Indian Hotels Company eyeing 18-20 openings this year, says CEO Chhatwal

Of the 18 launches that IHCL is eyeing, 7-10 would be under the Ginger brand

Indian Hotels Company Limited (IHCL), the country’s largest hospitality company, is eyeing 18-20 openings in the current year.

Puneet Chhatwal, managing director and chief executive officer, IHCL, said that a minimum of 18 hotels would be opened in the year and may even go up to 20. 

Chhatwal was in Kolkata for the second opening this year -- the Taj City Centre New Town in partnership with the Ambuja Neotia Group. The partnership was for six contracted properties and the Taj City Centre New Town was the fourth. Incidentally, the launch marked the second Taj in the city after 33 years. 

Of the