Over the last five years Indian Hotels has moved from being largely owner-driven to one that is expanding via management contracts. Add to that newer avenues of income, and there is reason for CEO Puneet Chhatwal to be optimistic
A short walk from Mumbai’s domestic airport, near the iconic, circular-shaped Sahara Star hotel, construction workers toil busily. A 371-room Ginger hotel–from the Taj stable–is being built for a May 2023 opening. The prime piece of land always belonged to Indian Hotels Company Limited (IHCL), the Taj hotels’ parent company, but for the last 25 years, since the flight kitchen that it previously housed shut down, it has been unutilised.