- IHCL reorganizes into two business verticals.
- Gaurav Pokhariyal named COO for Traditional Businesses.
- Prabhat Verma promoted to chief people officer.
The company also reorganized its operations into two divisions, traditional businesses and growth businesses. It plans to grow to 700 hotels and reach $1.57 billion in revenue by 2030. The new structure will help manage its portfolio of 645 hotels across 300 locations in 15 countries, IHCL said in a statement.
Pokhariyal previously served as IHCL’s executive vice president of human resources. In his new role, he will oversee operations across all geographies under the traditional businesses vertical.
Verma previously served as executive vice president of operations, leading performance across South India and international markets. As chief people officer, he will oversee human resources, sustainability and business excellence across the company.
Traditional businesses will cover Taj, Claridges Collection, Atmantan, Brij, SeleQtions, Clarks, Gateway and Vivanta, while Growth Businesses will include Ginger, Tree of Life, Qmin and ama Stays & Trails.
"Today IHCL has expanded its brandscape to 14 major brands across all segments. To effectively manage scale, maintain brand salience and deliver value creation for all stakeholders, business delivery is now organized in two verticals," said Puneet Chhatwal, IHCL managing director and CEO. “The structure is designed to support IHCL's next phase of growth by recognizing the different capabilities required for established and emerging brands.”
IHCL announced 20 hotel signings and added 11 new hotels in the first quarter of fiscal 2027, taking its total portfolio to 645 hotels.
