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The Economic Times

Share price of Indian Hotels falls as Sensex gains 197.67 points

Promoters held 38.12 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 27.19 per cent and 13.71 per cent, respectively.

The Economic Times

Indian Hotels always delivers a bit more than promised; that's the story of last 5-6 years: Puneet Chhatwal

Puneet Chhatwal, MD & CEO of IHCL, discusses the company's balanced approach since 2017-2018. With strategies like Aspiration 2022 and Ahvaan 2025, IHCL has diversified its portfolio, doubling in size over six years. The company now opens more than one hotel a month, with a significant focus on capital-light models.

The Economic Times

F&O stock strategy: How to trade Indian Hotels & Titan shares

Indian equity indices saw significant declines on Friday, driven by banking stocks, as traders awaited the US jobs report for insights into the Federal Reserve's interest rate policy. The BSE Sensex dropped by 800 points to 81,400, while the Nifty50 fell below 25,000. Analysts provided trading recommendations for Indian Hotels and Titan Company based on technical and derivative data.

The Economic Times

ET WLF 2024: Industry leaders on how to boost India's tourism on the global map

​​The rapid development of infrastructure in India is transforming the nation's tourism landscape, with significant benefits for the hospitality sector. Puneet Chhatwal, Managing Director and CEO of The Indian Hotels Company Limited (IHCL), underscored the sector's pivotal role in this transformation.

The Economic Times

Ginger & Spice: Tata-backed IHCL's new business has growth flavour

Indian Hotels Company (IHCL) is focusing on expanding its new businesses, including Ginger, Qmin, ama Stays & Trails, and the Tree of Life brand, to address India's diverse market and diversify revenue and non-linear revenue growth businesses. Puneet Chhatwal, managing director and chief executive, said the strategic rationale for new businesses is to address India's varied market and diversify IHCL's revenue and non-linear revenue growth businesses, capital light businesses, and those yielding high margins.

Business Standard

Ginger Hotels looks to double footprint in East, Northeast in 3-5 years

Tata Group's budget hospitality brand Ginger Hotels is looking to double its presence in East and Northeast India in the next three to five years, according to a senior company official. Ginger Hotels, operated by Roots Corporation Ltd (RCL), a subsidiary of the Indian Hotels Company (IHCL), has 11 properties in operation with 876 rooms in the East and Northeast region and seven in the pipeline with an expected 605 rooms to be added. The brand is seeking to tap growth witnessed in India beyond the metros to smaller cities. "It is very interesting, we talk about how India's story is percolating into beyond the top 10 cities...I think that's really playing out in our expansion," IHCL Executive Vice President - New Business and Hotel Openings, Deepika Rao told PTI. The seven hotels in the pipeline in Patna, Kolkata, Asansol, Paradeep, Guwahati, Jorhat and Dibrugarh, will come into play in two to three years time, said Rao, who is also the chairperson of Roots Corporation. On the ...