IHCL SIGNS A NEW SELEQTIONS HOTEL IN UDAIPUR, RAJASTHAN

MUMBAI, APRIL 26, 2022: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new SeleQtions hotel in Udaipur, Rajasthan. The hotel is a management contract with Lalit Bagh Heritage Palace and Museum Private Limited.

Commenting on the signing, Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, said, “Udaipur is ranked amongst the world’s top destinations to travel to and IHCL has had its presence in the city for over 50 years now. Fast evolving as the preferred venue for social events and conferences, it has a huge business potential. We are delighted to partner with Lalit Bagh Heritage Palace and Museum Private Limited to bring our sixth hotel to Udaipur.”

The 151-room SeleQtions hotel is strategically located in Nahar Mangra, with close proximity to the airport. Spread over eight acres, the hotel is being built in the tradition of the grand palaces of Rajasthan. It will have an all-day diner, a specialty restaurant and bar. The hotel will have over 10,000 square feet of banquet space, meeting rooms and expansive lawns, perfect for elegant weddings and conferences. It is a Brownfield project slated to open in 2025.

Mr. Tikam Singh Rao, Director, Lalit Bagh Heritage Palace and Museum Private Limited, said, “We are delighted to partner with IHCL for this SeleQtions hotel. The company is renowned for putting Udaipur on the global tourist map.”

With the addition of this hotel, IHCL will have six hotels across brands including three under development in Udaipur.

About Lalit Bagh Heritage Palace and Museum Private Limited

It’s a company formed for conserving a 150 year old hunting palace of Maharana and to restore and construct a new palace along with it which replicates the old era of royal living once again. Company objective in this hotel is to use traditional Mewar architecture along with traditional art to build a palace which will be place of interest for everyone who loves heritage and luxury.

This company is owned by Mr. Tikam Singh Rao and family members who are pioneers in transport business in Rajasthan and have indulged in hospitality sector including handicrafts business.

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 the World’s Strongest Hotel Brand and India’s Strongest Hospitality Brand as per Brand Finance 2021, 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 235 hotels including 59 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.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com

For more information, please reach out: Parinita.Gawri@ihcltata.com, Kirti.Dhingra@ihcltata.com