IHCL’s Expansion Milestone: 300 hotels portfolio within reach, says MD and CEO Puneet ChhatwalTata Group backed IHCL has reported revenue from operations of Rs 1964 crore for the quarter ended December 31, 2023, up 18% compared to co...
Can 33% margin become the new normal for Indian Hotels? Puneet Chhatwal answers"Demand is outpacing supply in the hospitality sector and this trend will continue, leading to higher occupancy levels and increased averag...
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...
After record Q1, Q2 & Q3, Indian Hotel’s Puneet Chhatwal expects a best ever Q4 also"I hope we are able to consistently deliver on our promise, consistently deliver on our performance on all metrics. What we have guided on,...
Indian Hotels well positioned for a stronger show in H2 of this fiscalIndian Hotels Company (IHCL) managing director and CEO Puneet Chhatwal said the second half of the ongoing fiscal year has witnessed an inc...
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...
This Tata Group stock can rally up to 21% with biz back to pre-Covid levels: ICICI Direct. “Revenues grew 69.2% year-on-year (YoY) to Rs 1232.6 crore. It was also up 22.4% vs. pre-Covid levels (i.e. Q2FY20) EBITDA margins expand...
Indian Hotels Q2 Results: Firm clocks profit of Rs 122 crorePuneet Chhatwal, Managing Director & CEO, IHCL, said the sector was on the cusp of an upswing, and growing inbound tourism coupled with an ...
Indian Hotels on track to achieve 300 hotels mark by 2025Under its 'Ahvaan 2025' strategy, IHCL said it will expand its footprint in relatively untapped destinations such as North East India besid...
Taj Hotels targets aggressive expansion plans in next 2-3 yearsAt present, the Tata Group runs three hotels in UAE; two each in the US, UK and Africa and eight in India’s immediate neighbourhood. Taj pa...
Indian Hotels cash flows positive for first time; H2 will be better: Puneet Chhatwal“The sum of all that we are doing is beginning to reflect in the EBITDA margins that are coming up on the consolidated level. We have hotel...
Analysts are bullish on this Rs 667 crore-Jhunjhunwala bet. Here’s whyAce investor Rakesh Jhunjhunwala and his wife Rekha owned a total 2.12 per cent stake in IHCL as of March 31, which is valued at Rs 667 cro...
Buy Indian Hotels Company, target price Rs 260: Anand RathiIndian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 31724.63 Crore) operating in Tou...
Indian Hotels launches Ahvaan 2025Indian Hotels' MD and CEO Puneet Chhatwal said IHCL signed over 100 hotels and opened over 40 hotels in the past five years, making it the ...
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IHCL plans 'Ahvaan 2025' to map three-pronged growth strategyChief executive and managing director Puneet Chhatwal said IHCL signed over 100 hotels and opened over 40 new properties over the last five...
Indian Hotels launching new strategy called Ahvaan 2025MD and CEO Puneet Chhatwal said IHCL signed over 100 hotels and opened over 40 hotels in the past five years, making it the 'fastest growin...