Taj Palace, Lucknow, an IHCL luxury hotel in Gomti Nagar, Uttar Pradesh
Indian Hotels Company (IHCL), a Tata Group company that is also the largest hospitality firm in the country, says it has continued its expansion in the first half of FY2027, signing 47 hotels and opening 20 properties across its brands. The company’s portfolio reached 670 hotels, comprising 390 operating properties and 280 hotels in the pipeline.
In a press statement, IHCL says that its expansion was driven by a diversified strategy across brands, markets and contract types. The company’s business model combines capital-heavy owned and leased hotels with a growing capital-light, fee-based business to support sustainable and profitable growth.
47 hotels signed, 20 opened in the first half of FY26/27
In a note to the stock markets, Suma Venkatesh, Executive Vice President-Real Estate and Development, IHCL, says the company was on track to achieve its Accelerate 2030 target of a 700-hotel portfolio ahead of schedule.
The company’s signings included four Taj hotels, one Brij property and one Atmantan property in the luxury segment. Ginger and Tree of Life accounted for 19 signings, strengthening IHCL’s presence in the mid-scale segment.
Through its openings, IHCL expanded in key lodging markets, including Mumbai, Gurugram, Goa and Hyderabad, while entering emerging destinations such as Kandla, Ayodhya, Tadoba, Kota, Bokaro and Jorhat.
Also Read: IHCL signs greenfield Taj hotel in Mohali
Internationally, the company extended its Taj footprint with hotel openings in Frankfurt, Germany, and Kruger, South Africa, taking its operating portfolio to 390 hotels.
Ginger leads IHCL’s portfolio with 254 hotels, comprising 162 operating properties and 92 in the pipeline. Taj follows with 151 hotels, including 95 operating properties and 56 pipeline hotels.
Gateway has 63 hotels, with 14 operating and 49 in the pipeline, while SeleQtions has 60 properties, comprising 36 operating hotels and 24 pipeline properties.
Vivanta and Tree of Life each have 55 hotels. Vivanta’s portfolio includes 33 operating hotels and 22 pipeline properties, while Tree of Life has 32 operating hotels and 23 in the pipeline.
