Mumbai-based Indian Hotels Company (IHCL), the parent of brands like Taj, Vivanta, SeleQtions and Ginger, remains confident about strong growth in the second half of the year and is preparing for a larger, more diversified business over the next two decades.
Puneet Chhatwal, MD and CEO, Indian Hotels said the company expects another solid quarter three, supported by strong bookings, rising room rates and continued recovery in travel demand. “Quarter three profit after tax (PAT) is significantly higher than the quarter one plus quarter two put together, and that is a trend we have seen in the last 14 quarters. The trends, the business on the books all point on the right direction.”
November was very strong, especially after a softer October that included both Dussehra and Diwali. Dece

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