IHCL has signed a management contract for The Claridges, New Delhi, starting in April 2025. Speaking on the occasion, Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “This signing aligns with our growth strategy to enhance IHCL’s presence in key metro cities with iconic assets. The Claridges provides a unique opportunity to expand our footprint at the nation’s most prestigious address, while also paving the way for potential expansion of our brandscape by growing The Claridges brand.”