Coldplay and Weddings to Drive Growth at Indian Hotels Co.
Skift Take
With foreign tourists yet to return, domestic business and leisure travel is fueling IHCL's growth. And anciliary businesses are diversifying its revenue streams.
Taj Hotels’ parent company Indian Hotels Company (IHCL) is expecting the January to March quarter to record double digit growth.
“With large-scale events like Mahakumbh, concerts like Coldplay and the extended wedding season in the fourth quarter, we remain confident of delivering all the metrics,” said Puneet Chhatwal, managing director and CEO of IHCL on Friday.
There were concerns last year after the G20 Summit and the Cricket world cup ended: What would keep hotels occupied after those mega events had concluded?
IHCL’s occupancy during the October-December quarter in 2024 remained
