Tag Archives: Puneet Chhatwal

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

Deutsche Hospitality is very ambitious about the brand’s growth in the India market. In a recent interview, Puneet Chhatwal, CEO, Steigenberger Hotels AG, says, “We are very ambitious concerning our growth in the Indian market. In fact, we are already present there as partner in the joint venture ‘MBD Steigenberger,’ which is currently in process of being registered under Indian company law. Together with our Indian partner MBD group, India’s largest education and leading hospitality company, we are planning to open at least 20 hotels in India over the next 15 years. The first hotel will be in Bangalore.”

Steigenberger Hotels AG is changing its brand architecture and consolidating its three hotel brands into one umbrella brand: Deutsche Hospitality. Puneet Chhatwal, CEO, Steigenberger Hotels AG, says, “These two words combine our German roots and our international vision. The new umbrella brand is a vital lever that will unleash dynamism, help us to expand internationally, and drive innovation.” Deutsche Hospitality unites three hotel brands under one name: Steigenberger Hotels and Resorts; Jaz in the City, and IntercityHotels. A total of 116 hotels in twelve countries and on three continents are part of the Deutsche Hospitality umbrella brand. 20 of these hotels are under construction or in the planning stage.