Indian Hotels Company Ltd.
In FY20, 39 million jobs were created in the tourism sector in India, which was 8.0% of the total employment in the country.
Indian Hotels Company Limited (IHCL) provides a fusion of warm Indian hospitality and world class services to its guests. The group was incorporated in 1903 with its first ever hotel, The Taj Mahal Palace, Mumbai. It is present in 12 countries across four continents including India, North America, United Kingdom, Africa, Sri Lanka, etc. The group has a portfolio of about 200 hotels and an inventory of over 25,000 rooms in over 100 locations. Taj, Vivanta, and The Gateway are the three award winning brands functioning under the group with 37, 33 and 28 hotels operating under the brands, respectively.
Company Website: www.tajhotels.com
- Portfolio of over 200 hotels
- Consolidated total income stood at Rs. 4,596 crore (US$ 652.01 million) in FY20
- Q1 FY22 (April-June) revenue: Rs. 370 crore (US$ 49.83 million)
- Provides a fusion of warm Indian hospitality and world class services
- Present in 12 countries across four continents
Indian Hotels Company Limited – Tajness - You can feel it with your eyes closed
| Year | Milestone |
|---|---|
| 2021 |
In September 2021, IHCL acquired SeleQtions Hotel from Raajkutir Hotels, Kolkata, West Bengal, in partnership with the Ambuja Neotia Group. The company posted financial results with revenues up by 111% to Rs. 370 crore (US$ 49.83 million) in Q1 FY21-22 vs Q1 FY20-21 |
| 2020 |
Opened 4 new hotels:
In November 2020, Taj Group partnered with real estate company Ambuja Neotia Group to launch three new hotels—two in Kolkata and one in Patna. |
| 2019 |
In addition, expanded the amã Stays & Trails portfolio with the opening of four new villas: two in Goa and one in Lonavala, Maharashtra and Thiruvananthapuram Kerala, respectively Vistara inked a partnership with IHCL for its loyalty programme Club Vistara Indian Hotels Company Limited launched a mobile application to offer the signature dishes of 12 iconic restaurants from six landmark hotels to their guests Indian Hotels Company (IHCL) entered into agreement with Skipping Stones Pvt Ltd. for its second hotel around of 50-room at Vivanta Hotel in Gangtok, Sikkim IHCL opened its 17th hotel in Karnataka IHCL, Taj Mahal Palace, Mumbai recorded the highest satisfaction score amongst hospitality peers globally for year FY19 IHCL entered into agreement with Nepal-based CG Hospitality to open Taj Jumeirah Lakes Towers in Dubai |
| 2019 |
The company signed a 33-year revised agreement of Taj Mansingh Hotel with Tata Group |
| 2018 |
IHCL retained the Taj Mansingh Hotel in Delhi for next three decades. The group also announced the signing of a new Taj hotel at the Deira Creek in Dubai in partnership with Ithra Dubai LLC. |
| 2017 |
IHCL was the only group with three hotels in 50 World’s Best Hotels at the Conde Nast Traveller Readers' Travel Awards 2017 |
| 2014 |
The Taj Mahal Palace, Mumbai was named the Best Overseas Business Hotel at the Conde Nast Traveller UK Readers' Travel Awards 2014. |
| 2013 |
Renewed the lease of Taj Palace Hotel with the Delhi Development Authority (DDA). Taj Falaknuma Palace, Hyderabad won 2nd place in the 'Best Overseas Holiday Hotels in Asia and India' category at the Conde Nast Traveller UK Readers' Travel Awards 2013. |
| 2007 |
The group acquired 10 per cent stake in Orient Express Hotels |
| 2002 |
The group re-entered in the budget hotels category under the brand name of Gateway Hotels. It also announced an investment of US$ 75million to acquire international hotel chains. |
| 2000 |
The Non-Convertible Debentures of the group were rated ‘LAAA’ by the Indian Credit Rating Agency (ICRA) indicating highest safety. |
| 1995 |
The group began the development of two new luxury hotels in Mumbai and one in Chennai. |
| 1982 |
Collaborated with Delhi Development Authority (DDA) to construct a 500 room hotel in Delhi for the use of delegates and visitors of the ASIAS’82. |
| 1979 |
2,016,000 Bonus Equity Shares were issued in the proportion of 4:5. |
| 1978 |
The group acquired entire capital of Taj Investment & Finance Co. Ltd of about 246,110 shares. |
| 1902 |
The Company was incorporated by the founder of TATA Group, Jamshetji Tata, with its first ever hotel- The Taj Mahal Palace, Mumbai. |
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