Taj

The MD and CEO shares the business recipe that helped him drive a turnaround at IHCL which was wallowing in loss when he took over in 2017

Latha & The Leaders | IHCL's Puneet Chhatwal Sees Doubling Of Revenues & Rooms in Next 5 years

In the latest episode of Latha & The Leaders, IHCL CEO and MD Mr. Puneet Chhatwal discusses the robust growth of India’s hospitality sector and of IHCL’s own brands: Taj, Ginger, Vivanta, Ama-stays, Chambers, J-Wellness…and more. “It’s not just being in the right place at the right time, but also right execution and right group, he says.

TATA group company to operate Cochin Airport's hotel project with Rs 100 crore investment

CIAL constructed the hotel, which is ideally located near the airport entrance, as part of its land utilisation programme and also to provide the passengers with hospitality services at par with international standards. Taj CIAL at Cochin Airport is expected to be launched by middle of 2024.

Target margin to be above 33% by end of 2025, says Puneet Chhatwal of Indian Hotels

Puneet Chhatwal attributed a successful Q3 to strong demand, flourishing wedding season, thriving business on books in October, November.

Fine dining came home during the pandemic; no more soggy salad (or pizza)

The moment the home delivery option was turned on, it freed up restaurateurs to think beyond their pre-existing menus. The field was wide open.

Ideas For Profit | Indian Hotels

Indian Hotels (IHCL) is the best stock to play the recovery theme given its strong brand image, diversified offerings and focus on balance sheet. Here’s why we believe it is the best stock to play the recovery theme.

Indian Hotels: Is it the best stock to play the recovery theme?

With the unlocking measures, IHCL witnessed a significant recovery on a month-on-month (MoM) basis, both in July as well as early August

Indian Hotels: Look beyond near-term hiccups

IHCL is keeping a sharp focus on maintaining cost control and balance sheet strength

Indian Hotels: Is it a stock for the long term?

Steep erosion in revenue and profit continues for yet another quarter for IHCL. Near term outlook bleak

Indian Hotels: A long-term stay option

Covid disruptions erode revenue and profits at IHCL, but occupancy trend indicates early signs of revival, which is a positive

Taj enters the Andamans with a 72-villa resort

The 72-villa resort is spread across 46 acres of forest and mangroves while preserving the fragile eco-system of the island, the company said in a release today.

Here are Sanjiv Bhasin's top trading ideas

In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.

Aim to move towards mono-branding: Taj Hotels

Chinmai Sharma, Chief Revenue Officer, Taj Hotels Resorts and Palaces told CNBC-TV18 that the restructuring exercise is basically a move towards ‘mono-branding‘ from ‘house of brands‘. It means we will basically be putting ‘Taj‘ in front of everything that we do

Indian Hotels plans to phase out Gateway, Vivanta brands

The country‘s second-largest hotel chain Indian Hotels Company (IHCL) will rebrand most of its 55-60 Gateway and Vivanta by Taj properties to bring them under Taj.

Sexual harassment case against Sarna a reason for Mistry ouster?

A woman executive working with IHCL had first reported alleged harassment by Sarna in early 2015. Before she started working with Indian Hotels, she was part of Mistry's Group Executive Council from where Sarna requested she be transferred to Taj.

Indian Hotels held off restructuring plans on Mistry ouster

The restructuring involved a complete makeover of the brnad of the company, which mostly focussed on its key brand Taj. Also, the rejig would have entailed plans to deal with loss making units. There were plans to discuss the selling off of around 40 IHCL properties.

Wah Taj! Morgan Stanley upgrades Indian Hotels to overweight

The brokerage firm says that the increase in target price reflects scenario value increases of 30-83 percent driven by estimate changes and sale of Taj Boston and higher bull case probability of 30 percent. The company is planning to sell the Taj Boston hotel for at least USD 125 million.

Pak's suicidal desperation solely to prevent India's rise?

The mere fact of India's rise - and not who rules India - makes the Pakistani army, which feeds itself on the weakening udders of the Pakistani state, see enough justification to cause mayhem in India. Pakistan can attack an India ruled by a weak Manmohan Singh as well as a stronger Modi.

Indian Hotels to have 200 hotels globally by 2018-end

Tata group hospitality major Indian Hotels Company (IHCL) today said it plans to open 83 new hotels globally to take tally to 200 by the end of 2018.

Indian Hotels to make offer to buy Orient Express

Tata-group firm Indian Hotels Company on Thursday said it will make an offer to acquire US-based Orient Express Hotels, which owns a chain of luxury hotels in US and Europe.

Tata rules out taking over Orient-Express

Indian Hotels Company that operates the Taj brand of hotels and resorts has no immediate plan to take over the New York-based luxury hotel Orient-Express, though it will look at options as it is a long-term investment, Tata Group chairman Ratan Tata today said.

IHCL to add 1,200 rooms in FY13

Indian Hotels Co, part of the Tata conglomerate, is planning to add 1,200 rooms in FY 13, a top company official said today.

Oldest elephant in North America dies at theme park

Taj, the oldest elephant in North America, has died at age 71 at a California theme park, after years of performing for crowds and painting on canvas.