Taj Hotels’ Parent Firm to Add 120 Properties to Seize Travel and Wedding Boom
- The five-star hotel chain to focus on the Indian sub-continent
- Indian Hotels’ profit more than doubled for August-September
Luxury lodging brand Taj’s owner Indian Hotels Co. Ltd. plans to add 120 hotels to its chain over the next few years across premium and mid-range labels, including its first one in Frankfurt next year, in a bid to capture soaring demand for travel and leisure spending.
Eleven of those are scheduled for this year, besides the 14 already unveiled. There are 30 planned for next year and 35 the year after, Managing Director Puneet Chhatwal said in an interview on Bloomberg TV.