The Indian Hotels Company Limited engages in hoteliering and air catering business. The company also engages in the food processing and investing activities. It operates luxury residences, wildlife lodges, and spas. Hotels The company operates its hotels under the ‘Taj Hotels Resorts and Palaces’ umbrella brand in South Asia. As of March 31, 2009, the company owned and managed 99 hotels with 11754 rooms and approximately 281 food & beverage outlets. The company runs the hotels under various brands, such as ‘Taj’, ‘Taj Residency’, ‘VIVANTA by Taj’, ‘Gateway’, and ‘Ginger’ hotels. Internationally, the company has hotels at the United States of America, Australia, Maldives, Malaysia, the United Kingdom, Sri Lanka, Africa, and the Middle East. Ginger Hotels: The company, through its subsidiary Roots Corporation Limited, operates ‘Ginger’ brand hotels. As on March 31, 2009, the company had 19 Ginger hotels in operation at Bangalore, Haridwar, Bhubaneshwar, Mysore, Trivandrum, Pune, Durgapur, Nashik, Agartala, Pondicherry, Baroda, Pantnagar, New Delhi, Panaji (Goa), Ludhiana, Ahmedabad, Mangalore, Guwahati, and Durg. In addition, various projects are at various stages of construction at Jamshedpur, Wakad-Pune, Chennai, and Surat. In addition, the company has signed up management contracts for hotels in Manesar and Agra in addition to the earlier signed locations like Jaipur, Katra, Lucknow, and Tirupur. Wildlife Lodges: The company’s joint venture operates four lodges, including Mahua Kothi at Bandhavgarh; Baghvan Pench and Pasangarh at Panna; and Banjar Tola at Kanha. Spas: As of Mach 31, 2009, the company had 16 Taj Spas operational in Taj Hotels Resorts and Palaces in India and international locations. Significant Events On October 14, 2009, Indian Hotels Co. Ltd. (IHCL) has agreed to construct a hotel in joint venture with Delhi Metro Rail Corp. (DMRC) for room facility for tourists, particularly during the 2010 Commonwealth Games in New Delhi, India.
indian hotels co ltd (IH:Natl India)
Phone: 91 22 6639 5515
Fax: 91 22 2202 7442www.tajhotels.com
|Asian Hotels & Properties PLC||50.50 LKR||0.00|
|EIH Ltd||105.25 INR||-2.60|
|Hyatt Hotels Corp||$39.35 USD||+0.99|
|India Tourism Development Corp Ltd||150.40 INR||-3.70|
|Marriott International Inc/MD||$63.29 USD||+1.70|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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