Unveiling a new five-year strategy, Aspiration 2022, in February last year, the Indian Hotel Company Limited plans to transform itself into the most profitable hospitality organisation on the subcontinent. Here managing director and chief executive, Puneet Chhatwal, tells Breaking Travel News editor Chris O’Toole about how the plan is unfolding to date
Indian Hotels Company and Swiss institution Les Roches Global Hospitality Education are joining forces. The duo will seek to address the prevalent skills gap and prepare the next generation of leaders to support the growth of the travel and tourism industry in India.
The Indian Hotels Company has announced a three-year strategic partnership with the sovereign wealth fund of Singapore, GIC. With funds of up to US$600 million, the new platform will be used to acquire fully operational hotels in the luxury, upper upscale and upscale segments in India.