Kolkata, July 22 -- Indian Hotels Company (IHCL) has announced the agreement signing for 15 new hotels across IHCL's brandscape with the Ambuja Neotia Group. This capital light arrangement will grow the partnership to over 40 hotels.
"IHCL will now extend to unlocking the tourism potential of the East and North East with this agreement. We are delighted to extend our partnership with the Ambuja Neotia Group, known for their luxury hospitality developments showcasing the spirit of this region," IHCL's MD and CEO Puneet Chhatwal said.
"These projects, predominantly under the Taj brand are expected to come on stream over the next five years beginning with the signing of four hotel operating agreements for a Taj in Darjeeling and a SeleCtion...