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Tata Group's Indian Hotels Company Limited (IHCL) expanded its portfolio to 380 hotels in FY2024-25, with 74 new signings and 26 hotel openings. The company now has 137 properties under development across 14 countries and 150+ locations. Its Ginger brand led the growth with nine new hotels in cities like Nagpur, Coimbatore, and Srinagar. IHCL also entered new global markets, including Bahrain and Ras Al Khaimah. Under its 'Accelerate 2030' strategy, IHCL continues expanding brands like Vivanta and SeleQtions while creating 2,500+ jobs this year, reinforcing its leadership in India's hospitality sector and beyond.
Tata Group's Indian Hotels Company Limited (IHCL) has expanded its portfolio to 380 hotels in FY2024-25, marking a significant milestone in its growth trajectory. The company achieved 74 new hotel signings during the fiscal year, resulting in a robust pipeline of 137 hotels under development across 14 countries and over 150 locations. Advertisement
In FY2024-25, IHCL opened 26 new hotels, with its Ginger brand leading the expansion by launching nine properties. These new Ginger hotels are strategically located in commercial hubs like Nagpur and Coimbatore, industrial towns such as Jamshedpur, and popular leisure destinations including Srinagar, Udaipur, and Diu. Additionally, new properties were established in state capitals like New Delhi and Goa, enhancing the brand's presence across diverse markets .
The expansion aligns with IHCL's "Accelerate 2030" strategy, aiming to strengthen its footprint in both domestic and international markets. The company's portfolio now spans four continents, reflecting its commitment to global growth .
In addition to the Ginger brand, IHCL has been actively expanding its other brands. For instance, the company has signed new properties under the Vivanta and SeleQtions brands in various locations, catering to different segments of travelers. This diversified brand strategy enables IHCL to address the unique preferences of its clientele and adapt to varying market demands.
IHCL's expansion is not limited to India. The company has entered new international markets, including Bahrain and Ras Al Khaimah, further solidifying its global presence . These developments are part of IHCL's broader vision to be a leading hospitality player on the world stage.
The company's growth also contributes significantly to employment generation. The 26 new hotels opened in FY2024-25 have created over 2,500 jobs, supporting local economies and communities .
IHCL's strategic expansion and diversified brand portfolio position it well to capitalize on the growing demand in the hospitality sector. As the company continues to innovate and adapt to changing market dynamics, it remains a key player in shaping the future of hospitality in India and beyond.
Source: PTI
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