IHCL to Hit 400 Hotels as Sports, Religious Travel Drive Demand

Indian Motels Restricted (IHCL) informed the primary quarter of the primary quarter on Thursday, with steady margins regardless of the alternative winds of worldwide aviation disturbances, the repercussions of the terrorist assault in Paalgam and the next battle with Pakistan.

Nevertheless, what emerges is the tempo of enlargement: IHCL expands its mark by the signatures of latest accommodations, acquisitions, and deeper bets on the religious tourism that depends upon occasions.

IHCL signed 12 new accommodations and opened six in the course of the quarter. It now operates 249 accommodations, with 143 different within the pipeline.

“We’re approaching a 400 -hotel portfolio. We’re nonetheless assured of attaining this landmark throughout this identical month,” CEO Ponit Chatwal