Expansion7 Jul 2026, 12:32 pm
IHCL Adds 20 Hotels in Q1 FY27, Portfolio Reaches 645
AI Summary
Indian Hotels Company Ltd (IHCL) announced significant expansion in Q1 FY2027, signing 20 new hotels and opening 11. This brings their total portfolio to 645 hotels, with a pipeline of 263. Growth was driven by brands like Gateway, Ginger, and Tree of Life, with Taj reaching a milestone of 150 hotels. The company is on track to achieve its goal of a 700-hotel portfolio under its 'Accelerate 2030' roadmap. International expansion included openings in Frankfurt and South Africa.
Key Highlights
- IHCL signed 20 new hotels in Q1 FY27, expanding its portfolio.
- 11 new hotels were opened, increasing the operating portfolio.
- Total portfolio stands at 645 hotels with 263 in the pipeline.
- Taj brand reached a milestone of 150 hotels.
- Company aims for a 700-hotel portfolio by FY30.
Price Impact
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