Tata Group's hospitality firm IHCL expands portfolio to 380 hotels in FY25

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Tata Group's hospitality firm IHCL expands portfolio to 380 hotels in FY25 - Business Standard

Quick Summary:

"IHCL opened 26 new hotels in FY25, with Ginger leading the way with 9 hotels across diverse markets including commercial centres of Nagpur and Coimbatore, industrial townships like Jamshedpur, leisure destinations like Srinagar, Udaipur and Diu as well as in state capitals of New Delhi and Goa," its Executive Vice President -- Hotel Openings & New Businesses -- Deepika Rao said.

This was enabled by IHCL's strong brand presence across market segments coupled with the sustained demand buoyancy," the company in a regulatory filing quoted its Executive Vice President - Real Estate & Development, Suma Venkatesh as saying.

Tata Group hospitality firm Indian Hotels Company has increased its footprint to 380 hotels by launching properties at 100 new locations in FY2025.