Top 10 Hotels in India 2016

Posted in Top Brand Lists, Total Reads: 2904

India’s tourism and hospitality sector has been booming like never before. India, the land of several mysteries has always been a favourite among leisure travellers. With the relaxed tourist visa norms and the strategic push to turn India into a country that means business, the country has been attracting both holiday as well as business travellers. The sector has also been witnessing a growth in domestic demand due to increasing purchasing power of the country’s citizens and because of their approach towards vacationing is coming of age. The top hotels in India include EIH Limited (Oberoi), Indian Hotels Company (Taj), Mahindra Holidays, ITC Hotels, Ashoka Hotels, EIH Associated Hotels Limited, Speciality Restaurants, Mac Charles, Asian Hotels (East) & Taj GVK Hotels. Here is the list of the top 10 hotels in India 2016.

10. Taj GVK Hotels

Taj GVK Hotels and Resorts (TAJGVK) is a joint venture strategically leveraging on the competitive advantages of two multi-million dollar firms with their expertise in the luxury and hospitality sectors.

Image: company website

It is an alliance between the Hyderabad based conglomerate GVK Group and the TATA owned Indian Hotels Company Limited (IHCL). The joint venture came into existence in 1999 – 2000, and currently services its customers by owning and managing five star hotels in prime locations in India.

It operates five star hotels in Hyderabad (four in number), and one each in Chandigarh and Chennai. With Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj in Hyderabad, and Taj Chandigardh in Chandigarh, and Taj Club House in Chennai, TAJGVK has a total room base of over 1080 across its six properties. Another of TAJGVK’s 5-star deluxe property is coming up near Mumbai’s Santacruz Airport near Terminal 1C in collaboration with Greenridge Hotels and Resorts, and with its construction set to complete, will soon start its operations. Set in prime locations in the city, each of the six properties are epitomes of remarkable architecture, with a view to blend the historical past of the city with its modernization, and luxury with business. The hotels offer a wide variety of rooms, suited for both leisure travellers as well as for business purposes. The Taj Krishna in fact is a proud member of The Leading Hotels of the World. TAJGVK also illustrates exemplary corporate governance and is particular about code of conduct and corporate policies.

TAJGVK is listed on both the BSE and NSE stock exchanges in India and is one of the companies with a high market capitalization in the hotels sector.

Market Cap (Rs. cr): 865

Net Sales (Rs. cr): 272

Net Profit (Rs. cr): 8.42

Looking for Similar Lists, Browse more Top Lists

Share this Page on:
Facebook ShareTweetShare on Linkedin