New Launch21 May 2025, 04:51 pm
IHCL Signs Taj Pushpabanta Palace in Agartala, Increases Footprint in North East to Fourteen Hotels
AI Summary
Indian Hotels Company (IHCL) has announced the signing of Taj Pushpabanta Palace in Agartala in a public-private partnership with the Tripura Government. The heritage palace, built in 1917, will be refurbished to its former glory, housing 100 rooms and select public areas. IHCL, with its partner ecosystem, plans to invest Rs. 2500 crores in the North East region over the next three years. This signing aligns with IHCL's strategic roadmap 'Accelerate 2030' to grow its multi-brand presence in the region to 30 hotels by 2030.
Key Highlights
- IHCL signs Taj Pushpabanta Palace in Agartala in a public-private partnership with the Tripura Government.
- The heritage palace, built in 1917, will be refurbished to its former glory with 100 rooms and select public areas.
- IHCL plans to invest Rs. 2500 crores in the North East region over the next three years.
- This signing aligns with IHCL's strategic roadmap 'Accelerate 2030' to grow its multi-brand presence in the region to 30 hotels by 2030.