Indian Hotels Company Limited (IHCL) plans to double its hotel inventory to 700 properties by FY30, with 500 operational and ₹5,000 crore in investments. The company aims to boost its room count from 42,500 to 70,000 and revenue to ₹15,000 crore. Image Source: Pexels The Tata Group-controlled Indian Hotels Company...
The Indian hotel industry is poised for a remarkable rebound in the fiscal year 2024, with experts predicting double-digit revenue growth. This positive outlook is largely attributed to several key factors that have been supporting the industry’s recovery. A recent report by ICRA sheds light on the robust trends in...
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