IHCL shares soared 5.62% on November 21, reaching an all-time high of ₹795.70. The Tata Group's hospitality arm has ambitious plans to double its portfolio, expanding from 350 hotels (including pipeline) to 700, with its operational portfolio set to grow from 242 to 500. IHCL’s diverse portfolio includes iconic brands like Taj, SeleQtions, Vivanta, and Ginger. EIH Ltd., known for premium brands like Oberoi, Trident, and Maidens, posted a 37.11% jump in Q2FY25 net profit, totaling ₹133 crore. #hotels #tata #taj #finance #stockmarketindia
Laxmi Kant Mani’s Post
More Relevant Posts
-
IHCL shares soares 5.62% on November 21, reaching an all-time high of ₹795.70. The Tata Group's hospitality arm has ambitious plans to double its portfolio, expanding from 350 hotels (including pipeline) to 700, with its operational portfolio set to grow from 242 to 500. IHCL’s diverse portfolio includes iconic brands like Taj, SeleQtions, Vivanta, and Ginger. EIH Ltd., known for premium brands like Oberoi, Trident, and Maidens, posted a 37.11% jump in Q2FY25 net profit, totaling ₹133 crore. Check out other major players and share with others. #ICICIDirect #hotels #taj #vivanta #finance #stockmarketindia
To view or add a comment, sign in
-
#Indian_Hotels Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) is planning to increase the number of skill training centres to 50 across India by next year. #Dr_Lal_PathLabs The Board of the company approved the re-designation of Shankha Banerjee by appointing him as CEO and Key Managerial Personnel (KMP) with effect from May 21. Equity markets were volatile throughout the last week as cautiousness towards mid and small caps continued to drag market sentiments. In today's trade shares of #Indian_Hotels, #RailTel, #Dr_Lal_PathLabs, Torrent Power and Lupin will be in focus due to various news developments. #stock_in_news #etmarket #zeenews #moneycantrol @tradingtecg1
To view or add a comment, sign in
-
💼 ITC Limited Strengthens Hospitality Portfolio with Stake Increases in The Oberoi Group & The Leela Mumbai! As ITC prepares for the January 1, 2025, demerger of its hotel business, the company has strategically increased its stakes in two key hospitality giants: EIH Ltd (Oberoi Group): From 13.69% to 16.13% HLV Ltd (The Leela Mumbai): From 7.58% to 8.11% 📈 The Details: ITC acquired: 1,52,32,129 equity shares in EIH Ltd, boosting its presence in the luxury segment. 34,60,829 equity shares in HLV Ltd, fortifying its relationship with The Leela Mumbai. 🗨️ What This Means: This strategic move comes ahead of ITC’s much-anticipated demerger of ITC Hotels, signaling a focused approach to enhance value for stakeholders while cementing its leadership in premium and luxury hospitality. 📌 Key Insight: "The increased stake positions ITC as a formidable player in the Indian hospitality space, fostering growth and partnerships with iconic brands like Oberoi Hotels and The Leela Mumbai." 🔗 Insert article link: https://lnkd.in/gh2xE7UR 👉 Follow Hospitalitynews India for the latest updates on hospitality industry moves and trends! Author: Nishang Narayan #ITC #OberoiHotels #TheLeelaMumbai #HospitalityNewsIndia #LuxuryHospitality #HotelBusinessDemerger
To view or add a comment, sign in
-
3 Lessons to learn from 𝗕𝗶𝗸𝗶 𝗢𝗯𝗲𝗿𝗼𝗶, the 'God of Small Details' "𝗣𝗲𝗿𝗳𝗲𝗰𝘁𝗶𝗼𝗻 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝗱𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻, 𝗯𝘂𝘁 𝗮 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗷𝗼𝘂𝗿𝗻𝗲𝘆." Prithvi Raj Singh Oberoi or Biki Oberoi built a hospitality empire by never compromising on service, showing us that every detail matters from the smallest gesture to the grandest experience. 𝗟𝗲𝘀𝘀𝗼𝗻 𝟭: 𝗧𝗿𝗲𝗮𝘁 𝘆𝗼𝘂𝗿 𝗴𝘂𝗲𝘀𝘁𝘀 𝗹𝗶𝗸𝗲 𝗮 𝗳𝗮𝗺𝗶𝗹𝘆 Biki Oberoi understood that the personal touch makes all the difference. Guests should feel welcome, valued, and at home. 𝗟𝗲𝘀𝘀𝗼𝗻 𝟮: 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝘀 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 Behind the magic of guest service lies operational excellence. Simplifying processes and streamlining operations is the foundation for delivering unforgettable experiences. 𝗟𝗲𝘀𝘀𝗼𝗻 𝟯: 𝗘𝗺𝗽𝗼𝘄𝗲𝗿 𝘆𝗼𝘂𝗿 𝘁𝗲𝗮𝗺 Oberoi believed in empowering his staff to act with confidence and care. By investing in your people, you elevate your service, and they in turn elevate the guest's experience. 