Tag Archives: IHCL

Roots Corporation CEO Rahul Pandit resigns

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.”

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IHCL forays into Bhopal by signing a new hotel

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.”

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Rakesh Sarna resigns as IHCL MD and CEO

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.

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