War woes have hospitality professionals looking homewardA surge of Indian hospitality professionals is migrating back from West Asia, driven by regional unrest and a decline in industry activity....
- Delhi High Court dismisses Zostel’s fresh petition against OyoThe Delhi High Court dismissed Zostel's latest petition against PRISM on July 8. This marks Zostel's ninth unsuccessful judicial attempt in...
- Tata Group-owned IHCL signs 20 hotels in Q1, says poised to achieve 700-hotel portfolio by 2030Indian Hotels Company Ltd signed twenty new hotels during the first quarter. The company is well poised to reach seven hundred hotels by th...
- Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 statesOmaxe, a key player in real estate development, has announced a bold initiative involving a Rs 6,200 crore investment over five years to cr...
- Omaxe to invest Rs 6,200 crore to expand the hospitality verticalOmaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These dev...
- Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 statesReal estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will inves...
- Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
- It's destination India for weddings this seasonIndian hotels are experiencing a significant rise in wedding bookings this year. This growth is driven by a preference for domestic celebra...
- IHCL portfolio to cross 550 hotels with 55,000 rooms post acquisitionsTata Group's IHCL is set to expand its portfolio to over 550 properties with 55,000 rooms through acquisitions of controlling stakes in ANK...
- Indian Hotels aims to double portfolio, revenues by 2030Tata Group-owned Indian Hotels Company (IHCL) has unveiled ambitious plans to expand its hotel portfolio to over 700 properties by 2030. Th...
- Tata Group backed IHCL's shares jump 3%, hit 52-week high. Here's whyIndian Hotels Company (IHCL) shares hit a 52-week high after the company revealed its 'Accelerate 2030 strategy'. The plan aims to double c...
- 2023 marked another year of accelerated portfolio expansion: IHCLSuma Venkatesh, executive vice president - real estate and development, IHCL said 2023 marks six consecutive years of portfolio expansion i...
- IHCL well poised to achieve vision of 300 hotels by 2025, says companyPuneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, stated, "IHCL has witnessed a tremendous year of growth with unpreceden...
- IHCL says it recorded 'industry leading' pipeline of hotels in the past one yearPuneet Chhatwal, managing director and CEO of IHCL said IHCL has witnessed a 'tremendous' year of growth with 'unprecedented' momentum of p...
- Fundamental Radar: 4 factors that can take IHCL to record highs in 2023IHCL has shown its dominance and pricing power with domestic travelling already in full swing, increasing foreign tourist arrivals will mak...
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