Indian Hotels Company Limited (IHCL), India's largest hospitality company, has announced the signing of 47 new hotels in the first half of FY2027, expanding its portfolio to 670 hotels. The company also opened 20 hotels during this period, reinforcing its growth trajectory.
Suma Venkatesh, Executive Vice President of Real Estate & Development at IHCL, stated, "With a strong momentum of 47 signings and 20 openings in H1 FY2027, IHCL is on track to achieve its guidance under Accelerate 2030 of a 700-hotel portfolio ahead of time." This growth is driven by a diversified strategy across brands, markets, and contract types, highlighting IHCL's scalable and resilient hospitality ecosystem.
IHCL's portfolio includes a mix of capital-light and capital-heavy assets, allowing for sustainable and profitable growth. The company's diverse brandscape, featuring ten hotel brands, reflects India's varied landscape. Recent signings include four Taj hotels, a Brij, and an Atmantan in the luxury segment, alongside 19 signings in the mid-scale segment with Ginger and Tree of Life.
The company has strengthened its presence in key Indian markets such as Mumbai, Gurugram, Goa, and Hyderabad, whilst also entering emerging destinations like Kandla, Ayodhya, and Tadoba. Internationally, IHCL expanded the Taj brand with new openings in Frankfurt and Kruger, South Africa, bringing its total operating hotels to 390.
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