Chandigarh, Aug 11: Indian Hotels Company (IHCL), India’s largest hospitality company, announces Select Service Business organisation encompassing four distinct brands – Ginger in the midscale segment, Tree of Life in experiential leisure, amã Stays & Trails in premium homestays and Qmin, the culinary platform.
Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “The new and emerging brands and business of IHCL have achieved significant scale with the recent inclusion of ANK Hotels and Pride Hospitality. Under the newly formed Select Service Business vertical, IHCL brings together a portfolio of 260 Ginger hotels, 40+ Tree of Life resorts, 360+ bungalows under amã Stays & Trails and 100+ Qmin outlets. This will serve as IHCL’s non-linear growth engine, driving scale, innovation and profitable growth across diverse hospitality segments.”
He added, “These high-growth brands with distinct market positioning will capitalise on emerging opportunities enabling the Select Service Business to deliver an enterprise revenue CAGR of over 25% under Accelerate 2030.”
In line with the above, Ms. Deepika Rao is redesignated as Executive Vice President, Select Service Business, IHCL. She along with her leadership team, will drive business performance across the four brands under five distinct legal entities.
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