Part of Tata group
Indian Hotels Company (IHCL)
Indian Hotels Company (IHCL) is expanding: it signed 47 hotels in H1 FY2027 and now has a 670-hotel portfolio with 280 in the pipeline (BW Hotelier, 12 Oct). It targets 12-14% revenue growth (CNBC-TV18, 12 Oct), and the 700-hotel Accelerate 2030 guidance is still 30 hotels away (BW Hotelier).
What it means Rival chains face an operator whose industry demand growth of 8.6% outpaces 3.9% supply growth.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 8 stories, the newest dated 12 Oct 2026. Summary written 13 Oct 2026. Newer developments are under Latest moves.
Indian Hotels Company (IHCL) is an Indian hotel operator whose brands include Taj, Gateway, Ginger, Brij, Tree of Life and Atmantan.[1] source: BW Hotelier
Show 3 more paragraphs and 8 sources
Ginger is its mid-scale brand,[2] source: Business Standard and Brij Hotels is part of IHCL's brandscape.[3] source: ET Hospitality
IHCL signed 47 hotels and opened 20 in the first half of FY2027, to 30 September. That took its portfolio to 670 hotels, including a pipeline of 280, with 390 operating hotels as of 30 September 2026.[1] source: BW Hotelier In October 2026 it signed a 232-key greenfield Gateway hotel in Agra, taking its Uttar Pradesh portfolio to 64 hotels, 27 of them under development.[4] source: ET Small Business It also signed a 122-key Gateway hotel in Alwar, taking its Rajasthan portfolio to 74 hotels, 32 of them under development.[5] source: BW Hotelier IHCL opened the 31-key Ginger Guwahati, Aerocity in Assam.[6] source: ET Hospitality Brij Tara, a 17-key retreat on nine acres at Ranthambore, was set to open on October 11, 2026.[3] source: ET Hospitality Ginger became the first brand to operate 100 hotels in India, with 95 more in development.[2] source: Business Standard
Indian Hotels targets 12-14% revenue growth, with more than 15% achievable, and expects Ginger-led select services to grow 25-30%.[7] source: CNBC-TV18 JM Financial expects IHCL RevPAR growth of around 14% in Q2 FY27 and names Leela, Lemon Tree and ITC Hotels as preferred picks.[8] source: Mint
Sources
Questions about Indian Hotels Company (IHCL)
What are Indian Hotels Company (IHCL)'s expansion plans?
In October 2026 IHCL signed a 232-key Gateway hotel in Agra and a 122-key Gateway hotel in Alwar, and opened the 31-key Ginger Guwahati, Aerocity. It also has airport Ginger hotels planned at Bengaluru, Goa, Mumbai Terminal Two and Kolkata.[4] source: ET Small Business[5] source: BW Hotelier[6] source: ET Hospitality[2] source: Business Standard
Where and when is Indian Hotels Company (IHCL) opening new stores?
Brij Hotels, part of IHCL, opens its 17-key Brij Tara hotel at Ranthambore National Park on October 11, 2026. The property spans nine acres.[3] source: ET Hospitality
How many Indian Hotels Company (IHCL) stores are there?
IHCL had 390 operating hotels as of 30 September 2026. Its total portfolio was 670 hotels, including a pipeline of 280.[1] source: BW Hotelier
What is Indian Hotels Company (IHCL)'s current strategy in India?
In October 2026 IHCL signed Gateway hotels in Agra and Alwar.[4] source: ET Small Business[5] source: BW Hotelier It also opened Ginger Guwahati, Aerocity, and Ginger reached 100 operating hotels with 95 in development.[6] source: ET Hospitality[2] source: Business Standard IHCL expects Ginger-led select services to grow 25-30%.[7] source: CNBC-TV18
Who are Indian Hotels Company (IHCL)'s main competitors?
JM Financial's Q2 FY27 outlook named Leela, Lemon Tree and ITC Hotels as preferred picks. It expects IHCL RevPAR growth of around 14% in the quarter.[8] source: Mint
More stories about Indian Hotels Company (IHCL)
- IHCL to merge Oriental Hotels in all-stock deal, consolidating seven South India properties
- IHCL opens second Taj hotel in Lucknow, taking Uttar Pradesh network to 60 properties
- Mumbai Port Authority presses ₹3,500 crore lease-dues claim; Taj operator IHCL contests citing 2018 HC stay
- IHCL signs 20 hotels in Q1 FY27, targets 700-hotel portfolio by 2030
- IHCL CEO Puneet Chhatwal's pay rises ~9% to ₹25 cr in FY26
- IHCL to invest Rs 6,000-7,500 crore in capex over five years, adds 50-floor Taj Bandstand in Mumbai
Stories that mention Indian Hotels Company (IHCL)
7 stories
Indian Hotels Company (IHCL) is named in these stories but is not their subject.
- IHCL opened Brij Tara in Ranthambore in October: a nine-acre resort with 17 villas, cottages and residences
- RBI decision revives Tata Sons listing prospect, sharpening value-unlocking case for group shareholders
- Indian hotels ride domestic corporate and MICE demand as foreign travel softens
- IHCL’s Ginger targets ₹3,000 crore enterprise revenue by 2030
- OYO parent Prism doubles valuation to Rs 67,200 cr, joins IHCL in Hurun top 10 ahead of IPO
- Delhi HC dismisses Zostel's fresh petition against Oyo, clearing IPO overhang
- Omaxe launches Rs 6,200 crore hospitality vertical to build 19 hotels across 13 cities