IHCL EXPANDS IN THE MIDDLE EAST WITH BNW DEVELOPMENTS; SIGNS TAJ WELLINGTON MEWS BRANDED HOTEL APARTMENTS IN AL MARJAN ISLAND, RAS AL KHAIMAH

Dr. Vivek Anand Oberoi, Co-Founder and Managing Director, BNW Developments, Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, Mr. Ankur Aggarwal, Chairman and Founder, BNW Developments with Arch. Abdulla Al Abdouli, CEO, Marjan

MUMBAI, MARCH 11, 2025: Indian Hotels Company (IHCL), India's largest hospitality company, announced the signing of Taj Wellington Mews on the picturesque Al Marjan Island, Ras Al-Khaimah in partnership with BNW Developments, a leading name in luxury real estate sector. This greenfield project marks IHCL's entry into Ras Al Khaimah with the launch of its premier branded hotel apartments.

Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Ras Al-Khaimah’s unique cultural heritage, natural beauty, and significant infrastructure development make it an increasingly compelling destination for global travellers. With its immense potential to redefine the Middle Eastern hospitality landscape, the emirate is equipped to become a leading tourism epicenter. As we expand our global footprint, we are delighted to partner with BNW Developments to introduce our iconic Taj hospitality to this island.”

Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, said, “BNW Developments is the largest private real estate developer in the emirate of Ras Al Khaimah. BNW's contributions to Ras Al Khaimah's development are unprecedented, and I extend my sincere gratitude. In a landmark collaboration, the prestigious Indian hospitality brand, Taj, has arrived in Ras Al Khaimah, marking its debut and enhancing the emirate's allure. Together, we plan to transform the island’s skyline and set new benchmarks for the future of real estate in the emirate. With more BNW projects launching in Al Marjan Island, we are confident of significant economic expansion.”

Set against the backdrop of the Arabian Peninsula and enclosed by the Yanas mountain and Jebel Jais, the 336- apartments at Taj Wellington Mews, Al Marjan Island, Ras Al Khaimah will feature an array of culinary experiences, including an all-day dining restaurant, a specialty restaurant, a bar, and a lounge. To cater to the needs of business travelers, the hotel will feature a range of meeting and event spaces, including versatile meeting rooms, and a state-of-the-art board room. Unwind and rejuvenate at the fully equipped gym, outdoor swimming pool, or luxurious spa offering treatments and therapies.

Mr. Ankur Aggarwal, Chairman and Founder, BNW Developments and Dr. Vivek Anand Oberoi, Co-Founder and Managing Director, BNW Developments quote, "At BNW Developments, our mission has always been to transcend conventional paradigms of luxury and create immersive residential experiences that stand the test of time. We are excited to partner with IHCL to bring the iconic Taj brand to Al Marjan Island. With its rich hospitality legacy and commitment to excellence, Taj Wellington Mews will be a landmark property in the region."

An archipelago in the Persian Gulf, Al Marjan Island is an alluring island offering pristine beaches, crystal- clear waters, and breathtaking landscapes.

About BNW Developments

BNW Developments, an award-winning real estate developer headquartered in Dubai, is celebrated for its exceptional portfolio of ultra-luxury residential and commercial properties in Dubai and Ras Al Khaimah. Committed to delivering innovative designs and functional elegance, BNW Developments has established itself as a trusted name in the real estate realm.

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World's Strongest Hotel Brand 2024 and India’s Strongest Brand 2024 as per Brand Finance; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 368 hotels including 128 under development globally across 4 continents, 14 countries and in over 150+ locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.

Please visit: IHCL; Taj; SeleQtions; Tree of Life; Vivanta; Gateway; Ginger

For more information, please contact: malihah.faizi@ihcltata.com