Skip to content

Search

Latest Stories

IHCL’s 2026 Boom: 4,500 New Rooms with Claridges Tie-Up

IHCL will manage The Claridges, New Delhi, from April

The Claridges New Delhi entrance with IHCL and Claridges Collection branding, reflecting the 2025 partnership for luxury hotel expansion by 2030

Taj Hotels owner, Indian Hotels Co. Ltd., plans to add 4,500 rooms across more than 30 properties next fiscal, aiming to exceed 700 by 2030. Pictured is The Claridges, New Delhi.

Photo credit: The Claridges

IHCL’s 2026 Expansion: 4,500 Rooms and Claridges Partnership

INDIAN HOTELS COMPANY Ltd, the parent of Taj Hotels, plans to add 4,500 rooms across more than 30 new properties next fiscal year as part of its goal to exceed 700 properties by 2030, according to a PTI report. Claridges Hotels Pvt Ltd., led by promoter Suresh Nanda, launched the “Claridges Collection” brand, with IHCL managing select properties, including The Claridges, New Delhi.

It plans to expand the boutique luxury brand to more than 20 properties by 2030, starting with Claridges New Delhi, Connemara Chennai and Blue Diamond Pune, the companies said in a joint statement.


"We opened 25 hotels this year, and next financial year it will be north of 30,” said Puneet Chhatwal, IHCL’s managing director and CEO. “We used to say we would open two hotels a month... Now we are getting close to between 2.5 and 3 hotels a month. This is where we will be in the next financial year, with 2.5 being the minimum per month."

Under its “Accelerate 2030” strategy, IHCL aims to exceed 700 hotels and double consolidated revenue to Rs 15,000 crore by 2030. Chhatwal told the news agency that the financial year 2026 could see about 4,500 new rooms, averaging 150 per hotel.

IHCL plans to develop around 20 Claridges Collection properties in key gateway cities, serving as cultural and social hubs.

"The majority, 80 percent, of the Claridges Collection portfolio will be existing properties... 15 could be existing, and four to five will be new builds," he said.

Nanda called the collaboration with IHCL "a significant milestone in expanding the Claridges legacy across India."

"This collaboration combines IHCL’s hospitality expertise with Claridges’ heritage and culinary excellence, offering guests a distinctive experience,” he said. “We are confident this alliance will set new industry benchmarks."

IHCL may expand the Claridges Collection internationally. Chhatwal said the brand is registered in Nepal and Sri Lanka, in addition to India.

"It is an international name, so it would be great to take it global. For now, let's start with four to five key markets in the Indian subcontinent," Chhatwal said.

IHCL's loyalty program, Taj InnerCircle, part of Tata Neu's 'NeuPass,' grew fivefold to 10 million members, with loyalty-driven revenue exceeding 40 percent of IHCL’s total enterprise revenue.

More for you

India hotel investment forecast

Report: India’s hospitality sector to attract $1B by 2028

INDIA’S HOSPITALITY INDUSTRY is expected to attract $1 billion in investments by 2028, up from $340 million in hotel transactions last year, according to JLL India. RevPAR rose 16.3 percent from January to March compared to the same period last year. It also rose 8 percent from the fourth quarter of 2024.

Around 79 hotels with 9,478 keys were signed during the quarter, while 31 branded hotels with 3,253 keys opened, the report said.

Keep ReadingShow less
IHG Opens 50th Hotel in India
Photo credit: IHG Hotels & Resorts

IHG opens 50th hotel in India

IHG HOTELS & RESORTS recently opened the 110-key Crowne Plaza Lucknow in Uttar Pradesh, its 50th hotel in the country. The company signed 18 new hotels across its brand portfolio in 2024, with 30 percent of the signings in the premium and luxury segments in India.

The Lucknow property, serving business and leisure travelers, offers 40,000 square feet of meeting and event space, a gym and an outdoor pool, IHG said in a statement.

Keep ReadingShow less