Articles tagged “indian hotels company”

Domestic travel may be IHCL’s golden goose right now, but it’s still keen to bring in foreign tourists.

With the economy stabilizing and leisure and business travel bouncing back, investors like GIC are betting big on the “next wave” of premium hotel demand. The SAMHI deal signals not just confidence in the sector, but in the evolving Indian traveler.

In a country with a booming middle-class like India, the move to upscale and midscale travel is a no-brainer. As consumers look for quality without a hefty price tag, brands that upgrade their midscale offerings are already reaping the benefits.

With big competitors like Movenpick and Hampton by Hilton resorts, IHCL has clearly tried to set itself apart by going the branded apartment route.

South Africa wants more Indians to visit, but visa processes are a major hurdle. Enter: a new visa regime. Why? Because Indians have in the past flocked in large numbers to destinations that are making visas easier to get.

With foreign tourists yet to return, domestic business and leisure travel is fueling IHCL's growth. And anciliary businesses are diversifying its revenue streams.

As international hotel chains set their eyes on India's potential, IHCL is undertaking an aggressive expansion plan, driven by an asset-light model.

Inbound travel to India is far behind pre-pandemic numbers. By simplifying payments MakeMyTrip's latest feature looks to make travel easier for foreign tourists visiting the country.

The parent companies of both the Oberoi and Taj brands are tapping into the growing demand for unique, high-end experiences — both from the Indian diaspora and international travelers.

Analysts were skeptical that Indian Hotels Company Ltd. could hit its lofty goals for profit margins. But it's been delivering.