Indian Hotels Company Ltd.

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Indian Hotels Company Ltd.

  • Portfolio of over 165 hotels
  • Turnover of Rs 2,639.34 crore (US$ 409.52 million) in FY18
  • Provides a fusion of warm Indian hospitality and world class services
  • Present in 12 countries across four continents

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 165 hotels including 20 under development properties. During 2017-18, the group recorded revenue of Rs 2,639.34 crore (US$ 409.52 million). 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

Indian Hotels Company Limited – Tajness - You can feel it with your eyes closed

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.

 

Updated: October, 2018

Tourism and Hospitality
India was ranked seventh in the world in terms of travel & tourism’s total contribution to GDP in 2017.