Archive · 12 Aug 2025
IHCL Focuses on Domestic Growth, Expands Hotel Capacity
IHCL, the company behind Taj hotels, is growing in India by focusing on mid-market hotels.
They're buying into ANK Hotels and Pride Hospitality, plus making a deal with Brij Hospitality.
This is to add more hotels, especially under the Ginger brand.
They want to double their midscale hotel presence because they see more people traveling and spending money in India.
They plan to have over 550 hotels, using their own money to pay for the new ones.
The existing management teams of the acquired companies will stay in place.
IHCL focuses on domestic expansion, aiming to double its midscale portfolio.
IHCL acquired controlling stakes in ANK Hotels and Pride Hospitality for ₹204 crore.
A distribution agreement was signed with Brij Hospitality.
These partnerships expand IHCL's portfolio to over 550 hotels with 55,000 rooms.
The acquired hotels, mainly under 'The Clarks Hotels & Resorts', will integrate into IHCL's ecosystem, primarily under the Ginger brand.
- Who
- Indian Hotels Company Limited (IHCL) is expanding its portfolio.
- What
- IHCL acquired controlling stakes in ANK Hotels and Pride Hospitality and signed a distribution agreement with Brij Hospitality.
- When
- The information was published on August 12, 2025.
- Where
- Across India, with a presence in 250 cities.
- Why
- To expand IHCL's presence, particularly in the midscale hotel segment.
- Buyer
- Indian Hotels Company Ltd. (IHCL)
- Acquired
- ANK Hotels and Pride Hospitality
- Stake Acquired
- Controlling
- Hotels Under Clarks Brand
- 135
- Transaction Amount
- ₹204 crore
- Total Hotels Post-Acquisition
- Over 550
Sources
IHCL acquires Clark Hotels & Resorts in ₹204 crore deal
IHCL to acquire 51% each in ANK & Pride
Indian Hotels share price rises 1.5% after company's acquisition plans. Do you own this Tata group stock?
IHCL portfolio to cross 550 hotels with 55,000 rooms post acquisitions
India Hotels focuses on domestic growth; raises mid-segment capacity