The only company to feature on this list that has been into the hospitality business for over a century, The Indian Hotels Company Limited (IHCL) is a company that needs no introduction.
Image: company website
Along with its subsidiaries, IHCL is better known as The Taj Group, and its parent company, the TATA Group is a name Indians and the world alike respect and trust. Incorporated as long back as 1903 by Jamsetji Tata, the founder of the Tata Group, IHCL has its headquarters in Mumbai, where it all started from with its very first property the Taj Mahal Palace.
It has now grown to 100 hotels at 62 strategically chosen locations in India that serve not only business or leisure travellers, but also pilgrims at remote destinations. Not limited to just India, IHCL has its presence felt in international locations as well, owning and operating 13 hotels in the UK, USA, sub-continent and beyond (Bhutan, Sri Lanka, the Maldives, Malaysia), Africa (Zambia and South Africa) and the Middle East. IHCL recently also announced that it will soon be focussing on South-East Asia and Gulf Co-operation Council (GCC) countries as well. In an attempt to maximize revenues, IHCL has also been making strategic divestment decisions (such as selling off Taj Boston, USA and a property in Morocco), but at the same time has also decided to increase close to a thousand rooms in its properties across the other luxury brands owned by it, namely Vivanta, Gateway and Taj Luxury. Travel website TripAdvisor recently named IHCL’s Umaid Bhawan Palace at Jodhpur as the Best Hotel in the world, which bears testimony to the company’s dedication and commitment to hospitality and customer service. IHCL also imparts skill-based training to the underprivileged youth to help them land jobs in the hospitality sector. The company is listed on both BSE and NSE.