Indian Hotels Company (IHCL), India’s premier hospitality company, made a significant announcement today regarding its latest venture. IHCL has signed an agreement to acquire a resort in Naukuchiatal, Uttarakhand, which will undergo a complete transformation. Following extensive renovations and expansion, the resort will be rebranded as an IHCL – SeleQtions hotel. This strategic move adds another remarkable property to IHCL’s portfolio, reinforcing its position as the country’s largest and most esteemed hospitality company.
Nestled on a sprawling 4-acre expanse, this enchanting resort features 88 luxurious rooms and is ideally situated along the picturesque Naukuchiatal Lake. Guests can indulge in breathtaking panoramic views of the glistening water and the majestic Himalayan foothills. The resort prides itself on its diverse dining experiences, including an all-day diner, a stylish bar, and a specialty restaurant situated on elevated decks that overlook the shimmering lake.
In addition to its exquisite accommodations and dining options, the property offers an array of amenities to ensure a memorable stay. Guests can take a refreshing dip in the inviting swimming pool, rejuvenate their senses at the serene spa, maintain their fitness routine at the well-equipped gymnasium, and take advantage of the ample indoor and outdoor spaces, which are perfect for social gatherings and corporate events.
The Indian Hotels Company Limited (IHCL) and its subsidiaries are a collective of brands and businesses that combine the essence of Indian hospitality with exceptional service. These brands include Taj, an iconic name renowned among the most discerning travelers and recognized as the World’s Strongest Hotel Brand and India’s Strongest Brand in the Brand Finance Hotels 50 Report 2022 and India 100 Report 2022, respectively. There is also SeleQtions, a distinguished collection of hotels; Vivanta, offering sophisticated upscale accommodations; and Ginger, a pioneering brand in the lean luxe segment.
Founded by Jamsetji Tata, the visionary behind the Tata Group, IHCL inaugurated its first hotel, The Taj Mahal Palace, in Bombay in 1903. Presently, IHCL boasts a portfolio of 270 hotels globally, with an additional 81 under development across four continents, spanning 11 countries and over 100 locations. As India’s largest hospitality company by market capitalization, The Indian Hotels Company Limited (IHCL) is primarily listed on the BSE and NSE stock exchanges.
Commenting on the signing, Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “The signing of this hotel is in line with IHCL’s vision of expanding its presence in the leisure destinations. Naukuchiatal is a picturesque hill station in Uttarakhand’s lake district. Nestled amidst the Kumaon Himalayas it provides easy access to other popular hill stations in the state. We are delighted to strengthen our partnership with Leisure Hotels Group for our fifth hotel together.”
The Leisure Hotels Group is a renowned resort chain in North India and holds the distinction of being the largest chain in the state of Uttarakhand. With its establishment in 1989, the group has had the privilege of catering to a vast number of travelers across Uttarakhand, boasting an impressive presence in 17 picturesque locations.
The group’s diverse portfolio encompasses a range of exceptional accommodations, including smart business hotels, boutique resorts, bespoke villas, and luxury camps. Each property offers a unique and immersive experience, encompassing leisure, adventure, wilderness, wellness, and spiritual journeys. With a commitment to delivering exceptional service, the group upholds a timeless approach to customer satisfaction, ensuring award-winning and wholehearted services remain at the core of their commitment to guest delight.
Vibhas Prasad, Director, Leisure Hotels Group said, “We are delighted to partner with IHCL for our fifth property. The company with its pioneering efforts has put many destinations on the global tourist map. This will bring Kumaon in Uttarakhand on the tourism circuit while fostering invaluable support to the local community. We believe it will transform the hospitality landscape in the region.”
With the inclusion of this latest addition, IHCL significantly strengthens its presence in Uttarakhand. The company now proudly operates a total of nine hotels in the state, featuring renowned brands such as Taj, SeleQtions, Vivanta, and Ginger. Furthermore, IHCL is actively working on the development of four additional hotels in Uttarakhand, further expanding its offerings and commitment to providing exceptional hospitality in the region.
