Ihcl

OHL merger earnings accretive, expands IHCL's presence in South India

The all-stock merger will add seven hotels with 825 keys to IHCL's portfolio, simplify the group structure and strengthen its presence across South India

Tata Group-owned IHCL announces all-stock merger with Oriental Hotels

Tata Group-owned Indian Hotels Company Ltd (IHCL) on Monday said Oriental Hotels Ltd will be merged with IHCL through an all-stock transaction. The Boards of Oriental Hotels and IHCL have approved a Scheme of Arrangement to this effect. The Scheme of Arrangement proposes a share swap ratio of 25 IHCL shares for every 117 OHL shares, and aims to complete the transaction in the second half of FY2028. "In line with our Accelerate 2030 strategy of creating value, simplifying the group's holding structure and unlocking the full potential of OHL portfolio including iconic assets like Taj Coromandel, Chennai, Taj Fisherman's Cove Resort & Spa, Chennai and Taj Malabar Resort & Spa, Cochin, the Boards of IHCL and OHL have today approved this merger," Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said. Oriental Hotels is an associate company of IHCL. The company has a portfolio of seven hotels with 825 rooms. This includes freehold assets: Taj Coromandel - ...

IHCL Q1 profit rises 21%; Dubai occupancies rebound despite West Asia war

The Tata Group hospitality firm reported a 20.8 per cent rise in June-quarter profit, while warning that geopolitical tensions in West Asia could weigh on travel demand

IHCL, IPO-bound Prism among top 10 firms in Hurun India real estate list

Tata Group-owned Indian Hotels Company Ltd (IHCL) and IPO-bound Prism -- the parent of travel-tech unicorn OYO -- are the only hospitality companies to feature among the top-10 firms in the 2026 GROHE-Hurun India Real Estate 150 list, with Prism more than doubling its valuation, growing 107 per cent to Rs 67,200 crore. The report's findings reflect the hospitality sector's growing heft as it emerged as one of only two segments to register growth, apart from retail. "Prism (OYO), founded and led by Ritesh Agarwal, is the standout hospitality story of the year and the second-largest gainer in absolute terms, adding Rs 34,700 crore to reach Rs 67,200 crore, surging 107 per cent in value, climbing six places to 5th and entering the top 10," the report highlighted. Highlighting the shift in the sector, the report said hospitality has evolved from being a "footnote" a decade ago to becoming the second-largest segment by company count after residential. The list now has 24 hospitality ...

Indian Hotels well positioned to gain from demand recovery, expansion

Strong domestic travel, higher room rates and an expanding hotel portfolio are expected to drive IHCL's Q1FY27 performance and medium-term growth

IHCL on track to invest ₹6K-7.5K cr over next 5 years: Chandrasekaran

IHCL plans to invest ₹6,000-7,500 crore over five years as it expands its hotel portfolio, backed by strong domestic tourism and healthy cash flows

PM's call for cut in forex spend great for hospitality sector: IHCL MD, CEO

IHCL to spend Rs 1,200 crore capex in FY27

IHCL completes acquisition of 51% stake in Brij Hospitality for ₹222 cr

Tata Group-backed Indian Hotels Company, along with its subsidiaries, has completed the acquisition of a 51 per cent stake in Brij Hospitality for a total investment of approximately Rs 222 crore, according to a regulatory filing. Consequent to the acquisition, Brij has become a subsidiary of Indian Hotels Company Limited (IHCL). In January, the country's largest hospitality player IHCL said it had entered into share subscription and share purchase agreements to acquire around 51 per cent shareholding in Brij Hospitality Private Limited. "IHCL, along with its step-down subsidiaries, namely ANK Hotels Private Limited and Pride Hospitality Private Limited, has completed the acquisition of 51 per cent of the share capital in Brij Hospitality Private Limited (Brij), for a total investment of up to Rs 222 crore," the filing said on late Tuesday evening. The acquisition comprises the purchase from existing shareholders of Brij, as well as primary investment in it through a combination of

Samman Capital to diversify, targets top 3 NBFC rank by FY29

IHC to become promoter via Avenir Investment with 63.3 per cent stake post open offer; lender plans expansion beyond mortgages, scaling products, branches and customer base

Gulshan group ties up with IHCL for Taj-branded residences in Noida

Realty firm to invest ₹1,000 crore in project, with construction expected to be completed by 2031 and strong demand from high net-worth buyers

IHCL, ITC Hotels: Nomura sees 8-9% YoY ADR growth despite West Asia woes

In February, Lemon Tree Hotels shares plunged 16 per cent, Chalet Hotels tanked 14 per cent, Indian Hotels Company (IHCL) slipped 5 per cent and ITC Hotels fell 8 per cent

Why Ambit prefers hotel stocks over aviation and luggage? Leela top bet

The brokerage preference remains hotels over aviation and luggage within the travel and related consumption basket, reflecting stronger earnings visibility in hotels

Indian Hotels may raise 2030 targets amid strong quarterly revenue growth

Ginger brand set to contribute 10% of consolidated revenue with 250 hotels by FY27, becoming IHCL's third-largest brand by revenue share

IHCL to acquire 51% stake in wellness brand Atmantan for ₹240 crore

The transaction will entail a primary investment of Rs 205 crore and a secondary share purchase of Rs 35 crore

Indian Hotels dips 5%, stock hits over five-month low on heavy volumes

The outlook continues to remain healthy for Indian Hotels, led by continued traction in both the core business and new and reimagined businesses, say analysts.

IHCL expects weddings, MICE to drive 10% growth in December quarter

Co. records 14th consecutive quarter of growth, net tumbles due to one-off gain

IHCL, Ambuja Neotia plan joint hospitality investments beyond Bengal

Leading hotel chain Indian Hotels Company Limited (IHCL) and Kolkata's Ambuja Neotia Group are exploring the possibility of expanding their strategic partnership beyond management contracts into joint investments in hospitality projects, senior executives from both companies said on Friday. The development marks a deepening of their existing relationship, with IHCL currently managing six of Ambuja Neotia's properties and another 7-8 in the pipeline across various locations. In July, IHCL had announced the signing of an additional 15 hotels with the group, slated for development over the next three years. IHCL Managing Director and Chief Executive Officer Puneet Chhatwal said the company is looking at joint investment opportunities with Ambuja Neotia Group. He noted that while the group's preference has traditionally been West Bengal, it is now showing readiness to explore projects in neighbouring regions. He added that IHCL has several projects available for collaboration if the grou

Stocks to Watch today, Sept 24: Swiggy, Akzo Nobel, Cochin Shipyard, IHCL

Stocks to Watch today, September 24, 2025: IHCL, Swiggy, Akzo Nobel and other stocks will be in focus today; here's why

IHCL invests ₹100 cr in ELEL Hotels via rights issue for Taj Bandstand

ELEL Hotels holds the lease for Bandstand land parcel, where IHCL is developing Taj Bandstand, its fifth Taj-branded hotel in Mumbai alongside Taj Lands End

IHCL wants to become 'superstar' of India's hospitality sector, eyes growth

The Tata group's hospitality arm recorded its 13th consecutive quarter of record performance in June this year, with a 19% increase in consolidated net profit (to ₹296 crore) and a 32%ump in revenue