IHCL Targets North East for Development of New Properties

Tata Group hospitality firm Indian Hotels Company (IHCL) is putting the spotlight on the North East for new properties in line with India's ambition of developing the region, according to its Managing Director and CEO Puneet Chhatwal. The company has a portfolio of 15 hotels with 1,348 rooms in the North East, and six hotels with 634 rooms in the pipeline.

Developing properties in the East and North East has been a part of a strategic initiative, Chhatwal said. "Like 50 years ago it was Goa, 30 years ago it was Kerala. More recently, you heard about Lakshadweep. Now it is the North East -- which is also in line with India's ambition of developing the North East -- our contribution as a Tata Group company," he noted. Chhatwal said that IHCL has signed its first 'Taj Palace' property in the North East.