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Indian Hotels Company Ltd.’s FY22 annual report highlights the company’s efforts to grow its existing and new businesses, improve its margins, and deploy its capital efficiently to generate better returns.
India Hotels has introduced AHVAAN 2025 strategy, under which it expects to reach a portfolio of 300 hotels, comprising Taj (100), Vivanta and SeleQtions (75), and Ginger (125).
As on March 31, 2022, Indian Hotels has 20,581 rooms, after adding around 1,156 rooms in FY22. While owned rooms increased from 10,202 in FY21 to 10,364 in FY22, the managed rooms increased from 6,496 to 7,439 over the year.
Further Indian Hotels has taken its business model beyond the traditional hotel business and is expanding into homestays under ama Stays and Trails brand. Under ama Stays and Trails, it has already signed up for 90 homestays and is planning to take the total to over 500 by FY25-26.
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