Tag Archives: Indian Hotels Company Limited

Puneet Chhatwal, MD & CEO, Indian Hotels Company Limited (IHCL) has claimed that they are bringing out new hotels almost every day. He informs, “We just signed a contract for another Taj Wellington Mews. We signed another property in a resort in India. We are very much on track to deliver one hotel a month, which can also become 1.5 or 1.3 hotel a month, owing to the lockdown or construction bans because of pollution.”

The Indian Hotels Company Limited (IHCL) has announced the signing of a new Taj Hotel at Deira Creek in Dubai in partnership with Ithra Dubai, a wholly-owned subsidiary of Investment Corporation of Dubai (ICD). Puneet Chhatwal, Managing Director and CEO, IHCL said, “The Middle East is a significant market for IHCL. We are honoured to partner with Ithra Dubai for this new hotel in Deira – the historical and cultural centre of Dubai. IHCL has a long tradition of managing marquee hotels with rich heritage links across the world.” The new Taj hotel is a greenfield project slated to open in early 2022, conveniently positioned 15 minutes from Dubai International Airport. This hotel will be part of Deira Waterfront Development – one of Dubai’s most significant rejuvenation projects. An urban oasis, the hotel will have approximately 200 spacious rooms and suites with a selection of rooms cantilevered over the water, with scenic waterfront views. The hotel will include all-day dining and specialty restaurants, a bar and lounge, banqueting facilities and a spa. Issam Galadari, Chief Executive Director, Ithra Dubai, said, “We are delighted to partner with The Indian Hotels Company Limited and look forward to working with them to bring the iconic Taj brand to the Deira Waterfront Development in Dubai.” IHCL also operates Taj Dubai in downtown Business Bay and has two new hotels, Taj Jumeirah Lake Towers and Taj Exotica Resort & Spa, The Palm, Dubai opening in late 2018 and 2019 respectively

The Indian Hotels Company Limited (IHCL) has signed a new Ginger hotel in Visakhapatnam. It will be Ginger’s second hotel in the city. Ginger Hotels’ portfolio has 45 operating hotels and seven hotels in the pipeline. The announcement reflects the company’s strategic domestic expansion to drive growth momentum. Deepika Rao, Managing Director and Chief Executive Officer, Roots Corporation said, “We are delighted to partner with SSR Builders in Visakhapatnam for this hotel. We are happy to expand our presence in Visakhapatnam, a key city in Andhra Pradesh.” The new Ginger in Visakhapatnam with 56 rooms, an all-day diner, meeting room and a fitness centre located at Gajuwaka amidst a commercial hub with close proximity to companies like Tata Motors, Nestle, BHEL, GAIL and many others. The hotel is slated to open mid-2019. IHCL has two other hotels in the city – The Gateway Hotel Beach Road Visakhapatnam and a 68-room Ginger hotel close to the Visakhapatnam railway station.    

Indian Hotels Company Limited (IHCL) has appointed Puneet Chhatwal as its new CEO. He was earlier the CEO of Deutsche Hospitality, which owns the Steigenburger chain of hotels in Europe, Middle East and Africa. Chhatwal reportedly said, “IHCL has some of the most iconic hotel properties in India and at key gateway locations across the world. I look forward to working with the talented teams at IHCL and under Mr. Chandrasekaran’s leadership to take this iconic company forward.” He will replace Rakesh Sarna who is stepping down with effect from September 30, 2017.  Chhatwal started his career with ITDC and was the Chief Development Officer of the Rezidor Hotel group, which owns the Radisson brand of hotels, before joining Deutsche Hospitality in 2012. Raj Rana, CEO, South Asia at Carlson Rezidor, reportedly said, “I welcome him back to the hospitality industry in India where he started his career.” Source: The Economic Times