IHCL aims to double its hotel portfolio and revenue by 2030, driven by India's economic growth.

IHCL plans to double its hotel portfolio to over 700 properties and its revenue to ₹15,000 crore by 2030. The company has already surpassed previous goals, with 350 hotels and ten consecutive quarters of record performance. Growth is driven by India's economic outlook, infrastructure development, and rising consumer spending. IHCL's strategy includes launching new brands and focusing on management fees for expansion. Shares have hit a 52-week high following the announcement.

November 19, 2024
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