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IHCL has announced the signing of a 151-key Taj hotel on Chennai's ECR, a greenfield project developed in partnership with MGM Healthcare. The move targets Chennai�s growing corporate, IT, and automobile-driven demand, as well as leisure travel and MICE events. With this addition, IHCL�s portfolio in the city will rise to 16 hotels, including six under development. The project strengthens the company�s strategic presence in South India, providing travellers with more options while reinforcing its position in a competitive and growing hospitality market.
Indian Hotels Company Ltd (IHCL) has signed an agreement to develop a 151-key Taj hotel on the East Coast Road (ECR) in Chennai, Tamil Nadu. The property will be a greenfield project, adding to the company's growing presence in the city. Advertisement
Chennai's hospitality sector is supported by a strong corporate base, the automobile industry, and a thriving IT ecosystem. The city also sees a steady flow of leisure travellers and a rising number of business events under the MICE segment. IHCL aims to leverage this diverse demand by expanding its portfolio in a strategic location.
Suma Venkatesh, Executive Vice President of Real Estate and Development at IHCL, stated that the company is pleased to collaborate with MGM Healthcare for this project, highlighting a partnership approach in strengthening its hotel network.
With the new addition, IHCL's presence in Chennai will reach 16 hotels, including six properties currently under development. This expansion reinforces the company's strategy to serve both business and leisure travellers in one of South India's most important hospitality markets.
Source PTI
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