𝗣𝗦: Biki Oberoi has positioned India as a leader in the luxury hotel industry through his significant contributions. In recognition of his exceptional service, the Government of India awarded him the Padma Vibhushan, the nation’s second-highest civilian honor, in 2008. There are many things to be learnt from him. 𝗦𝗵𝗮𝗿𝗲 𝗶𝗻 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗹𝗲𝗮𝗿𝗻𝗲𝗱 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗹𝗲𝗴𝗲𝗻𝗱 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘁𝘆, 𝗕𝗶𝗸𝗶 𝗢𝗯𝗲𝗿𝗼𝗶. ✍🏽 #hospitalityindustry #botshotai #BikiOberoi #Oberoihotel Oberoi Hotels & Resorts
To view or add a comment, sign in
-
Indian Hotels (IHCL) shares hit a new all-time high of Rs 768.5 after Jefferies raised its target price to Rs 900, signalling a 20% upside. With a 75% rally this year, IHCL aims for strong growth, planning to open one new hotel per week through FY30. . . . . #marketwithfinogent #newswithfinogent
To view or add a comment, sign in
-
At The Oberoi Hotel in Lombok, I discovered that the highest form of hospitality is not about reacting to your customers’ requests. Here, an extra towel or a bottle of water by the beach arrives before you realise you need it, just like at home. The Oberoi calls this “anticipatory service.” New employees are trained for months in the fine art of prediction. They observe guests, notice subtle cues, and respond proactively. Every detail, from the warm welcome to the fond farewell, delivers the unexpected. Marketers call these customer touchpoints. By understanding the unspoken, they create a unique connection. Here, service is a silent conversation, and it speaks volumes. What if we all met our clients’ needs before they even asked? Whether in hospitality or professional services, great work starts with anticipation. #lbfalumni #skyhightower
To view or add a comment, sign in
-
HSBC India and Taj Hotels just launched India’s first ever premium co-branded hospitality credit card: HSBC Taj Credit Card. Just like the brands, the launch was also all about the finer things. From taking over the Gateway of India, to having Gauri Khan and Ananya Panday and even curating some bespoke experiences, the launch had it all. Here’s a look! HSBC | Taj Hotels | The Indian Hotels Company Limited (IHCL) #Collab #TheRarestKey #HSBCIndia #OpeningUpAWorldOfOpportunity #TajHotels #HSBCTajCreditCard
To view or add a comment, sign in
-
Indian Hotels Co. Q2 FY25 Net Profit Surges 226%, Beating Analysts' Estimates. The Indian Hotels Company Ltd. (IHCL), operator of the Taj brand, reported a significant surge in Q2 FY25 profits, with net profit tripling to ₹582.7 crore, far exceeding the estimated ₹248 crore. Revenue rose 27% to ₹1,826.1 crore, while EBITDA grew 41% to ₹501.3 crore, expanding margins to 27.5%. Key highlights include a strong international portfolio with 75% occupancy, a 19% revenue increase in TajSATS, and a 42% growth in new businesses like Ginger and Qmin. CEO Puneet Chhatwal reaffirmed double-digit revenue growth guidance for FY2025, driven by aggressive expansion, including 42 hotel signings this year. Despite strong results, IHCL shares closed slightly lower at ₹683.80 on the NSE. The company's focus on portfolio growth and diversification positions it well for sustained leadership in the hospitality sector. Full Article: https://lnkd.in/dVW_sVCx #FinanceFriday #WealthWisdom #MoneyMatters #SmartInvesting #FinancialFreedom #MarketInsights #Investing101 #EconUpdate #WealthBuilding #FinanceFacts #MoneyMoves #StockWatch #FinTipOfTheDay #PersonalFinance #CryptoCorner #FinancialFitness #InvestmentHacks #DailyFinance #MarketTrends #WealthCreation
To view or add a comment, sign in
-
Mumbai-based Travel Food Services (TFS), operating a travel quick service restaurant and a lounge business across airports in India and Malaysia, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Rs 2,000 crore Initial Public Offering (IPO). #restaurant #india #market #business #news #update BY - Nusra Kalim, Deputy Features Editor, RestaurantIndia.in Read more: https://lnkd.in/gXfpfC8f K Hospitality Corp, Karan Kapur, Varun Kapur, The Irish House, Copper Chimney
To view or add a comment, sign in