Summary:
- IHCL reported 46 signings and 26 openings in H1 2026.
- The company operates over 250 hotels in India with 25,500+ rooms.
- On track for a 700-hotel portfolio under Accelerate 2030.
THE INDIAN HOTELS Co. Ltd. reported 46 new signings and 26 hotel openings across domestic and international locations between April and October. This includes 14 properties acquired through partnerships with Brij Hospitality and Clarks Group.
The company expanded its footprint with new Taj signings in Darjeeling, ECR Chennai, Pondicherry, Mohali and Kruger National Park, South Africa. Openings included Taj Alibaug, Taj Raichak, two SeleQtions resorts in Lakshadweep and a Vivanta in Thane, IHCL said in a statement.
“Reflecting the potential of the mid-scale to upscale segment, a significant share of the 46 signings in the first half of this fiscal were across IHCL’s Gateway, Tree of Life and Ginger brands,” said Suma Venkatesh, IHCL’s executive vice president for real estate and development. “This growth was enabled through multi-hotel framework agreements with the Ambuja Neotia Group for the Taj, SeleQtions and Tree of Life brands and with Madison for the Ginger brand in South India.”
IHCL’s Accelerate 2030 strategy, announced in November 2024, aims to double revenue to $1.83 billion and expand its portfolio to more than 700 hotels by 2030. The company now operates more than 250 hotels across India, with more than 25,500 rooms.
“IHCL is on track to reach a 700-hotel portfolio under its Accelerate 2030 strategy,” Venkatesh said.
Deepika Rao, IHCL’s executive vice president for hotel openings and new businesses, said the company maintained a strong pace of openings during the period.
“IHCL opened 12 hotels and onboarded 14 more in the first half of the 2026 fiscal year,” she said. “Entering new locations, we opened a Taj in Alibaug and Raichak, two SeleQtions resorts in Lakshadweep and a Vivanta in Thane. We strengthened our presence in existing markets with our fourth Taj hotel — Taj Lalit Bagh in Udaipur, a Gateway in Coorg and Ahmedabad, a second SeleQtions in Haridwar and a Ginger in Dehradun.”
IHCL also recently acquired a controlling stake in ANK Hotels and Pride Hospitality and signed a distribution agreement with Brij Hospitality.
