Tata Group hospitality major Indian Hotels Company (IHCL) will cease to manage two hotels under its upscale brand Gateway in Jodhpur and Ahmedabad from May 9, next year.
"The Indian Hotels Company Ltd (Taj Hotels Resorts & Palaces) has decided to discontinue its management contract for The Gateway Hotel, Jodhpur and The Gateway Hotel, Ummed Ahmedabad," the company said in a statement. IHCL and its subsidiaries are are collectively known as Taj Hotels Resorts and Palaces.
"Taj Hotels Resorts & Palaces will continue managing the hotels as per previously agreed contractual terms until May 9, 2016," it added. The company did not disclose reasons for such a move.