Continuing its expansion momentum, IHCL has signed 20 new hotels in the first quarter of FY2027. This addition takes its portfolio to 645 hotels, including a pipeline of 263 properties. During the quarter, the company also opened 11 hotels across its brand portfolio.
Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “With a focus on our growth brands seventeen of the twenty signings this quarter were across Gateway, Ginger and Tree of Life. These included new destinations and emerging markets like Bharatpur, Trichy, Sindhudurg, Jawai, Wayanad and deeper penetration in established markets of Mumbai, Goa, Agra and Kolkata.
IHCL noted that the company is well poised to achieve its target of a 700-hotel portfolio under its strategic roadmap, Accelerate 2030.
