IHCL Aims for 700 Hotels by 2030, Plans to Double Revenue

The Indian Hotels Company Limited (IHCL) has unveiled its "Accelerate 2030" strategy, targeting 700+ hotels, doubling revenue to ₹15,000 crore, and achieving a 20% return on capital employed. Currently, IHCL has 350 hotels, with 200 operational, and has delivered 10 consecutive quarters of record financial growth. The company plans to expand through new brands like Ginger, Qmin, and amã Stays & Trails using a capital-light approach. With ₹5,000 crore earmarked for expansion, IHCL aims to strengthen its leadership in Indian and global markets while maintaining service excellence and ESG commitments.

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