New Delhi, May 5 -- Indian Hotels Co. Ltd (IHCL) has outlined plans to invest over Rs.1,200 crore in FY26, focusing on asset management, upgrades, and new projects, particularly enhancing its Taj Hotels brand, the company said in a filing to the BSE on Monday. In FY25, the company said it spent Rs.1,000 crore. The company expects growth, driven by strong domestic and international demand, the recovery of foreign tourist arrivals, and momentum in the leisure, social, and meetings and incentives segments, too.

It also anticipates growth in both same-store performance and new business initiatives, with 30 new hotels set to open in the year, it added. For FY25, it posted a 53% jump in net profit, which reached Rs.2,038 crore, up from Rs.1,33...