Indian Hotels’ Company Limited (IHCL) announces "Ahvaan 2025"

 

MUMBAI: "The Indian Hotels Company Limited", India’s largest hospitality company, announced "Ahvaan 2025". Under the plan, it will re-engineer its margins, re-imagine its brandscape and re-structure its portfolio. 'IHCL' aims to build a portfolio of 300 hotels, clock a 33% EBITDA margin with 35% EBITDA share contribution from new businesses and management fees by FY 2025-26.

Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “Continuing its growth momentum, IHCL signed over 100hotels and opened over 40 hotels in the past five years, making it the fastest-growing hospitality company in India. 'Ahvaan 2025' will further accelerate IHCL's profitable growth by scaling its diversified brand portfolio across its traditional and new businesses. Its iconic and strongest brand Taj, 'Paathya' an industry-leading ESG+ framework and a strong focus on digital will be the key enablers on this journey.” 'Ahvaan 2025' maps IHCL's three-pronged strategy to grow profitably in the coming years.

'IHCL' continues to Re-engineer its margins with an emphasis on sustained revenue growth, and cost optimization and operational excellence. It will further strengthen the balance sheet with a focus on free cash flows and be a zero net debt company. Scaling its Re-imagined brandscape, Ginger will be an important growth vehicle and will scale to 125 hotels, 'amã Stays & Trails’, a branded offering in the homestay market will be a portfolio of 500 and Qmin, IHCL’s culinary and home delivery platform will expand to 25 plus cities.

'IHCL' also aims at Re-structuring its portfolio and achieving a 50:50 mix between its owned/leased and managed hotels. It will look to stimulate growth by unlocking capital through strategic partnerships, monetization, and simplification. Having signed the highest number of new hotels in India over two consecutive years 2020 and 2021, IHCL has a strong pipeline of 60 hotels. IHCL is present in 100 destinations across India. Taj, the iconic luxury brand is slated to grow to 100 hotels across the globe, while Vivanta and SeleQtions will scale to a portfolio of 75 hotels.

With culture, customer, and community at its core, "Ahvaan 2025" will seek to maximize stakeholder value.