IHCL SETS FOOT IN LAKSHADWEEP, SIGNS TWO TAJ RESORTS IN SUHELI AND KADMAT
MUMBAI, JANUARY 10, 2023: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of two Taj-branded resorts on the islands of Suheli and Kadmat in Lakshadweep. The Greenfield projects are slated to open in 2026, and will be developed by IHCL.
Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “This signing is in line with IHCL’s pioneering spirit, which has put several destinations such as Rajasthan, Kerala, Goa and Andamans on the global tourist map. The sustainability-focused development will aim to create minimal footprint while preserving the fragile eco-system in yet another unexplored location. We see significant potential in Lakshadweep, with its pristine beaches and coral reefs set amongst the Arabian Sea. The two world class Taj resorts will attract international as well as national travellers.”
Suheli is a ring-shaped island with a coral reef rim that encircles a lagoon and is rich in marine life. The Taj at Suheli will have 110 rooms including 60 villas on the beach and 50 water villas. A coral island with a large lagoon, Kadmat Island, also known as Cardamom Island, is a marine protected area with seagrass beds, which are a nestling ground for marine turtles. Featuring 110 rooms, the Taj hotel at Kadmat will comprise of 75 beach villas and 35 water villas.
Lakshadweep, India’s smallest Union Territory, is an archipelago of 36 islands in the Arabian Sea, and is known for its scenic beauty with exotic beaches, coral reefs and lagoons. It is a haven for water sports including scuba diving, windsurfing, snorkelling, surfing, water skiing, and yachting.
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 the World’s Strongest Hotel Brand and India’s Strongest Brand as per Brand Finance Hotels 50 Report 2022 and India 100 Report 2022, respectively; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; 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 252 hotels including 67 under development globally across 4 continents, 11 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.
Please visit: www.ihcltata.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com
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