Indian Hotels Company Ltd.
The tourism sector is projected to contribute US$ 250 billion to the country’s GDP by 2030, generating employment for 137 million individuals.
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.
- 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 |
|---|---|
| 2023 |
In May 2023, Indian Hotels Company (IHCL) expands its presence in the Delhi NCR with the signing of a Vivanta hotel in Gurugram, Haryana. In May 2023, Indian Hotels Company (IHCL) has announced that its landmark hotel The Taj Mahal Palace, Mumbai is now 100% green contributing to minimization of its environmental impacts. The iconic IHCL has announced its debut in Ayodhya, Uttar Pradesh with the signing of two new hotels. In April 2023, IHCL has added another place to its international destination with the signing of two new hotels in Dhaka, Bangladesh. In March 2023, IHCL celebrated earth hour to raise awareness about climate change and the need to reduce carbon footprint. All the line hotels had observed a one-hour switch-off of electricity on March 25, 2023. Taj Exotica gets helicopter connectivity from Mopa airport of Goa Indian Hotels on track to achieve 300 hotels mark by 2025. |
| 2022 |
In October 2022, the company announced the launch of its new Indian-concept restaurant brand, Loya. Debuting at Taj Palace, New Delhi, Loya captures the culinary essence traversing the landscape of North India. In June 2022, Indian Hotels Company (IHCL) announced the opening of Vivanta Katra, Vaishno Devi in Jammu and Kashmir. In March 2022, IHCL steps into Navi Mumbai and announces plans to open Vivanta Navi Mumbai in Turbhe. In March 2022, IHCL and UNESCO partnered to preserve the cultural heritage of India. In February 2022, IHCL expanded its presence in Uttarakhand for the opening of a new resort. |
| 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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