🛎️ IHCL & Ambuja Neotia Group Sign Pact for 15 New Hotels

Indian Hotels Company Ltd (IHCL), part of the Tata Group, has signed a strategic agreement with Ambuja Neotia Group to develop 15 new hotels across West Bengal, Sikkim, and Himachal Pradesh, expanding their partnership to 40+ properties.

🏨 Development Overview:

  • Project Types: Mix of greenfield, brownfield, and conversion projects
  • Completion Timeline: Expected within 3 to 7 years, with half ready in under 5 years
  • Investment: ₹2,000–₹2,500 crore by Ambuja Neotia Group

🌟 Brand Distribution:

BrandLocations
TajSunderban, Darjeeling, Shimla, Rabong, plus branded villas in 4 locations
SeleQtionsKolkata, Siliguri
Tree of LifeLataguri

📈 Strategic Impact:

  • Adds 1,000+ rooms to the existing 1,500-room portfolio
  • Strengthens IHCL’s Vision 2030 to scale to 700+ hotels and ₹15,000 crore revenue
  • Positions Ambuja Neotia as IHCL’s largest partner in terms of rooms, hotels, and revenue

🌄 Tourism Focus:

  • Unlocks leisure potential in East & Northeast India, especially bespoke luxury travel
  • Builds on IHCL’s legacy of destination development in Rajasthan, Kerala, Goa, and the Andamans

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