Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom

Quick Summary:

Chhatwal said 25% of Taj’s revenue is driven by weddings.

There are 30 planned for next year and 35 the year after, Managing Director Puneet Chhatwal said in an interview on Bloomberg TV.

The firm runs hotels under the premium label Taj and lower-tier labels like Vivanta and Ginger.

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Article Details

Category: BusinessFinance

Markets: IndiaSingapore

Topics: Indian Hotels Company Wedding Tata group Travel Indian Hotels Hotel industry Hotels Taj group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 23:42:50 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23472488

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Official Website: business-standard.com

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News Last Updated: 8 hours ago

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