Tag Archives: IHCL

The Indian Hotels Company Limited (IHCL) has announced its new Taj Hotel in Lonavala after signing a management contract with Wilds and Water Developers, a part of the Kakade Group. The announcement strengthens its position of having the largest number of leisure hotels in the country. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL said, “We are delighted to partner with the Kakade Group in bringing our latest leisure offering to Lonavala. Consolidating our presence across key leisure circuits has always been our focus and Lonavala presents the right opportunity as a getaway for travellers in and around Mumbai and Pune.” The Taj branded resort will be conveniently located with easy access through the Mumbai – Pune expressway. Nestled along the serene waters of Lake Pawana, amidst the picturesque hills, the sprawling address will span over 30 acres of land and include 150 guest rooms, an all-day diner, a specialty restaurant and a bar. Vikram Kakade,  Kakade Group said, “We are proud to partner with the iconic Taj brand and bring their famed hospitality to Lonavala. With this partnership we along with our development partner, David Lazarus aim to create a first-of-its kind Taj resort in Maharashtra, and provide a unique experience to our customers.” Lonavala is a tranquil small town that has emerged as a leading tourist destination in Maharashtra. A scenic hill station, it has for years been a favourite of travellers from Mumbai and Pune.

In a major milestone, The Indian Hotels Company Limited (IHCL) has announced its foray into the Holy City of Makkah, Saudi Arabia, with a partnership with Umm Al Qura Development and Construction Company in the prestigious King Abdul Aziz Road (KAAR) project, one of the largest urban rejuvenation projects in the city of Makkah. Commenting on the signing of this agreement, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “We are honoured to partner with Umm Al Qura Development and Construction Company in bringing the first Taj hotel to Saudi Arabia. This signing is aligned to our strategy of a strong focus on global growth markets and to be present where our guests travel to.” This hotel will be IHCL’s fourth venture in the MENA region. The company manages Taj Dubai located in the Burj Khalifa downtown area. It will also open another two hotels in Dubai in the next 12 to 18 months. The hotel, scheduled to open in January 2023, will have approximately 340 keys, banqueting facilities and several restaurants to serve all tastes. Commenting on the partnership, Eng. Mohammad Al Ganawi, Chief Executive Officer, Umm Al Qura Development and Construction Company said, “We look forward to working with them to bring the iconic Taj brand to the unique development project in Makkah.” As the birthplace of Prophet Muhammad (PBUH) and the site of his first revelation of the Quran, Makkah is the holiest city in the religion of Islam.

Indian Hotels Co Ltd (IHCL) has announced that Rahul Pandit, MD and CEO, Roots Corporation, a subsidiary of IHCL that owns and manages Ginger Hotels, has resigned effective April 2, 2018 due to personal reasons. Pandit has been with the company for around three years. Puneet Chhatwal, Managing Director, IHCL and CEO, Roots Corporation, said, “The Board respects Pandit’s decision and thanks him for his leadership. During his tenure, Ginger expanded its portfolio  in line with the company’s growth strategy whilst achieving its highest customer satisfaction ratings . We wish him the very best with his endeavors. There is a stable leadership team in place at Roots Corporation and we will continue to pursue our aggressive plans for the company.” Pandit stated, “It has been an honour to lead Roots Corporation over the last few years. It was an exceptional learning experience which added value to my professional journey. I would like to thank my board members and colleagues for their support during my stint.”

Indian Hotels Company Limited (IHCL) has announced its foray into Bhopal with the signing of a new hotel – Vivanta Bhopal, through a management contract with Genex Hotels. This will be IHCL’s first hotel in Bhopal, expanding its presence across key state capitals and having a network of hotels in all the key commercial centres of India. Suma Venkatesh, Senior Vice President, Real Estate & Development, IHCL said, “We are delighted to partner with Genex Hotels for Vivanta Hotel in Bhopal. Consolidating presence in key capital cities is an important pillar of our domestic expansion strategy. With rapid urbanisation and growth, Bhopal offers immense potential for both leisure and business travellers.” Vivanta Bhopal will be located near Van Vihar National Park, a 25-minute drive from the Bhopal International Airport. Spread over four acres, the hotel will comprise 150 guest rooms and other features including multi-cuisine restaurants, recreation facilities, meeting spaces, conference rooms and large banqueting facilities. Commenting on the partnership, the spokesperson for Genex Hotels said, “We are proud to partner with IHCL and introduce the Vivanta brand to Bhopal. Through this association with the pioneers of the Indian hospitality industry, we aim to enhance the guest experience in line with the highest international standards.”

Taj Group has announced that its Managing Director and Chief Executive Officer Rakesh Sarna has resigned owing to personal reasons. Sarna had joined Indian Hotels Company Limited as Managing Director and Chief Executive Officer on September 1, 2014. IHCL Chairman N. Chandrasekaran said Sarna had chosen to resign upon completion of his three-year tenure as MD and CEO, adding “The board respects his decision and has requested him to continue till September 30, which he has kindly agreed to”. IHCL runs the Taj Group of hotels. He had joined IHCL in September 2014 replacing the company’s long-serving head Raymond Bickson. Before he joined IHCL, Sarna was the Group President -Americas of Hyatt Hotels Corporation.