HomeNIFTYIHCL EXPANDS ITS PARTNERSHIP WITH CG HOSPITALITY, TO GROW ITS PORTFOLIO IN...

IHCL EXPANDS ITS PARTNERSHIP WITH CG HOSPITALITY, TO GROW ITS PORTFOLIO IN THE INDIAN SUBCONTINENT

Chandigarh, MAY 9, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced a strategic partnership with CG Hospitality, extending its current association of TAL Hotels & Resorts Limited and Taj Safaris Limited to achieve a portfolio of 25 hotels by 2025. Ekyam, the platform will primarily pursue opportunities in destinations that offer adventure experiences across the Indian Ocean and Greater Himalayan regions and wildlife escapes.

Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “IHCL has a long-standing association with CG Hospitality, a member of the renowned CG Corp Global for over two decades. We are delighted to announce that the next phase of this partnership will pursue accelerated growth in the Indian Subcontinent. This collaboration under the platform – Ekyam, will explore opportunities to manage hotels across regions around the Himalayas as well as Indian ocean and strengthen the wildlife sector.”

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