Articles tagged “taj hotels”

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.

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.

The latest acquisition by India's largest hotel group suggests that "experiential leisure" is becoming popular. "Experiential leisure" means "hotels with small room counts and home-like architecture, so vacationers can pretend they're not at hotels."

It's no surprise that IHCL is expanding its airport hotel portfolio. These hotels are increasingly popular, especially among business travelers. With traffic often turning into a crawl, imagine the time saved: you land, grab your bag, and in minutes, you’re at your hotel. Now, who wouldn’t want that?

In travel, India and China are markets you can’t afford to ignore. Two high-profile representatives from each country make a strong case for why.

The Coldplay concerts have fans from all over India scrambling to get tickets - reselling is rampant and at exorbitant prices. And now, booking hotels is getting more expensive for the fans, as well.

The Indian Union Budget last week was a disappointment, but there was a bright spot with IndiGo, MakeMyTrip, and IHCL all reporting profitable quarters in their earnings calls.

As more people in India are seeking upscale living options that blend luxury with convenience, IHCL is leveraging its strong brand and hospitality expertise, to step into this space to meet these evolving demands.

Driven by an increase in spending power, Indians are traveling to the U.S. in huge numbers. Gains are further boosted by major sporting events held in the U.S., as Indian sports fans are willing to travel far for events.